Liability insurance coverage is a plan that protects contractors if a client or employee makes a legal claim against their business.

Resolving a legal claim requires a significant amount of money at once, and if you’re like many contractors, you budget your funds to cover immediate needs like materials and payroll first. Paying to defend yourself in court, repair damages, or cover medical bills just may not be in the cards. Rather than risk scrambling for funds, your business should obtain a liability insurance policy.

Liability insurance carriers exchange financial support for a premium. You’ll pay a modest amount for your carrier to cover legal fees or damage expenses in the event of a covered claim.

If you’re a roofing or siding contractor, a liability insurance plan can protect you and your business in three key ways:

• Protection for property damage: Your plan can cover costs arising from property damage due to incidents like falling debris and equipment malfunctions.
• Protection for medical expenses: Bodily injuries can happen despite your most diligent safety efforts, but a liability insurance plan can cover medical bills so you don’t have to. Workers’ compensation is not a part of our coverage.
• Protection for quality disputes: Some clients may claim that you completed the job incorrectly or didn’t complete it at all. Liability insurance can help you make your case clear.

Liability management is relevant to any home improvement contractor. For example, the high-elevation tasks involved in replacing a roof could cause something to fall on someone or something at the property. Additionally, clients contracting you for any service could attempt a shallow quality claim against your business that you may not have the resources to dispute. At XINSURANCE, we secure liability insurance plans for these and similar business owners:

• General contractors
• Roofing contractors
• Siding contractors
• Carpenters
• Painters
• Flooring installers
• Fencing contractors

XINSURANCE is a leading liability insurance brokerage for home improvement contractors of all varieties. We connect you to all-in-one policies that provide comprehensive liability coverage. To us, there’s no risk too big or too small. As one of our policyholders, you’ll experience premier customer service during every process from underwriting to claim management.