Roofers Insurance Indianapolis

Looking for Great Rates on Roofers Insurance in Indianapolis?

IRoofers Insurance Indianapolisf you are a contractor looking for better rates on roofing insurance in Indianapolis, or any location in Indiana, Michigan, Ohio, or Kentucky you have found the right website!

Call 1-800-998-0662 and speak with the insurance professionals at Pathway Insurance.

We offer great rates and protection on roofers insurance in Indiana, Ohio, Michigan, and Kentucky.

You Should Be Aware There Are Two Types of Roofing General Liability Insurance Policies.

As you’re shopping for roofers insurance in Indiana you need to be aware there might be two different types of insurance policies you can purchase:

  1. Claims Made Policies
  2. Occurrence Policies

Claims Made Insurance Policies.

Claims made insurance policies are typically less expensive compared to occurrence policies. A claims made insurance policy only extends protection while the policy is in force and the claim incident must occur during the policy period.

For example you are covered by a claims made policy issued by XYZ insurance company starting on April 1, 1999 until you retire from the roofing business on July 15, 2013.  Because you no longer see the need for continuing your commercial insurance you cancel the policy.

On November 23, 2013 you are served with a lawsuit from an incident in which you damaged property while performing your duties as a roofing contractor.

At the time you did not see the need to submit a claim because your client didn’t seem to believe the damage was extensive.  However later your client discovered significant damage and decided to file a lawsuit against you to recoup his damages.

You submit a claim to your insurance company and they promptly deny your claim stating that your policy is no longer in force and therefore covered would not extend for this incident.

A judgment of $27,512 is assessed against you and you are required to pay this judgment amount out-of-pocket.

Occurrence Insurance Policies

Occurrence insurance policies are not restricted based on whether or not the policy is in force when the claim is made.

The occurrence insurance policy extends protection to your business from covered incidents that occur during the policy period regardless of when the claim is filed.

This is how the occurrence policy is superior to the claims made policy: In the cited example above the lawsuit filed against the roofing contractor would not be automatically denied, after proper investigation if the insurance company determines that coverage would apply the judgment of $27,512 will be fully paid by the insurance company minus any deductible the contractor may have had on his policy.

Choose Your Insurance Protection Wisely as You’re Shopping for Roofers Insurance in Indianapolis!

The claims made roofing insurance policy is better priced, but it can leave you unprotected for claims or lawsuits filed against you as soon as your roofing insurance policy is canceled.

In some cases optional extended reporting period coverage may be purchased.  Call our office for details.

Contact Pathway Insurance for Roofers Insurance in Indianapolis.

As a leading independent agency we can help you find the protection you need when shopping for insurance for roofers in Indianapolis Indiana.

Call 1-800-998-0662 to speak with one of our licensed agents today.

Contractors insurance also available in the following areas:

  • Roofers Insurance Fort Wayne Indiana
  • Roofers Insurance Evansville Indiana
  • South Bend Indiana Roofers Insurance
  • Carmel Indiana Roofing Insurance
  • Fishers Indiana Roofers Insurance
  • Roofers Insurance Bloomington Indiana
  • Hammond Indiana Roofers Insurance
  • Gary Indiana Roofing Contractors Insurance
  • Muncie Indiana Roofers Insurance
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Roofing Contractors Insurance Indiana

Need Indiana Roofing Contractors Insurance with a Low down Payment?

Man Installing Bitumen Roof ShinglesWhen you’re shopping for roofing contractors insurance in Indiana, Michigan, Ohio, Kentucky, Tennessee, Georgia, or Florida call the roofing insurance specialists at 1-800-998-0662.

Pathway Insurance provides Indiana roofing contractors insurance with low rates and down payments.

Click on Indiana Roofing Contractors Insurance to submit your information to us online. 

Why Is Indiana Roofing Contractors Insurance Difficult to Find?

If you have looked around already or perhaps called the insurance agent taking care of your car or homeowners insurance you have probably discovered that most agents or companies do not offer roofing contractors insurance.

Why is that?

It’s principally because of claims and retention. The roofing business is a cyclical business.

Roofers are busy during the spring, summer time, and fall but not so much in the winter when it’s difficult to tear off or shingle homes.

Insurance underwriting departments do not like gaps or lapses in insurance protection even if they would have no obligation or duty to cover claims that may arise from previous acts.

Claims for roofers can be severe. For instance if a roofing crew does not properly tie down tarps securing a home there working on from water damage, and a storm passes by, the insurance company could be facing a significant payout for water damage.

It’s also good idea to keep in mind that some insurance companies have excluded coverage for open roofs for this very reason.

If you buy a Indiana roofing contractors insurance policy make sure you understand whether or not open roofs are covered by your general liability policy. 

What Type of Indiana Roofing Insurance Should You Buy?

In a series of articles we will discuss common types of coverage that you should consider purchasing as a roofer.

In addition we will discuss the most common types of coverage required by companies you may subcontract for.  We will also discuss the difference between a certificate of insurance, and an additional insured.

If you hire subcontractors we will discuss coverage you should absolutely without fail make your subcontractors purchase. 

We Can Help You Find the Best Options for Roofing Insurance in Indiana.

As a leading independent insurance agency serving the needs of the Midwest and Southeast we represent companies that specialize in providing Indiana roofing contractors insurance.

Why not call us today at 1-800-998-0662 when you need a contractor’s insurance policy.

Need roofing insurance in any other part of Indiana?  See our list below for areas served:

  • Carmel Indiana Roofing Contractors Insurance
  • Roofing Contractors Insurance South Bend Indiana
  • Bloomington Indiana Roofing Contractors Insurance
  • Evansville Indiana roofing contractors Insurance
  • Roofing Contractors Insurance Hammond Indiana
  • Roofing Contractors Insurance Fort Wayne Indiana
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Contractors Insurance Indiana

Best Rates on Contractors Insurance Indiana are One Call or Click Away!

painterIf you are looking for the best options for contractors insurance in Indiana you have found the right Company!

Pathway Insurance Services, Inc. is a leading independent agency specializing in providing contractors insurance in Indiana, Ohio, Michigan, Kentucky, Tennessee, and Georgia.

We offer contractors insurance for any type of business including roofing contractors insurance Indiana.

Call 1-800-998-0662 to speak with our licensed representatives or click on Contractors Insurance Indiana to send your information to us online. 

Indiana Contractors Insurance Rates As Low As $350!

A number of different types of sub-contractors or sole proprietors may qualify for rates as low as $350 for the year.

Some examples that may qualify for the $350 annual premium include handyman, carpentry, interior painting, certain home remodeling contractors, and drywall contractors.

If you are a brand-new startup business you may qualify as well as long as you have not been operating without Indiana contractors insurance.

Naturally there are additional conditions to qualify for the lowest rates.

Call our office at 1-800-998-0662 to see if your business qualifies or click the link below to send your information to us online:

  • Indiana Contractors Insurance

The Right Kind of Indiana Contractors Insurance Coverage is Important.

Keep in mind that the typical Indiana contractors insurance policy will only provide Commercial General Liability Insurance (CGL) coverage to you.

What is Commercial General Liability Insurance?

The Commercial General Liability Policy may extend coverage for property damage, bodily injury, personal and advertising injury and medical payments as long as it is not excluded in the liability section of the general liability insurance policy that you purchase.

What Will General Liability Insurance Not Cover?

Unfortunately it’s a very extensive list of what is not covered by the Commercial General Liability Insurance Policy.

For time sake let’s consider a few areas that some contractors mistakenly believe may be covered by the CGL policy.

  • Any type of business tools or equipment you own or rent and used in your business
  • Material or inventory
  • Coverage for your vehicles
  • Coverage for employee vehicles
  • Coverage for any type of business property
  • Coverage for subcontractors
  • Employee theft or embezzlement
  • Workers compensation insurance
  • Professional liability
  • Cybercrime liability

Keep in mind the list above are only a few areas were coverage would not extend from the Commercial General Liability Insurance Policy.

For instance one painting contractor named Michael had five employees working for his company and he had about $25,000 worth of tools and equipment he had purchased for his painting business that was stored in his garage located at his home.

He and his family went away for the weekend to only discover when they returned that he had been robbed and all of his painting equipment was stolen.

He contacted the agent who handled his liability insurance (not us at the time) only to be told by his previous agent that he only purchased Commercial General Liability Insurance so his claim would be denied since he did not purchase coverage for his tools or business equipment.

The same agent also handled his homeowners insurance and he asked if he could file a claim under the home insurance policy and his former agent advised him that there was a $1500 limitation on business equipment.

His former agent advised him that the best place to insure business equipment is to add a tools coverage endorsement.

Michael was out $25,000 because he mistakenly assumed his Commercial General Liability Insurance Policy also extended coverage for tools and equipment.

We Offer a Coverage Checklist for Indiana Contractors Insurance!

We have developed a coverage checklist that will help you as a contractor to learn if you have gaps in your insurance protection based on your activities.

It’s a very useful tool and it could save you from a costly reimbursed insurance loss.

Why Not Call Us Today to Receive Quotes on Indiana Contractors Insurance?

Call the agents of Pathway Insurance at 1-800-998-0662 to receive a contractor’s quote or click on Indiana Contractors Insurance Quotes to submit your information to us online.

Note the following specialized insurance programs we offer:

  • Roofing Contractors Insurance Indiana
  • Roofing Contractors Insurance Indianapolis
  • Painting Contractors Insurance Indianapolis
  • Insurance for Landscaping Company Indianapolis
  • Business Insurance HVAC Indiana
  • Insurance for Painters Indianapolis
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