roofing contractors insurance Colorado

If you’re a roofing expert, you need to be aware of the main types of insurance that you’ll have to look for. In the event that someone is injured as a result of your workers’ actions, or that you get a property damage claim after an accident or a mistake made by one of your roofing technicians, you have to make sure that your roofing contractors insurance Colorado plan can help you out. Without it, you might be looking at having to cover some hefty costs for medical bills or to repair any property damage.

In most cases, roofers are typically required to use general liability and professional liability insurance to their advantage. Both of these are essentially the same in the sense that they are designed to protect against business liabilities. However, that’s just the tip of the proverbial iceberg.

Despite being generally similar, both general and professional liability have their own unique benefits and qualities. General liability will provide you with protection against lawsuits pertaining to problems that resulted directly from your involvement. For instance, if you fixed someone’s roof and it broke just a few days later, you could end up having to pay for any property damages that might have resulted as well.

Professional liability is somewhat more indirect, and is typically associated with the advice you give. If someone injured themselves as a result of following your professional advice, you’ll need professional liability insurance to protect you from the impending lawsuit.