FLORIDA/TEXAS—For most roofing contractors, summer through fall may be the busiest time of year business wise, mostly because these months provide some of the best times to replace roofs. The weather is consistently warm enough to allow the proper functioning of all tools and materials, making installations more or less uninterrupted.
That is true especially for roofers in Florida and Texas, however, many customers seeking some money saving would opt to wait until late in the winter or spring to yield lower prices or off-season discounts. Which ever your case may be, it is important to keep your business well covered with roofing liability insurance. Just think about it, a fall from a ladder or a lawsuit from a homeowner could bankrupt your small roofing company.
As a roofer, your first concern may be worker safety, but you also face many other risks such as protecting your customers and their property. Sometimes even by-passers may put you at risk.
Roofing liability insurance
Roofing liability insurance protects roofers from many accidents, including third-party injuries and property damage. The most common coverage for roofers is general liability, which could minimize your business’ out-of-pocket costs after an accident.
General Liability Protection for Roofing Contractors
- Property damage: Commercial roofing contractor insurance could protect your company if falling debris damages a homeowner’s property.
- Medical expenses: General liability covers customer or third-party injuries caused by stray tools or falling shingles.
- Products completed operations: This coverage could protect your company if a roofing project is completed incorrectly or doesn’t address the customer’s concerns.
In addition to General Liability Insurance there are several other insurance options to consider for your specific type of business:
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TYPE OF INSURANCE
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BEST FOR
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Workers Compensation
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Customer bodily injuries
Liability coverage for leaks in a new roof
Libel and other advertising injuries
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Commercial Auto Insurance
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Legal fees from an auto accident
Medical bills in the event of an accident
Vehicle theft and vandalism
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Contractor’s tools and equipment insurance
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Equipment less than five years old
Equipment that travels to job sites
Small tools
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Professional Liability Insurance
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Accusations of negligence
Failure to finish a project on time
Undelivered services
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Surety Bonds
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Project delays
Loss of key staff
Failure to obtain materials
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Getting the right coverage is key. You may usually get general liability coverage through the excess and surplus lines (E&S) market, which serves high-risk professions. E&S carriers follow different regulations than standard insurance companies, which gives them more freedom when writing policies. This freedom means they can cover new businesses or hazardous professions that standard insurers will not protect.
At Garzor Insurance we care about your business. Our experienced professionals are dedicated to providing commercial insurance in Florida as well as Texas, and now many other states across the U.S. If you also have questions about truck or other commercial vehicles insurance, or any other business insurance aspects, please do not hesitate to visit us online at Garzor Insurance, or you may want to call us directly at (321) 206-8035.
Leidy Arango
Licensed Insurance Agent
