What is Roofing Insurance?
Working on a roof comes with some inherent risk of injury, and injuries are just some of the risks that roofing businesses face. Roofing insurance can help Vermont roofers financially protect themselves from certain injury-, liability- and property-related risks that they’re exposed to.
Roofing insurance policies are specialized commercial policies that have been uniquely crafted to meet the needs of roofing businesses. In order to meet multiple risk mitigation needs, these policies typically come as package policies that have several coverages within them.
What Businesses in Vermont Need a Roofers Insurance Policy?
The vast majority of Vermont businesses that provide roof repair or installation work can benefit from having a roofers insurance policy. These businesses may include (but aren’t necessarily limited to) the following:
- Residential roofers
- Commercial roofers
- Metal roofing specialists
- Slate roofing specialists
- Tile roofing specialists
Additionally, these businesses normally should have insurance regardless of how their legal structure is set up or how big they are. Sole proprietors, LLCs and other corporate structures may provide some legal protections, but those protections are largely different from the protections that insurance offers. Also, businesses can face lawsuits and sustain losses no matter how large or small they may be.