Elevator Professional Liability Insurance
Working on elevators is a difficult task. Operating in tight spaces, often at large heights, it becomes easy to make mistakes. With elevator professional liability insurance, your business can be protected from professional mistakes made on the job that are not covered under a standard general liability policy.
What is Elevator Contractor Professional Liability Insurance?
Elevator contractor professional liability insurance is a type of errors and omissions insurance designed specifically for elevator contractors, technicians, and installers. Professional liability insurance protects your business in the event that a mistake is made during any work that is completed. If a lawsuit is brought against you or your business, professional liability can help cover legal costs and potential settlements.
Why Do Elevator Contractors Need Professional Liability Insurance?
Professional liability insurance is important for elevator businesses to carry because there are lot of potential mistakes that can be made on the job that could lead to lawsuits. Some of the mistakes that can occur on the job include:
Installations
An improper installation or faulty electrical installations on an elevator can potentially lead to a lawsuit if it breaks and leads to injuries.
Repairs
If routine maintenance work isn’t properly fixed, it can cause further damage to the elevator or building.
Inspections
If something is missed during an inspection that leads to an issue later, having professional liability will help protect you.
Benefits to National Elevator’s Professional Liability
Coupling professional liability for contractors with general liability insurance is often required for you to stay in business. By working with National Elevator, you get insurance coverage tailored to the elevator business.
Benefits include:
No Height Restrictions
No matter what type of elevator you are working on, you will have a reliable policy that will protect you from whatever mistakes are made.
Custom Coverage
Whether you’re a contractor, inspector, or technician, you can get the coverage designed specifically for the type of work you are doing.
Experience
As one of the longest running elevator insurance companies in the country, there is no situation our experts haven’t seen, and we’ll be able to provide your company with the best service in the industry.
Quality Claims Handling
Our claims handling is unparalleled because of the experience of our team. We’ll make sure your claims are handled efficiently.
Competitive Rates
Because of our deep expertise in the elevator industry, we’ll be able to provide the most competitive prices out there. Your policies don’t have to break the bank.
Get started with National Elevator
Don’t let your elevator business go without the best elevator professional liability insurance. Contact us today to learn about how we can protect your business today.
National Elevator’s general liability underwriting is done by a carrier that is licensed and admitted in all states and provides you with coverage enhancements specific to your industry.
Our underwriting enhancements include:
- First Dollar Protection
- No Deductible or Self Insured Retention (SIR)
- Blanket Additional Insured coverage
- Blanket Waiver of Subrogation
- Per Elevator Aggregates
- Limited Pollution Coverage
When clicking on any of the Legal links, you’ll be redirected to Specialty Program Group, LLC’s website which is the holding company of National Elevator Insurance Solutions.