Over 95% of roofers have no insurance in the Dallas / Fort Worth area. Everyone hopes and assumes nothing will go wrong in our property or home. When something goes wrong, the homeowner or the business curses themselves for not hiring a company with insurance.
Furthermore, those who do cover themselves with insurance do not cover the workers. In fact, from a practical perspective this is the most important part of the insurance. After all they will be doing all the work. A roofing company in order to be safe must cover its workers with either insurance for its roofers. DFW Best Roofing insurers not only the company but its workers.
Physical harm to a person at your place of business, or an injury caused by your employee at a client's site.
Completed Operations/Products Liability
Losses after your business has completed work for a customer (such as repairing appliances or installing wiring), or from distributing products.
Damage to the reputation or rights of a person or business due to slander, libel, copyright infringement, invasion or privacy, false arrest, wrongful eviction, etc.
Losses caused by your advertising (spoken or written); for example, an ad that trashes a competitor.
Pays the medical expenses of a person injured on your premises (a customer, client, visitor, or even a trespasser) up to a stated amount, regardless of fault — as a goodwill gesture to prevent lawsuits.
Independent Contractors Liability
Damage from the acts of an independent contractor hired by your business.
For Roofing Contractors the above insurance coverages are usually sufficient.
For GENERAL CONTRACTORS , the one coverage typically NOT INCLUDED , but perhaps the MOST IMPORTANT is the following.
Injuries to Sub Contractors Liability CoverageANYTIME A ROOFING COMPANY HAS SOMEONE OUTSIDE ITS PAYROLL, LETS SAY HANDYMAN, OR SOMEONE FOR A REPAIR DO SOMETHING AND THEY DO NOT HAVE HAVE A SUB CONTRACTORS INSURANCE, IT MAY LEAD TO ISSUES IF ANYTHING WERE TO HAPPEN.
Damages Covered General Liability Insurance Policy will pay three types of damages:
Financial losses of the claimant, plus additional monetary losses resulting from the claim.
For intangible losses ("pain and suffering.” “mental anguish,” etc.)
Penalties against your business for committing a wrongful act.