Why Contractor Liability Insurance is Important for Roofers

Roofers need contractor liability insurance as the nature of the work is dangerous. You wouldn’t want to let any of your workers start on a job without the proper safety gear and equipment, so you should never start a job without contractor liability insurance. Not having liability insurance can put you in great risk of a financial disaster. If you think that purchasing contractor liability insurance will cost you too much money, think about how much it will cost you if you are sued. Being sued after an accident may cost tens of thousands of dollars and you risk losing both personal and business assets. You may even be forced to close your business if it is a major lawsuit.

Don’t take the risk of working on a project without insurance

If you decide to start a project without insurance you will be financially liable if something goes wrong. For instance, if you or one of your workers hurts someone at your work site or a member of the public you could be liable for their medical expenses. Also if there is damage to the home or the homeowner’s property by you or one of your workers you can be liable.

There are many other situations that could put you at risk

There are several other situations that could put you at financial risk including damage to the homeowner’s landscaping, roof damage or damage to the interior of the house due to roof leaks, damage to a roof that was worsened by natural disasters, and any type of faulty workmanship on the roof. The cost for a contractor liability premium is far less than having to pay out of pocket for any of the potential mishaps that could happen during a roofing project, and costs for can easily exceed tens of thousands of dollars depending on the situation.

Talk to a contractor liability insurance expert for more information

A contractor liability insurance expert will be able to give you the best advice on the type of coverage that you need and the coverage that you might be able to do business without. The experts at Insurance for Roofing Contractors can give you detailed information on the types of contractor liability insurance that may work best for you. Get a quote now for quality contractor liability insurance and find out more information about the different coverage options available to you so you can continue to operate your business safely.

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