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Procuring proper insurance estimates for artisan contractors in general is never easy. Due to their touchy nature roofing contractors are not less hard to cover.


First Vital Coverage – Roofers Workers Compensation Insurance


Workers Compensation for Roofers. This coverage is mandatory by law for all wage paying establishments. Workers compensation will cover all W-2 personnel and any 1099 “independent contractor” that does not have workers compensation inforce policies. Due to that Wholesale New York Jets Jerseys , all compensation disbursed to staff and independent contractors will be counted in the final audit of the workers compensation, unless payees confirm they had workers compensation elsewhere. In that case, the artisan contractor will not be answerable for any extra premium to protect those who presently have workers compensation coverage.


Roofing is one of the classes of artisan contractors that has special needs. The risky nature of the business, exposure to high morale and moral risks Wholesale Jets Jerseys , and degree of potential damages that can happen from improper workmanship make covering roofers somewhat more complicated than other families of artisan contractors.


Common Elements With Other Subcontractors. Similar to all other Contractors roofing contractors need to have certain commercial general liability coverage to cover them for any property damage or bodily injury which their functions may produce to others. It should be noted that damages to the roofing materials or any other hardware that are meant to be entirely part of the assembly, during the installation process is not insured by the contractors commercial general liability. Installation Floater is a coverage that covers the installing artisan contractor against damages to roofing substances, instruments, apparatus Cheap New York Jets Jerseys , equipment, and other fixtures which will become permanent parts of an assembly. Property is insured while in transit, in storage facility awaiting installation, at the jobsite Cheap Jets Jerseys , or in the course of the actual installation process.


Based on the size of the contractors and machinery used, roofers may need building coverage if they own the building where they are situated, business personal property and inland marine coverage to cover their offices furnishing and or installation equipment and tools. They also may require commercial auto insurance for their automobiles and trucks, if they own and use vehicles in the business.


Some roofers may elect to get an contractors umbrella insurance policy either because of their large exposure or to meet certain legal contractual obligations. An umbrella policy will provide extra liability coverage above and beyond what’s provided by the underlining policies- commercial general liability Joe Namath Jets Jersey , auto liability, and workers compensation.


Rating and Acceptability: rating and eligibility of roofers depend on several factors including the following:


Roofing Contractor Size: This is possibly the number 1 criterion for all contractors. Operations size is assessed by total annual receipt wages of the contractor activities. Larger size contractors pay more insurance premium money. Payments made to other subcontractors will be incorporated unless the other contractors posses same insurance with certificate of insurance presented. This is applicable to both commercial general liability and workers compensation where annual cost payroll are vital factors that determine rating and eligibility. If subcontractors are utilized, insurance companies want to know the length of time certificates of insurance are kept (if possible three years or more), type of subcontract work performed (ie Waterproofing ArDarius Stewart Jets Jersey , Siding, Hot tar, Rain Gutters, Carpentry Marcus Maye Jets Jersey , Insulation, etc.)


Insurance Amounts. Roofers pay more for larger amounts of insurance. This is pretty much normal with all insurance