Are you a roofing contractor or construction business in the United States looking for liability insurance? If so, our insurance team at Contractors Liability® is ready to answer some common questions for you and provide you with a free quote as well.
What is Roofers Insurance?
Roofers Liability Insurance protects you from unexpected accidents that may happen to your clients or a third party on the work site. For example, if someone becomes injured, or your project causes damages to someone else’s property, you may be required to pay thousands of dollars to cover the loss. In some states, you can have the ability to bid for contracts and projects without Roofers Insurance, but if you want to get started on the site with your tools and ideas in hand, you may be required by a property owner or the government to show proof of insurance before you get started.
Why choose Contractors Liability for your Roofers Insurance?
After a long hard winter, many homeowners and people across the nation will need roofing work. This is great news for independent roofing contractors who will see an increase in business. Don’t get stuck worrying about accidents. If you are a new contractor or just one who has not been insured before, you need to get roofers insurance to givepeace of mind. Below are the most commonly asked questions about Roofers Liability. If you have any other questions, feel free to fill out our contact form and we will respond to you within the same day.
What Will Roofers Insurance Cover?
Generally Roofers Insurance will cover you in five basic areas:
- Injuries to the Body: Bodily injuries that accidentally happen to clients or others persons on the work site.
- Damages to Property: This covers damages to the clients property that are a result of your work.
- Personal Injury: This refers to accidental damages to a person’s image or business reputation as a result of your project.
- Advertising Injury: This covers any damages to a person’s image or reputation as a result of your advertising.
- Medical Payments: This will cover any medical expenses incurred by someone that was injured on the work site.
The three basic payments that roofers insurance makes for you:
- Punitive damages: Will pay out on any penalties against your business if it has committed a wrongful act in some way.
- Compensatory damages: Will pay out for financial losses of the claimant and any additional monetary loss resulting directly from the claim.
- General damages: Will pay out for intangible loses such as “pain and suffering” and “mental anguish”.
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What Happens if One of My Employees Gets Injured on the Job?
If one of your employees get’s injured on the job, Roofers Insurance will not cover their injury, medical bills or any of the costs related to getting legal defense. To cover your employees from unexpected accidents you will need to get Worker’s Compensation Insurance.
What Is the Difference Between Roofers Insurance and General Contractors Insurance?
If you are a roofer, you obviously need Roofers Liability because it is specifically tailored for your needs. However, if you are a contractor that hires a subcontractor to do roofing for you, then you need to get insurance specifically for subcontracting. If you are unsure which insurance you need, fill out the form to get a quote or call us now at 1-866-225-1950 so we can help you determine if you need Roofers Liability Insurance.
How Much is Roofers Insurance?
The biggest question any contractor has is “how much will this cost me,” and unfortunately there is no simple answer. One way to get a general idea of how much coverage costs is to have a look at our trades pricing. The best way to find out what costs you will be looking at is to get a general liability insurance quote. There are many variables to take into account when you are getting insurance. Companies will look at how large your business is, what kinds of jobs you take on and what kind of coverage you want. An example is that a $100,000 liability policy is going to cost less overall than a $200,000,000 policy. If you only do roofing work for residential areas, you won’t need as much coverage as someone who does a great deal of large scale commercial work.
What Happens if I Don’t Get Roofers Insurance?
It is an expense, but it is one that needs to be factored into your business expenses because not having it will cost you more in the end. If you don’t have insurance and something goes wrong on a client’s site or with your advertising and you face a lawsuit, you could lose your entire business and worse.
How Can I Get Roofers Insurance?
You can shop around between different insurance companies to compare for prices and different policies. This will definitely cost you lots of time and energy. However, Roofers Insurance is easy to get with ContractorsLiability.com. Once you enter for a quote, we will shop around for the best insurance to meet your needs and your budget. Our service is fast and we will get a quote back to you within the same business day. Click here to get a Roofers Insurance quote.