Insurance for Roofers

What is roofing contractor insurance?

Roofers and roofing contractors are essential to Australia’s construction and home maintenance industries. Your work helps keep people safe from the elements, even while you risk them yourself.

Accidentally damaging a client’s property, damage to your tools, and other everyday workplace risks could potentially leave your roofing business in the gutter. Business insurance designed to meet the needs of roofers and roofing contractors can give you peace of mind as you help others keep a roof over their heads.

Why do roofers need insurance?

Roofing contractors work in a risky field, but there’s more to that risk than just working at heights. Third parties can come to you for compensation after a simple accident or mistake in your work. Their complaints might even result in an expensive claim or lawsuit if the damage is bad enough.

Other parts of your business might also be at risk from fire, storms, and other wild weather. And you may be worried about theft, vandalism, and other damage caused by bad actors.

That’s where roofing contractor insurance might come in handy. Roofing insurance helps shield your bank accounts by paying for insured events so that you don’t have to.

Insurance types for roofers and roofing contractors

There are many forms of roofing insurance available to roofing contractors. Depending on your business set-up and needs, you might consider these and other policies:

Public Liability*

Public Liability insurance is a popular policy with businesses in every industry. This covers legal fees and compensation costs if a customer, supplier, or member of the public makes a claim against you for injury or damage to their property resulting from your alleged negligent business activity.

A Public Liability policy may be mandatory before you can begin roofing work. Many clients require roofing contractors to have their own policy if they are working on their building. It may be required by other contractors that you are sub-contracting for. You may also need to show proof of Public Liability insurance to lease commercial warehouse or office space.

Business Insurance*

A lot can go wrong when you’re running a roofing business. Business Insurance is a convenient way to help protect yourself against various risks in one go. These roofing contractor insurance packages can be customised to your business needs, including cover for things like:

Building*

Building Insurance covers loss and damage to buildings you own as a result of an insured event (such as storm, wind, fire, or malicious activity). This is one way to help protect the buildings you do business from against events ranging from wild weather to vandalism.

Contents*

Contents Insurance covers you for damage to your contents, stock and due to fire and other perils listed within the policy wording. These policies can help you safeguard some of the items you store in your warehouse space or office. That includes things like business records, furniture, and stock.

Portable Equipment*

Portable Equipment insurance (or general property) insurance can cover specified items such as tools, business equipment or electronic items, or unspecified items of lower value. What’s a roofer without their tools? This type of policy can protect your roofing tools, as well as other essential equipment like your laptop or smartphone.