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How’s this for the understatement of the century: Roofers and their employees are exposed to a lot of risks. From the potential for falls to increased risk of property damage, you need insurance that protects your business.
At Simply Business, we’re here to help with that. Our roofing insurance policies are customized to protect your business from accidents, property damage, and more.
Plus, we make it easy to get covered in under 10 minutes. Compare multiple free quotes from top insurers, pick your favorite policy, and relax — your roofing business is insured.
Ready to get covered?
“Roofing insurance” is actually a general term to describe a bundle of policies that typically provide comprehensive protection for roofers and their employees.
Every roofing contractor is unique, but there are some insurance policies every roofer needs to stay protected, considering that it’s a high-risk line of work. Take a look at what those insurance policies are, including a few reasons why you need them.
General liability insurance (GL) — also referred to as roofing liability insurance — covers you and your roofing business against third-party property damage or accidents, as well as the costs of a resulting lawsuit. Additionally, GL insurance can cover some of the costs of your roofing tools and equipment if damaged on the job.
OK, that was a mouthful. What exactly does all of that mean?
Let’s say your employees cover a customer’s roof with a tarp before a big overnight storm. During the rainstorm, water leaked into the homeowner’s bedroom, causing thousands of dollars in water damage and furniture replacement costs.
Without GL insurance, you’d end up footing the entire bill — but with this insurance coverage, you’re likely to be covered. Your plan may cover the costs associated with the claim - including legal fees along the way - up to your coverage limits, so you would only pay your deductible.
Property damage bills can add up. In some cases, they can be catastrophic, potentially putting your roofing business right out of, well, business. In fact, did you know that the average claim for property damage for small businesses is $30,000.
Even if you think you or your employees won’t make mistakes, you don’t know if a customer might sue you. For example, if a customer sues you for property damage you didn’t cause, you’d still have to hire a lawyer to defend you. And with an estimated 43% of small business owners reporting being threatened with or involved in a civil lawsuit, there’s a good chance it could happen to you.
Fortunately, roofing liability insurance can come in handy by paying for the costs of your lawyer, as well as any claims you may be ordered to pay.
To recap, here’s what your general liability insurance can cover:
General liability insurance usually does not cover:
If an employee gets sick or injured while working for you, workers compensation — also known as employer liability insurance — can pay for some of the costs associated with those medical bills.
Most states require roofing businesses to carry this policy when they hire their first employee, so you may want to add it to your coverage when you start hiring.
Here’s how workers compensation insurance works: If an employee gets injured on the job, this coverage can pay for medical costs and part of lost wages (up to your policy limit). Carrying workers compensation can give you peace of mind, as having it may prevent an employee from suing your business for most workplace injury claims.
Workers compensation insurance for roofing contractors can cover:
We understand that it’s important to protect your budget, especially as a small business owner. So maybe you’re planning on putting off buying roofing contractors insurance, or you just don’t think you need it at all.
Here’s the thing, though — as a roofer, you and your employees are highly vulnerable to property damage claims and accidents that could ruin your business if you don’t have proper insurance protection.
For example, if you get sued over property damage to a customer’s roof — even if you know you didn’t cause that damage — you still have to hire a lawyer to defend you. That could cost a lot of money, all which would probably come out of your own finances if you didn’t have roofer insurance.
Additionally, your state likely requires you to carry insurance in order to get your contractor’s license. It’s often illegal to work as a roofing contractor without a license, so having a roofing liability insurance policy is critical to being on the right side of the law (learn more about how to get a contractor’s license in your state).
All in all, having business insurance means you can:
Pay for costs and claims from third-party property damages and accidents (up to your coverage limits).
Help you get more customers, as it shows you take your business — and safety — seriously.
Assist in hiring and retaining experienced roofing employees.
Keep you on the right side of the law, as many states require some form of roofing contractor insurance.
Give you peace of mind, knowing that you probably won’t have to pay for most damages out of your own pocket (or your family’s).
Good news: when you get your roofing insurance policy through Simply Business, we’ll provide you with a certificate of insurance (COI) so you can apply to get your license or show customers you have coverage.
The answer to this question largely depends on the state where you live, as well as the various locations where you work as a roofer. However, even if you’re not required to have roofing liability insurance in your state, there are several reasons you should carry it:
You can typically deduct the cost of your business insurance premiums, as they are considered a business expense by the IRS. However, we’re not tax experts, so we recommend talking to an accountant about your business’s tax deductions.
Every roofing contractor has different requirements, which is why we help you find policies based on:
Our quote form helps us determine your recommended amounts of coverage from top insurers. If you have more questions or want to chat with one of our licensed insurance agents, we’re here to help!
If you’re shopping for a roofing insurance quote, you probably don’t want to spend a lot of time going through a quote form. To speed you through the process and get your quotes in under 10 minutes, be sure to have the following information at hand:
Yes, insurance requirements for roofers can differ from state to state. Each state may require different insurance policies in order to be a licensed contractor. We can cut through the confusion by providing you with recommended roofing liability insurance options based on where you operate.
Roofing insurance covers the most common risks you face as a roofing professional. While you can customize your policy to fit your unique needs, your roofing insurance may cover:
Property damage. Let’s say you slip off a ladder while coming down from a customer’s roof. You catch yourself, but in the process, you accidentally kick your foot through the homeowner’s bedroom window. Roofing insurance can cover the cost to replace that broken window, as well as any other property damage you or your employees may cause.
Accidents. If during the process of shingling a customer’s roof, a few shingles fall and hit the homeowner’s dog, your policy can pay for some or all of any resulting vet bills. (You’ll have to buy the dog treats on your own, though.)
Reputational damage. Let’s say your employee badmouths a customer on Facebook and that customer finds out about the post. If your customer sues for slander or reputational damage, your roofers liability insurance may be able to cover any resulting legal bills and damages.
While roofing insurance costs vary from business to business, you can get a good estimate for what you may pay based on:
Want to find out how much your roofing insurance may cost? Click here to answer a few questions so we can help you learn how much you can expect to pay for your roofing contractors insurance.
If you perform services other than roofing, our licensed agents can help you find the right insurance coverage that can protect you during all of your work.
Simply Business is an online insurance brokerage that makes it easy for roofing contractors like you to compare and get a business policy from the nation’s most trusted insurers.
We’re also one of the fastest-growing online providers of insurance for small business owners, meaning thousands of customers trust us to protect their growing businesses.
So why choose Simply Business?
We’re fast and affordable. You have better things to focus on, like expanding your roofing business. Our policies are fast, affordable, and ready when you are.
We’re flexible with coverage. Whether you need increased coverage because you bought new equipment or a COI, we’re here to help.
We get your business. Forget one-size-fits-all insurance. Get the protection your roofing business needs, when you need it the most.
You’ve worked hard to build your roofing business’s legacy. That’s why we offer the best coverage to protect it.
This content is intended to be used for informational purposes only. It is not intended to provide legal, tax, accounting, investment, or any other form of professional advice.
*Harborway Insurance policies are underwritten by Spinnaker Insurance Company and reinsured by Munich Re, an A+ (Superior) rated insurance carrier by AM Best. Harborway Insurance is a brand name of Harborway Insurance Agency, LLC, a licensed insurance producer in all 50 states and the District of Columbia. California license #6004217.