Your appliance repair service comes with significant risk. An employee could injure their back lifting a heavy appliance, or accidentally damage a customer's home. Appliance repair insurance can cover unexpected legal fees, repair costs, and medical bills to help keep you in business.
Insureon helps home and commercial appliance repair shops and technicians find insurance that matches your unique risks.
Get free expert advice and peace of mind knowing you have the right liability and property coverage for your small business.
These insurance policies cover the most common risks of appliance repair.
A commercial general liability policy covers basic third-party risks, such as water damage from a faulty refrigerator. Bundle it with commercial property insurance for savings in a business owner’s policy (BOP).
A BOP bundles general liability coverage and commercial property insurance at a discount. It's often the most cost-effective type of insurance for appliance repair companies.
Most states require workers’ comp for appliance businesses that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
This type of coverage can pay for third-party property damage and injuries in an accident involving your appliance repair van or truck. State laws require auto liability coverage for business and personal vehicles.
This business insurance policy helps pay for repair or replacement of an appliance technician’s multimeters, wrench sets, and other tools. It's a type of inland marine insurance.
Professional liability insurance covers legal costs when an appliance repair company is sued for a mistake or oversight. It's also called errors and omissions insurance (E&O).
A small business with a few workers will pay less for insurance than a large company.
Factors that affect premiums include:
It's easy to get business insurance and surety bonds for appliance repair or appliance installation if you have your company information on hand. Our application will ask for basic facts about your company, such as revenue and number of employees. You can buy a policy online and get a certificate of insurance with Insureon in three easy steps:
Insureon's licensed insurance agents work with top-rated U.S. carriers to find coverage that matches the risks of repairing dryers, washing machines, and other appliances, whether you work independently or hire employees.