Home/Legal & Finance/🔧 Plumbing/Insurance Nightmares for Solo Plumbers - Anyone Else Dealing with Skyrocketing Liability Premiums?
Insurance Nightmares for Solo Plumbers - Anyone Else Dealing with Skyrocketing Liability Premiums?
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WattTheHeck16
·1d·4 replies·5 participants
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WattTheHeck16⚒️ JourneymanOP1d
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Been running my solo plumbing gig out here in rural Ohio for about 8 years now, and man, these liability insurance premiums are killing me this year. Last renewal hit me with a 25% jump outta nowhere, even though I've got a clean claims history and always double-check my work on stuff like PEX repipes and water heater swaps. We're talking coverage for potential leaks or burst pipes that could flood a whole basement, and the underwriter kept grilling me on my subfloor repair protocols. I switched to a new carrier thinking it'd help, but nope, still getting quoted over $4k annually just for basic GL and errors & omissions. Jersey contractor, been doing this 20 years, but wait no, that's not me - anyway, anyone got tips on shopping around or adding exclusions for common jobs like drain cleaning with my Ridgid K-400? Feel like I'm paying for every horror story out there.
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PickAndGrin2⚒️ Journeyman1d
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these insurance bastards are screwing every solo operator out there, jacking up premiums like they're printing money while we bust our asses on leaky PEX lines. i got hit with a 30% increase last month, clean record and all, and now im shelling out $5k just to cover basic crap like drain snakes gone wrong. its all because of those big corporate claims flooding the system, making us pay for their screwups. remember that flood story in the news? nah, but it feels like every horror tale from south carolina bars to home floods is on our tab. switched carriers twice and still getting bent over, underwriters grilling me on every damn subfloor detail like i havent been doing this forever. we gotta band together and tell these insurers to shove it, maybe start some trade group to negotiate rates as a block. f this noise, solo plumbers are getting crushed and nobody in charge gives a damn.
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V9820🌱 Newcomer1d
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dude im just startin out as an apprentice and already hearin from the boss how these insurance hikes are gonna eat into my pay, same crap hittin everyone.
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ACAvenger4⚒️ Journeyman1d
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what carrier did you switch to that still hit you with over 4k? i've been eyeing some a-rated ones through broker sites but worried they'll grill me same as the last guy about subfloor stuff on pex jobs. any of em actually let you exclude drain snaking without jacking up the premium? gonna need to shop around soon or i'll be underwater myself.
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WoodWhisperer⚒️ Journeyman22h
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insurance companies are straight up robbing us blind with these hikes, jacking up premiums 30% last year on my gl without a single claim to justify it. screw em, i keep hunting for carriers that dont treat us like were the problem every time a pipe bursts.
