Looking for Minnesota Roofers Insurance Coverage?
When you’re working as an uninsured roofer, your business is just one mishap away from disaster. But when you have the right coverage, you gain peace of mind knowing that your finances and reputation are protected.
Finding the right coverage doesn’t have to be a headache. At Affordable Contractors Insurance, we’ve helped thousands of contractors like you find thorough coverage that fits their budgets.
Why Is Minnesota Roofing Contractors Insurance So Important?
Running any type of business exposes you to risk. Fortunately, the right insurance coverage can help mitigate that risk. When you’re looking at insuring your roofing business, there are plenty of types of commercial or residential roofing insurance in Minnesota to consider:
- General Liability: Pays damages and other associated costs if you injure a third party, damage a client’s property, or libel a competitor through advertising
- Commercial Auto: Protects your company if a work vehicle injures someone or causes damage; also pays if your work vehicle is damaged
- Workers’ Compensation: Pays for medical costs and other expenses if an employee is injured at work
- Tools/Equipment: Pays to repair or replace tools or equipment in the event of damage or loss
- Professional Liability: Covers you if you perform faulty or incomplete work
- Materials: Covers any of your materials while they are in transit
At the very least, most roofers choose to have general liability and workers’ compensation insurance. But since you can often add on other types of insurance for a lower price, it can pay off to expand your coverage.
If you aren’t sure which types of insurance to get, Affordable Contractors Insurance can help you decide.
The Dangers of Being Underinsured
When shopping for residential or commercial roofing insurance in Minnesota, some contractors fall into the trap of thinking that insurance premiums are the only things that matter. But the truth is, having cheaper insurance can be almost as bad as being uninsured.
For instance, imagine that you’ve chosen the cheapest insurance you could find, and your policy has a $100,000 limit. If a customer files a lawsuit against you and you’re ordered to pay that customer $200,000, your policy will only pay $100,000 of that total. You’ll have to come up with the other $100,000 on your own.
Often, there isn’t much of a price difference between a policy with a low limit and a policy with a much higher one. When you work with us, we’ll find you a policy that offers thorough coverage for a fair price.
Find Peace of Mind with ACI
If you’re not sure how to go about looking for Minnesota roofers insurance coverage, ACI can help. We do the work of comparing rates for you.
All you need to do is tell us about your business, and we’ll offer you a customized policy that has everything you need and nothing you don’t.
If you’re ready to see how we can help you, contact us today for a free quote.
