Liability insurance typically varies based on a number of factors specific to your business. The premium a company pays depends on its risk factors. Contacting insurers directly to receive a quote, or searching for liability insurers online would be the best way to find the premium your specific business would expect to pay.
A roofing contractor should have liability insurance and workers' compensation insurance to protect their business and employees. This type of insurance, known as roofing contractor insurance, helps cover costs related to property damage, injuries, and legal claims that may arise during roofing projects.
No, Your homeowners Insurance does not provide coverage hired workers. A contractor is responsible for his own insurance policy or workman's compensation to cover injuries to himself and his employees. A contractor is not your employee and therefore not your responsibility, he is self employed.
Traditionally the contractor provides the Insurance. The owner verifies that the contractor has insurance prior to hiring that contractor.
You would need to buy a commercial auto policy.
The only answer one can give on this is 'it depends'. Usually it is more expensive than homeowners insurace, but less than workers compensation or liability insurance on a roofing contractor.
The job of a insurance contractor is to find you the best deal possible for your insurance needs. This could be anything from motorcycle to mobile home insurance.
Liability of individuals, corporations, or partnerships for accidents caused by people other than employees for whose acts or omissions the corporations or partnerships are responsible. This particular situation may arise when an independent contractor is hired. The business can be held liable for negligent acts of the contractor to the extent that its representatives give directions or exercise control over the contractor's employees.
Starting a small business is very expensive but you want to offer health insurance to your employees. You can also offer dental and eye-care insurance.
You should hire a licensed contractor. He should already have liability insurance and workmen's comp for his employees. If you do not hire a properly licensed contractor, all the liability for anything tha might go wrong falls on you. If your insurance company discovers that you hired an unlicensed contractor, they could, and probably will, deny payment on any claims you may file. Tread cautiously!
An insured contractor is a contractor who carries a Commercial General Liability Insurance Policy.
To verify if a contractor lied about their insurance coverage, you can request to see their insurance certificate directly from the insurance provider listed on the certificate. You can also contact the insurance provider to confirm the contractor's coverage and ensure it is valid and up to date.
Ask the contractor for a copy.