North Dakota Roofing Insurance Coverage
You’ve put countless hours of hard work into building a roofing business you can be proud of. But if you’re still uninsured, you could easily lose that business as a result of an unexpected lawsuit or claim.
Roofing involves a good bit of risk, and going without insurance can threaten your livelihood. Fortunately, getting the right insurance policy is a painless, straightforward process when you work with Affordable Contractors Insurance.
How Does Roofers Insurance in North Dakota Work?
A general liability insurance policy is the most important insurance policy you can get as a roofer. This type of insurance works much like car insurance does. If you cause an accident and damage another person’s car, your car insurance pays for it. If you have no insurance, you may be required to pay out of pocket.
In the roofing industry, having liability insurance can save you from a number of expenses:
- Repair expenses if you damage a client’s property
- Medical expenses if a non-employee is injured as a result of your work
- Attorney fees and other court costs in the event of a lawsuit
- Any compensation you may be ordered to give as the result of a lawsuit
If you have no insurance, you may be required to pay these expenses out of your own pocket. As you might have guessed, these costs can quickly become exorbitant. In many cases, they can be enough to bankrupt your business (or put a significant financial strain on it).
Going without residential or commercial roofing insurance in North Dakota doesn’t put just your business at risk. It also poses a risk to your customers. If you begin work on a customer’s property without insurance and are injured on that property, the customer can be held liable.
How Can Insurance Protect Your Employees?
You may have noticed that liability insurance doesn’t cover any injuries to you and your employees. If you’re selecting a North Dakota roofing contractors insurance policy, it’s best to also get a workers’ compensation policy if you have at least one employee.
Your workers are your greatest asset. And because roofing is one of the most hazardous construction jobs, your workers face substantial risk each time they step onto a job site. Workers’ compensation insurance will pay for medical expenses if an employee is hurt on the job. This insurance also covers lost wages while the injured worker recuperates.
How Can ACI Help You?
We know both the roofing and insurance industries, so we’re uniquely equipped to help you find the right policy for your business. We offer several types of roofing insurance, including the following:
- New construction
- Existing construction
- Residential roofing
- Commercial roofing
- Open roof coverage
When you contact us for a quote, we’ll begin by asking you a few key details about your business and what type of coverage you need. Then we’ll get to work designing a North Dakota policy that fits your business perfectly. You can get complete, custom coverage for as little as 20% down!
