For those who would like to lower their roofing contractor insurance quote, there are several options available including:

• Increase your deductible
• Be extra careful, and keep safety in mind
• Avoid making claims on small losses to keep your claims history clean
• Maintain your tools and equipment
• Take steps to avoid having your stuff stolen or damaged

Roofing contractors insurance is a form of business insurance coverage that protects people in the roofing industry from financial hardship caused by the wide range of risks involved in the roofing industry. For example, the material you are using at a job is blown off the roof by extreme wind, causing damage to a neighbour’s pool, for which they hold you responsible. It's also possible that you accidentally cause property damage to your clients' homes, and you are held responsible. Perhaps your company vehicle gets damaged in a collision, and you can't afford to replace or repair it yourself. Roofing contractor insurance gives you peace of mind that even if an incident like this were to happen, you can continue serving your customers without it financially crippling you.

Anyone who owns their own independent roofing business in Ontario will benefit from the coverage provided by roofing contractor insurance. If you work for a roofing company, you are protected under their roofing contractor insurance. Independent roofers will need their own insurance to protect themselves from the wide range of risk exposures that roofers are face daily.

In Ontario, roofing contractors are not legally required to have insurance to operate their business. However, many customers and industry stakeholders expect roofing contractors to have the proper insurance coverage and will require proof of insurance before starting the job.

Although roofers insurance is not a legal requirement, it is crucial coverage to have. Roofing contractors face several risks performing their daily work, so it is crucial coverage to protect your roofing business. Without the proper roofing contractors insurance coverage, you will be forced to pay for any losses out of pocket which can cost thousands of dollars or more.

Roofers insurance does not automatically cover any subcontractors. Some insurance policies may allow you to add subcontractors as an additional insured. However, it is typically recommended that any subcontractors receive their own insurance policy. For further information, contact an insurance broker who will help determine if subcontractors can be added to your roofers insurance quote.

Once you have purchased a roofers insurance policy, your Morison broker can provide a certificate of insurance which you can then share with clients or industry stakeholders to prove you have the proper insurance coverage.