Insurance is an unavoidable cost for HVAC contractors. Given all that’s happened in the past year, from the pandemic to natural disasters, it’s inevitable that insurance costs will rise. HVAC contractors need to budget for these higher prices, work with their insurance agents when they can, and shop their premiums if they have to.
That last part often proves easier said than done. Premium prices are rising in most lines, and many businesses have had to file claims recently. This makes for a lot of unhappy customers.