Finding the Right Ohio Roofing Contractors Insurance
People will always need roofs built, repaired, and replaced. So if you’re a roofer and do your job well, you’re likely to have a steady flow of business.
That said, when things go wrong in this industry, they have the potential to be financially devastating to your company. You can manage that risk by finding a thorough insurance policy to protect your business. And when you get that policy through Affordable Contractors Insurance, it doesn’t have to be exorbitant.
Ohio Roofing Contractors Insurance: the Essentials
Whether you’re getting commercial or residential roofing insurance in Ohio, there are two main types you should get: general liability insurance and workers’ compensation insurance.
These types cover two potentially expensive situations: causing damage or personal injury to a third party or having a worker get injured on the job. When you’re insured, your insurance covers medical bills, legal fees, and settlements. When you aren’t insured, you must pay for everything yourself.
These types of insurance are also great marketing tools. Homeowners and business owners aren’t likely to hire you if you’re uninsured. Doing so puts them at risk.
For example, if you’re injured while working on their property, you can file a claim against their insurance. And if you cause substantial property damage, you may not be able to pay for complete repairs.
If you can show potential clients proof of insurance, you’re showing them that you’re responsible and committed to your line of work.
Other Types of Ohio Roofers Insurance Coverage to Consider
If you want to protect your business (and attract new customers), workers’ compensation insurance and general liability insurance are must-haves. But there are a few other policy types you might consider. Here are some of them:
- Umbrella: Extends your existing policy to cover more types of damage
- Excess: Covers the remainder of a claim if damages exceed your policy limits
- Builders Risk: Covers buildings under construction in the event of a fire, wind damage, vandalism, or other similar scenarios
- Business Interruption: Offers financial support if your business temporarily loses the ability to earn income (only in certain situations)
Excess and umbrella policies can be helpful add-ons to commercial roofing insurance in Ohio. Many owners of commercial buildings have strict insurance requirements that contractors must adhere to in order to work on their property. These policies let you update an existing policy instead of getting an entirely new one.
Still, deciding what policy to get or what add-ons you need can be a challenge. Our expert agents can help you choose the right policy for you for as little as 20% down.
Need Help Choosing a Policy?
The world of insurance can be overwhelming, but you don’t have to navigate it alone. When you work with Affordable Contractors Insurance, you’re choosing a team of all-star agents who understand the roofing industry and the insurance industry.
We can help you design the perfect policy — for a much lower price than the competition. If you want to see what we can do for you, contact us for a free quote.
