Roofing Contractor Insurance

If you’re an insurance producer looking to write more business and provide insurance solutions to your roofing clients, then Prime Insurance Company is the partner for you. As an excess and surplus lines insurance company, Prime can write roofing and contracting insurance with confidence.

TYPES OF ROOFING INSURANCE

Most of your roofing clients will need commercial general liability insurance suited to their specific needs. Prime Insurance Company works hard to understand each of our policyholders’ risks and exposures, so your clients will get the coverage they require.

As an insurance producer, there are many things you’ll want your client to be insured for, including:

• Property damage: Property protection is a key aspect of the roofing business, even if it seems secondary to the direct services of roof construction or roof repair. Your client could be found liable for not adequately tarping or protecting the area in or around their work, especially if damage occurs due to exposure to the elements and weather. Hot tar and high-risk applications like gravel roofing have unique dangers associated with them due to the high heat and risk of fire as well.
• Roofing equipment: Your roofing contractor client also needs to make sure their equipment is covered and insured. This applies whether they own them or are leasing them. This applies to inland marine insurance as well; they should be insured in case anything happens to their equipment while they’re transporting them from one place to another. Their trucks and vehicles should be insured as well.
• Advertising injury: Advertising that is blatant or barely concealed slander of a competitor (or of anyone) could harm the other’s business or reputation. Please note that this is available for an additional premium.
• General business liability: Your client’s business should also be protected as a whole. If they need to cease operations for a while, they should want to be prepared for that. Also, because they are acting as an artisan contractor with technical knowledge, they may be subject to claims of errors and omissions in the event any mistakes should occur.

Whether your client focuses on initial roof construction, re-roofing, or both, they can put their mind at ease knowing their residential or commercial roofing work is protected. Roofing insurance helps your contractor policyholders work without worry and can help you write more business.

WHY ROOFING CONTRACTOR INSURANCE MATTERS

The costs of a roofing-related lawsuit can be devastating for contractors. Good roofing insurance will defray those costs so your clients can continue with the work they love.

In Missouri, the state itself sued a housing contractor alleging a pattern of taking money for repair projects, not doing the work, and not refunding customers. One case involved $8,345 for roof installation, which was not performed. There is a similar issue in Pennsylvania, with the attorney general’s office filing suit against roofing contractors alleging fraud. And in Dayton, a roofing contractor was sentenced to prison and ordered to pay over $25,000 after failing to repair damage. A civil lawsuit followed.

In many cases, smaller clients and private homeowners are looking simply for proof of insurance. They want that additional security of knowing that their home and property are covered in the event of a problem or accident. Offering them proof of insurance and being knowledgeable about their concerns is not only a sound business practice, it’s great customer service.

WORKING WITH PRIME INSURANCE COMPANY FOR ROOFING INSURANCE

Prime Insurance Company is dedicated to providing the right coverage at the right time. We understand that not every risk or exposure is clear, but we seek to uncover those underwriting concerns. With our extensive industry experience and excellent risk management practices, we can mitigate risks and help businesses move toward further success.

To see the Prime Insurance Company difference first-hand, apply for a quote online