3 Reasons To Assess Your Roofers Insurance during Coronavirus Lockdown

A global quarantine is giving people the chance to think about things they usually wouldn’t.  For you, it’s the ideal time to assess your Roofers Insurance. Roofing remains one of the most dangerous jobs in the construction industry. The U.S. Bureau of Labor Statistics reported 29.9 deaths per 100,000 full-time workers in its latest census data. The potential of human, as well as monetary loss is high for roofers. In this article, we will look at 3 reasons to assess your Roofers Insurance to help protect your business.

Spread Your Risk With Roofers Insurance 

Many of your clients are aware of the risks associated with roofing. And will demand Roofer Liability Insurance before letting you work for them. However, not all Roofing Insurance is created equally. Contractors are quick to include General Liability Insurance and Workers Compensation in their insurance plan. But when you assess your Roofers Insurance, you can do much more to truly lessen your risk.

The industry experts at Builder’s Risk are here to help you do just that. Even while you’re working from home during quarantine. We will help you use the abundant time now available due to COVID-19, to your advantage.

How To Assess Your Roofers Insurance

1. Do you have enough coverage?

Most Roofing Insurance plans cover:

• Bodily injury
• Damage to someone else’s property
• Medical payments
• Personal and advertising injury
• Damage to premises rented to you

But, what if your roofing equipment is stolen? Or the property under construction gets damaged? This is where Builder’s Risk Insurance becomes an important part of your plan when you assess your Roofers Insurance. Builder’s Risk can also include protection for labor costs, materials and tools during construction. To help your business survive and thrive in the face of continuous hazards, add Builder’s Risk to your Roofers Insurance.

• Are you paying too much?

Fluctuations in the replacement value of your insured items is one of the most overlooked things by contractors. Get the most out of your insurance plan. Choose a good policy at the start, but also reassess it regularly. Ever-changing market forces mean that the value of your specialized equipment and materials keeps fluctuating, while your policy remains the same. This leaves you to make up for potential shortfalls yourself. And this adversely affects your finances. You can easily avoid such a situation. Assess your Roofers Insurance now, and check if you are getting the best prices for your insured items.

• Are you getting the best advice?

During quarantine, it is business as usual for the knowledgeable experts here at Builder’s Risk.  We use our 20 years of industry experience to personalize insurance coverage for your unique business needs.  Our first-class customer service and best rates guarantee have not changed during this unprecedented time.

Protect Against Potential Risk Today

It is time to use the lockdown to secure your business’s future. Insure your business and protect your roofing projects against all potential risks. Start by taking the time to assess your Roofers Insurance with the help of trusted agents at Builder’s Risk. Just give us a call, 887 960 0221.