What Insurance Should Your Roofing Contractor Have?
When hiring a roofing contractor, it’s crucial to ensure they are not only skilled and reliable but also properly insured. The right insurance coverage protects both the homeowner and the contractor from various risks associated with roofing projects. Here’s what you should look for:
1. General Liability Insurance: This is the cornerstone of a roofing contractor’s insurance portfolio. General liability insurance covers property damage and bodily injuries that might occur during the roofing project. For instance, if a contractor accidentally causes damage to your property or a neighbor’s property, this insurance will cover the repair costs. Similarly, if someone is injured as a result of the contractor’s work, the policy will help cover medical expenses. An in-depth look at general liability insurance can be found in this informative article about liability Insurance
2. Workers’ Compensation Insurance: Roofing is a high-risk job, and workers’ compensation insurance is essential. This coverage provides benefits to employees who get injured or fall ill as a result of their job. It covers medical treatment, disability benefits, and a portion of lost wages. In the tragic event of a fatality, it can also provide death benefits to the worker’s family. Homeowners should verify this coverage to avoid being held liable for any injuries that occur on their property. A detailed explanation of workers’ compensation can be found here
3. Commercial Auto Insurance: If the roofing contractor uses vehicles for transportation of materials, tools, or employees, commercial auto insurance is a must. This insurance covers any damage or injuries resulting from vehicle accidents during the course of work. It’s important because personal auto policies often exclude business use. Understanding the importance of commercial auto insurance is crucial, and you can read more about it in this comprehensive guide (https://www.irmi.com/articles/expert-commentary/commercial-auto-insurance).
Apart from these primary coverages, it’s also wise to inquire if the contractor has **Professional Liability Insurance** (in case of errors or negligence in their service) and **Umbrella Insurance** for additional liability coverage beyond the basic policies.
Always ask for proof of insurance from your roofing contractor and consider contacting the insurance company to confirm the validity of the policy. This extra step ensures that you are fully protected throughout the roofing process.
Remember, a well-insured contractor is not just a preference but a necessity for the safety and security of your roofing project. For more information on roofing and insurance, visit roofinginsurance.com