by Marie King
Roofing insurance is one of the building blocks of your business because through your general liability and workers’ compensation it protects your roofers and your company. Besides that, affordable roofing insurance can help you fulfill one of the requirements you need to meet to be a licensed roofing contractor. That is to have roofing insurance. In an article recently written on licensing, the Small Business Association stated:
“Business liability (general liability insurance) is required in every state, and worker’s compensation is required in some states. The roofing industry is a dangerous profession, and roofing insurance will help protect you, your company, employees and customers.”
Your affordable roofing insurance agent will assist you in getting this coverage.
Angie’s List advises her clients to only hire roofers who have workers’ compensation and general liability coverage, roofing insurance, for the following reasons:
“Roofing contractors should have workmans’ compensation and liability insurance to protect the homeowner in the event of an accident. Workers’ compensation protects the homeowner if a roofing company’s employee gets injured, and liability protects you from damage caused by the roofers during repair or replacement.” It could also be added that general liability pays for injuries to homeowners when incurred because of roofing work.
Angie further states, “without workmans’ compensation insurance, the homeowner may be responsible for medical bills and other costs associated with the injury. Your homeowners’ insurance may not cover these types of accidents, so you will be personally responsible for the costs.”
Angie’s advice highlights one more reason why you need affordable roofing insurance. First, you need roofing insurance in the form of workers’ compensation to protect your workers. Second, you need roofing insurance to safeguard your business with general liability coverage. Third, you need roofing insurance to meet licensing requirements. Fourth, you need roofing insurance because Internet advisors are telling their clients to only hire roofers who are insured.