New York Roofing Contractors Insurance
If you’ve been in the roofing industry for a while, you know that accidents can happen when you least expect them. And whether those accidents happen to people or property, the ensuing costs can add up fast. In some cases, a single incident can wipe out your company’s bank account.
Insurance insulates you from that financial impact. But to make sure your business is completely protected, you need the right policy. At Affordable Contractors Insurance, we can help you find it.
How Does New York Roofers Insurance Coverage Protect My Business?
Depending on how comprehensive your policy is, New York roofing contractors insurance can protect virtually every aspect of your business. Here are a few different types of insurance and how they can shield you from losses:
- General Liability Insurance: Covers you if you injure someone (not an employee), damage a customer’s property, or produce libelous advertising
- Commercial Auto Insurance: Covers your liability if your work vehicle causes injury or property damage; also covers work vehicles if they are damaged
- Workers’ Compensation Insurance: Covers medical costs (and sometimes revenue loss) for employees injured on the job
- Pollution Insurance: Covers you if a third party claims that you have violated environmental protection laws
- Errors and Omissions Insurance: Covers you if your work is faulty or not completed correctly
- Cyber Insurance: Covers your liability if customer information is leaked from your database
- Tools and Equipment Insurance: Covers your tools if they are damaged, lost, or stolen
- Inland Marine Insurance: Covers any materials that are in transit
Most roofers choose general liability insurance and workers’ compensation insurance at a minimum. If you’re having trouble deciding which types of insurance coverage you want to add to your policy, reach out to us — we’re happy to help.
Do I Need Different Insurance for Residential vs. Commercial Properties?
Commercial roofing insurance in New York is a little different from residential insurance. One of the most important differences is that commercial building owners often want your insurance to have a policy limit of $2 million or more before hiring you.
Why? Namely, the potential for losses is much greater for a commercial building. If you damage the building, the owners and employees will lose revenue. Depending on the nature of the business, the property owners may have other insurance requirements for anyone working on the property.
Residential roofing insurance in New York tends to be less complex and often has a lower policy limit. However, if you want to keep your business as protected as possible, it isn’t a bad idea to choose a higher policy limit.
Let Us Help You Get Insured
The right insurance can effectively save your business if an unfortunate event occurs. Given that, you don’t want to leave insurance to just anyone.
At ACI, we offer an edge that few insurance companies can: We only work with roofers and general contractors, so our agents know the industry.
We also do the work of researching rates and policies for you so that we can get you the best deals possible.
If you’re ready to get the right policy for the right rate, contact us today for a free quote.
