b'Steep Slopeproject was complete. Two months after completion,Because of this, an installation floater is essential.heavy wind and rain expose leaks and loose tiles onCommercial Autothe roof. The leaks create significant water damageSimilar to a personal auto insurance policy, a commercial within the home. The client sues your business forauto policy protects your business if you or an employee damages due to poor installation. causes damage or injury to a third party during an auto In each one of these instances, your commercial generalaccident (while driving a business vehicle or while liability policy would be the first policy to react to thedriving for business purposes), and can also protect resulting claim. the physical damage of your owned vehicles as well. For roofing contractors that utilize subcontractors,Workers Compensationmake sure that your CGL policy does not includeWorkers Compensation Insurance provides funds for any exclusions for damage to work performed bymedical expenses and lost wages for injured employees. subcontractors. This exclusion is typically listed asNearly all states require workers compensation to CG2094 within insurance policies and states that Thisbe held by an employer for individuals defined as insurance does not apply to:l. Damage To Your Workemployees. Property damage to your work arising out of it or any part of it and included in the products-completedOne grey area that comes with workers compensation operations hazard. With subcontractor agreementswouldbeindividualsthatareconsidered1099 in place with insurance requirements and contractsubcontractors. Although all states may be different, language helping transfer risk away from you onto yourdocumenting proof of workers compensation elsewhere subs, (additional insured, primary and non-contributory,from your subs and also adding language within your waiver of subrogation etc.) one may think that thissubcontractor agreement requiring these individuals endorsement would be negligible. However, what ifcarry their own workers compensation policies, including your subcontractors policy denies aAD HERE as an additional insured and provide claim? What ifyour company your subcontractors insurance limits are exhausted in awaiver of subrogation language as well, may help keep large claim or lawsuit? In either of these situations, youryour companys workers compensation costs down, insurance policy would be the next in line to make thewhile transferring risk away from your business if a third-party whole. If there is an exclusion for damagesub is injured as well.caused by the work of subcontractors, your policy mayIn Conclusionnot provide coverage and your business could be atEvery roofing business is different, and because of risk of paying out of pocket. Because of this, you needthat, each insurance policy/program needs to be built to make sure to review your policys exclusions. to match your specific needs. Company and project Inland Marine (Equipment Coverage) size may result in a higher umbrella liability limit than Inland Marine Coverage protects equipment that leavesa smaller company. Some companies involved in your office or premise, and typically is stored or useddesign work may require additional professional liability at job sites. This insurance would extend to equipmentcoverages. That being said, considering the coverages such as leister guns, roofing hoists, employee tools,outlined above should help provide a strong foundation etc. and the equipment would be protected regardlessto your companys complete insurance program. of where they are. Example: You own a roofing hoist that is temporarilyThe DeHayes Group was founded in 1982 as a commercial stored at a job site. A fire on the job site, unrelated toproperty and casualty insurance agency with three employees. your roofing work, breaks out and destroys your hoist. Organic growth, acquisitions and development of new product lines enabled The DeHayes Group to become the largest Be sure to include installation floater coverage onlocally owned insurance agency in Northeast Indiana. We your inland marine policy as well. Installation floaterare pleased to offer commercial property and casualty, insurance protects property before or during installation.group benefits, personal lines, senior benefits, wellness and For roofing contractors, this could cover constructionfinancial services. materials or supplies you are transporting or installingPH: 260-424-5600info@dehayes.comfor clients. Whether a storm comes through and damages roofing materials at a job site, or overnight roofing tiles or other materials being installed are stolen, there are a variety of exposures that come into play for property at jobsites. www.mrca.orgMidwest Roofer 25'