How Much To Get Bonded And Insured For A Roofing Business?

If you’re thinking of starting a roofing business, one of the first things you’ll need to do is get bonded and insured. This is an important step not only for your business, but for yourself as well. Here are some tips on how much to get bonded and insured for your business.

What is Bonding and Insurance?

Bonding and insurance are two important components of any roofing business. Without bonding, the roofing contractor could be subject to fines or even jail time if someone is injured on their property as a result of their work. With insurance, the roofing contractor can cover any potential losses that may occur due to negligence or accident.

There are a few factors to consider when deciding how much bonding and insurance coverage to require for your business. The amount of liability you are willing to assume is one factor; another is the size of your customer base and the severity of any potential claims. Generally speaking, contractors with fewer than ten customers per year should not require bonding, while those with more than fifty customers should generally carry at least $100,000 in liability insurance.

How Much Bonding & Insurance is Needed?

If you are considering starting a roofing business, it is important to understand the amount of bonding and insurance that is necessary.

Bonding requirements vary depending on the type of business you are operating, but most businesses will need a surety bond and general liability insurance. A surety bond is typically required for businesses with more than $10 million in annual revenue. General liability insurance protects your business from lawsuits that could result from injuries or loss of property. You should also consider adding property insurance to your policy to protect your assets if something happens to your building or equipment.

To determine the specific bonding and insurance needs for your business, talk to an insurance agent or broker. They can help you calculate the costs and recommend the best coverage for your particular situation.

What to Include in a Roofing Business Bond Agreement

A roofing business bond agreement should include all pertinent details about the company, such as the name, address, principal owner(s), type of business (e.g. residential or commercial), and product/service offered. The agreement should also list assets and liabilities of the business, as well as insurance requirements. The bond amount must be at least 10 percent of projected annual revenue.

What to Include in a Roofing Business Insurance Policy

When starting a roofing business, it is important to protect yourself and your business. A good Roofing Business Insurance Policy can help you do just that. Here are some things to include in your policy:

1. Coverage for Property Damage: This coverage will cover you for any damage to the property that is owned by your company, whether caused by an accident or by someone who deliberately damages your property.

2. Liability Coverage: Your policy should also include liability insurance, which will protect you from financial losses if someone else is found liable for damages caused by the activities of your company.

3. Business Income Protection: In addition to property damage and liability insurance, many policies also offer business income protection, which can help you recover financially if your roofing business suffers a loss of income as a result of an accident or other event. 

4. Emergency Funds: Many policies also provide funds to cover unexpected expenses, such as attorney fees or lost wages due to an accident or interruption in business.

5. Third-Party Claims Assistance: Most policies also include assistance with making claims against third parties who may be responsible for injuries or damage to property caused by the activities of your business.

It is important to research all the options available to you when choosing a Roofing Business Insurance Policy and to compare quotes carefully before committing to any one policy.


When starting a roofing business, it is important to get bonded and insured in order to protect yourself and your customers. A bonded and insured contractor will ensure that all of your materials are of the highest quality and that you are following all applicable safety regulations. Additionally, if something does go wrong, having insurance can help cover any costs involved in repairing or replacing the damaged property. If you’re interested in getting bonded and insured for your roofing business, I recommend contacting one of the many qualified contractors out there. They will be able to provide you with a free consultation so that you can decide if this type of protection is right for you and your business.