What would you do if your roofer was shingling your roof and accidentally fell, fracturing their ankle? Most Wisconsin homeowners would expect their home insurance policy to cover the cost of damages but it probably won’t. In fact, your contractor should have insurance to protect against work accidents. But if you hired a roofer who doesn’t carry proper insurance coverage, you could be left to pay for any damages out-of-pocket!
Not only would you be out a roofer in this type of situation but you could then be found responsible for their medical bills and eventually need to hire someone else to finish their job. Luckily, this is one frightening home maintenance scenario that can be avoided. Keep reading to learn more about the importance of hiring contractors who are properly insured.
Who Needs Contractor’s Insurance Coverage?
Anytime you hire someone to complete renovation work or maintenance on your property, they should have insurance. This means that everyone from your local HVAC technician to the plumber, roofing contractors, electricians, landscapers and painters all need to prove that they have the proper insurance policies in place before they start work. You wouldn’t let someone who is uninsured perform a medical procedure on you, so why would you let an uninsured contractor take on your next big home renovation project?
Every contractor that you hire should at least carry basic general liability insurance. With this standard insurance policy, your contractors can rest easy knowing that they have protection against on the job injuries and any accidents that may result in property damage. This means that if one of their employees slips and falls off of the roof, you won’t be left to pick up the pieces. As a homeowner, you should also keep in mind that the more specialized services a contractor offers, typically the more insurance they’ll need to operate their business safely.
Some additional coverage options that your contractors may need include:
- Workers’ Compensation (Required in the state of Wisconsin for most companies that have employees.)
- Commercial Auto Insurance
- Equipment and Tool Coverage
- Builder’s Risk Insurance
- Installation Coverage
How to Verify Your Contractor Has Insurance
The first step in hiring a reputable contractor is never just to assume that they have insurance coverage. As you start your search for the right team to tackle the job, make sure that checking for insurance is very high on your list of priorities. Make it clear that you are serious about insurance and never take someone’s word when it comes down to proving that they have the proper insurance policy in place.
Instead, you can very easily verify that each contractor you work with has coverage by requesting to see a Certificate of Insurance. But your investigative skills won’t stop there. Once you’ve got the certificate in hand, you’ll need to verify that the policy is up-to-date with the insurance provider listed on the document. To do this, simply reach out to the insurance company by phone or online and provide them with the details.
Protect Your Home and Assets with Comprehensive Insurance Protection
As a homeowner, you are ultimately responsible for making sure that each contractor you hire is reputable and has the right level of insurance protection in place before they begin working on your property. Would you like to learn more about the benefits of investing in a comprehensive home policy? Call 920-674-4944 or contact us at Stauffer-Klug Insurance Agency, Inc. online for more information and be sure to request a free quote today.