Revolutionize Profit with Roofing Contractors’ Insurance Secrets
Real-World Examples and Statistics
According to the Occupational Safety and Health Administration (OSHA), falls are the leading cause of fatalities in the construction industry, accounting for 33% of all construction-related deaths2. This statistic underscores the importance of having adequate insurance coverage to protect against such risks. Companies with comprehensive insurance are better equipped to handle these incidents without facing financial ruin.
In terms of cost, the average annual premium for general liability insurance for roofing contractors ranges from $500 to $1,500, depending on the size and scope of the business3. While this might seem like a significant expense, the protection it offers against potential lawsuits and claims is invaluable.