Roofing Insurance in New Hampshire

Also providing roofing insurance to residents in Massachusetts, Maine, Rhode Island, & Vermont.

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What is roofing insurance?

Working on roofs comes with inherent risk, and falling off a roof is far from the only one. Auto accidents, job-site theft, and basic accidents around a worksite are just a few examples of the many other risks that roofers are exposed to. Roofing insurance may help roofers in New Hampshire protect themselves from many risks such as these.

Roofing insurance is tailor-made for roofing contractors. Policies typically come with multiple liability and property coverages, which get bundled together and may be customized.

Who in New Hampshire does roofers insurance make sense for?

Most roofing contractors in New Hampshire should have solid roofers insurance. It’s broadly recommended for residential roofers, commercial roofers, and contractors who do metal, tile or slate roofs.

Operating without insurance not only leaves roofing contractors gravely exposed to potential financial risk, but it also could eliminate them from consideration for some jobs. Some customers, often ones with commercial or major residential jobs, will only hire roofers who have insurance in place.

If insurance is needed for a specific job and not in place, an agent specializing in roofers insurance can likely find roofers a solid policy in one or a few days.

What protections should roofing contractors look for when getting insurance?

Because roofing contractors are exposed to multiple risks, most roofers policies come with multiple coverage options. A few common and frequently important ones are:

• Commercial Property Coverage: Normally covers any facility owned by a roofing contractor, as well as roofing equipment, tools and materials stored at the facility.
• Inland Marine Coverage: Normally covers roofing equipment, tools and materials when they’re taken to and from job sites.
• Loss of Income Coverage: Normally covers certain periods of lost revenue following certain events that force work to cease.
• Commercial Vehicle Coverage: Normally covers commercially registered vans or trucks owned by a roofing contractor.
• General Liability Coverage: Normally covers common accidents that result in property damage or injury to customers, usually covering accidents at facilities or worksites.
• Professional Liability Coverage: Normally covers the improper installation of roofing materials, when it leads to property damage or injury.
• Product Liability Coverage: Normally covers faulty roofing materials, including shingles and other materials, that cause property damage or injury.
• Umbrella Liability Coverage: Normally covers large lawsuits that surpass the limits of another liability coverage.

What does “uninsured subcontractor endorsement” mean?

An “uninsured subcontractor endorsement” is an add-on to a roofers insurance policy. It may provide additional protection if a hired subcontractor’s actions result in a lawsuit against the roofer who hired them. 

This might be helpful anytime roofers hire subcontractors for jobs, whether as a one-off job or on a regular basis. A knowledgeable insurance agent can help roofers who use subcontractors decide whether they should this endorsement onto their insurance policy.

Do roofing contractors need to purchase bonds?

Bonds may provide reassurance to a customer that a job will be completed, or at least that the customer will be compensated if the work isn’t completed as agreed. 

Some customers with commercial projects may want roofers to have a bond, but these are usually only used for major jobs. Standard residential roofs and even smaller commercial ones are frequently done without a bond. 

If a bond is needed for a specific job, a knowledgeable insurance agent can assist with getting one.

Do roofing contractors need to purchase workers compensation insurance?

Workers compensation normally protects against job site accidents resulting in injury, which is a distinct risk when working on roofs. New Hampshire state law generally requires businesses that hire employees to carry this coverage.

This, roofers who have employees generally should plan on getting workers compensation insurance. Coverage isn’t necessarily needed for subcontractors. 

When it’s purchased, workers compensation might be obtained as part of, or apart from, a roofers insurance policy.

Where can roofers find roofing insurance?

For help with roofing insurance, contact the independent insurance agents at Insurance24. Our New Hampshire agents will help you determine what coverages and endorsements your business needs, and then find the best policy that meets those coverage needs.