Is Builder’s Risk for Roofing Contractors?

Who benefits most from Builder’s Risk Insurance? Is Builder’s Risk for Roofing Contractors or is this coverage more for general contractors, plumbers or electricians?

It’s difficult to know which way to turn when it comes to insurance. You probably already have General Liability Insurance and Workers Compensation. Do you need another policy added to your insurance program. Will the cost even be worth it?

Builder’s Risk or Roofer Insurance?

Your Roofer Insurance is the liability coverage that you have to have.  This insurance will cover third-party personal injury claims, property damage, and bodily injury. Whether you’re working on a large-scale construction or minor renovation project, your business could go out of business if you have to pay a big insurance claim against you. 

What is Builder’s Risk Insurance?

Builder’s Risk Coverage insures a building undergoing renovation or construction work. Take a look at what your Builder’s Risk Policy could cover:

• Lost Or Stolen Materials Onsite.
• Materials during Transportation.
• Damage to the Property or Building.
• Scaffolding and Other Temporary Structures.
• Labor Costs

Should you get Builder’s Risk Insurance?

Your Roofers Insurance is great for protection your business against third-party claims, but it has serious limitations.  For example, Builder’s Risk Insurance covers temporary structures like scaffolding and any damage caused by it. Also, if your materials are stolen from the job site, they will be covered.

What would you do if your materials were stolen halfway through the project? You would have to pay to replace those missing materials before you could continue with the project.

Be a Smarter Roofer

You have Contractor Insurance Coverage in place, along with Workers Comp and Liability, but, what about Builder’s Risk?  It’s about being smart and having full coverage. Insuring against theft, vandalism and labor costs isn’t a waste of money. Your Builder’s Risk for Roofing Contractors could be one of the best investments you’ll ever make.

Is Builder’s Risk for Roofing Contractors? Yes!

How do you add Builder’s Risk Coverage to your insurance program? How much will it cost? Can you get cheap Builder’s Risk? All these questions can be answered by our experienced insurance agents. Give us a call on (877) 960-0221 for a free quote.