Most General Liability policies for roofers carry the normal limits of one million per occurrence and two million aggregate. If your roofing company is doing any commercial roofing or very high end homes, we highly suggest that your company look at adding a CA umbrella policy over your current Orange County, CA General Liability policy. As a Roofing Contractor, you are well aware that without adequate insurance coverage, your company could be liable for huge losses out of pocket should a claim result in finding your company liable. Having a Roofing General Liability Insurance Policy will help to protect you from losses. In addition, it is to your benefit to also carry the required proper workers’ compensation insurance to protect your employees.
By procuring an Orange County, CA commercial general liability insurance, the policy can provide you with protection should your business have a claim of property damage or bodily injury that may occur during the course of your work. In the event a claim has been filed against you, your insurance carrier will investigate the claim and provide legal defense for the claim against your company. Having an Orange County, CA Roofing General Liability insurance for those costs will help you navigate through the claim’s process.
In the pricing of Roofers General Liability Insurance policies, there are many factors to consider in determining the final premium. Some carriers base their premium on the basis of your company’s total payroll, and other carriers base their premiums on gross receipts. We suggest it makes prudent business sense to obtain a quote from both insurance companies and compare them to see which carrier would be a better fit for your company.
Another factor that will weigh in as to what the premium will be is what type of roofing your company is doing, i.e.,whether your roofing company does residential and/or commercial roofing and what percentage you do of each. Additional factors considered are whether or not your roofing company does torch-down application, hot mop application, foam roofing, flat roofs, apartments, new custom homes, or tract housing, to name a few.