Secret to Affordable Roofing Insurance for Contractors Revealed
Real-World Examples and Financial Context
According to the National Roofing Contractors Association, the average cost of general liability insurance for roofing contractors ranges from $500 to $1,500 annually, depending on the size of the business and the level of coverage1. By actively managing risk and shopping around, contractors can significantly reduce these costs.
For instance, a small roofing company in Texas managed to save 20% on their annual insurance costs by implementing a robust safety training program and switching to a provider that offered a discount for their improved safety record2.