The turbulent waters known as business profitability have been affected by the spiraling costs of business and employee insurance rates over the past several years. If the waters are to calm down a bit, it will be because business owners are taking matters into their own hands and fighting the multiheaded insurance monster.
The HVAC community is not immune to the triple-digit increase in insurance premiums over the past several years. While contractors cannot control the effects of natural disasters and claims/litigation increases in non-HVAC businesses, they can implement changes in their own businesses to reduce or minimize insurance costs that threaten to cut back or eliminate employee benefits or force price increases in basic services.