Many types of cover could be beneficial to your roofing company. A consultation with an insurance professional is the best way to learn what you need. Here are four of the most helpful kinds of insurance cover for roofing contractors.

1. Contract Works Cover – It is vital to help you avoid any unpleasant surprises due to things you cannot control. That is why we suggest a contract works policy. You can purchase a policy that will cover you on multiple jobs for a full year, or you can opt to buy a policy for an individual job.
2. Vehicle Insurance – A roofer will not accomplish much without a way to move ladders, shingles, and equipment from site to site. A policy to make sure you can keep rolling is crucial.
3. Illness and Injury Cover – Should you become ill or hurt and are not able to work, an illness and injury policy will help keep you financially sound until you can get back on the job. The cover this policy provides includes accidents, injuries, and sicknesses that happen when you are not at work.
4. Insurance on Tools, Stock, and Equipment – The costs of replacing items such as these can be astronomical. With a policy to cover these business essentials, you will not need to worry about these costs should you experience a loss. The policy will payout for losses that occur while in transit, due to a covered event, or if your property was inside a locked vehicle before it vanished.

In addition to the policies that specifically address your needs as a roofing contractor, there are several useful types of cover that are general business insurance policies.

• Worker’s Compensation – Mandated in all Australian states and territories, Worker’s Compensation will pay if a worker is hurt while he or she is on the job.
• Comprehensive Business Insurance – This policy will protect you in the event of an unforeseen event like vandalism, theft, or specified weather disasters cause a loss for you.
• Public Liability Insurance – Compensates the wronged party if your actions cause damage to them or their property.

To learn more about insurance for roofing contractors and other ways we can assist you with your business, please feel free to contact Tradies365.

*Please Note* The material presented here is for informational use only. It is not legally binding insurance advice and is not a substitute for a consultation with an insurance professional.