Roofing Contractors Insurance Philadelphia

Searching for Roofing Contractors Insurance in Philadelphia?

Humphries Insurance has well-versed agents who are ready to help you get the coverage you need!

Call us today at 215-646-5633 or click on roofing insurance Philadelphia to begin your quote.

Roofing Contractors Insurance PhiladelphiaRoofing Insurance in Philadelphia – Ways to Keep Safe!

Roofing is considered one of the most dangerous professions. There are a lot of risks involved, primarily of bodily harm. Accidents can be common, but there are some simple steps to help keep you safe while on the job.

Make sure you don’t work alone. It’s important to have an extra set of hands around to help with equipment and if there is an accident someone can call for help.

Your ladder should be in good condition and on a level surface. You can also attach a ladder to the roof for an added safety railing.

If the roof is wet or slippery avoid walking on it. A good quality pair of boots with excellent traction and support is important to keep your balance and comfort while working.

Wear the appropriate safety gear, such as a well-grounded harness, safety glasses, and hardhats.

Finally, it’s important to clean up as you work. Stray nails or shingles can become a tripping hazard.

Roofers Insurance Philadelphia – Buy Coverage from Day One!

Alfred Lorraine owns a roofing company, Lorraine’s Roofing. When he started he didn’t have the money to pay for insurance so he did his best to be very careful while working. It was a slow start but he enjoyed working with his hands out in the fresh air and sun.

A few years go by and word of Alfred’s skill has helped him become a well-known name in roofing. His business is really gaining momentum. Alfred is able to hire a few more workers to help him, and he begins to think about getting insurance mainly because customers are asking for it.

He purchases a Philadelphia roofing contractors insurance policy from a local agency on April 1st.

A few weeks later Alfred receives a notice in the mail that he’s being sued! One of his previous customers is claiming that the roofing repairs Alfred had completed on his home caused a leak in the attic leading to extensive water damage and black mold.

The customer states in his lawsuit that Alfred incorrectly installed a downspout that led to the water leak. The client is suing Alfred for $50,000 in damages.

Alfred is worried and relieved at the same time.  Worried because he’s never been sued before and he prides himself in his workmanship but relieved because he had the foresight to recently purchase a contractors insurance policy to cover claims like this.

Seven days later Alfred receives a claim denial from his insurance company because he was not covered by the existing policy at the time that the job was completed.

Alfred learned a hard lesson as he needed to file bankruptcy and close his company because he could not pay the $50,000 judgment assessed against him.

For the best protection, Alfred should have purchased roofing contractors insurance before he first began to repair and replace roofs.

Roofing Contractors Insurance Philadelphia – Call Us Today!

At Humphries Insurance our skilled agents are ready to help you get the right coverage for a price you can afford.

Call us at 215-646-5633 or click on roofing contractors insurance Pennsylvania to begin your quote today.

We proudly service the following areas:

  • Philadelphia Roofing Contractors Insurance
  • Pittsburgh roofing insurance
  • Roofing Insurance Allentown
  • Roofing Insurance Erie
  • Reading PA Roofing Insurance
  • Scranton Roofing Insurance

 

Workers Compensation Insurance Philadelphia

Looking for Better Rates on Worker’s Compensation Insurance in Philadelphia?

Call Humphries Insurance at 215-646-5633. We can help you find the workers compensation coverage you need for your business.

As a leading independent insurance agency we have the ability to shop the market for the best rates available on Workers Compensation Insurance in Philadelphia for your company no matter if you are a small or large business.

Workers Compensation Insurance PhiladelphiaWhy Choose Us for Philadelphia Worker’s Compensation Insurance?

We can help you find better options!

Companies selling workers compensation insurance direct or through captive agents can’t offer coverage through multiple companies as is true of our company.

For this reason you can trust Humphries Insurance to find better alternatives for your business as we represent top rated and highly competitive workers compensation insurance companies in Philadelphia.

Why Should I Shop My Philadelphia Workers Comp Insurance?

Rate can differ significantly between workers compensation insurance companies in Philadelphia.  For instance one company may be paying $10,000 per year for the workers compensation insurance while another company is only paying $7000 per year!

Why can there be such a large difference in premiums between companies?

There are a number of reasons why rates fluctuate between companies.  One of the principal reasons is based on claims activity.

Example of How Philadelphia Workers Compensation Insurance Companies Set Pricing.

Let’s assume a certain insurance company wishes to offer Worker’s Compensation insurance to a certain niche of construction workers, for instance workers Compensation insurance for roofing contractors as an example.

Prior to insurance companies opening up a different line of business they will typically analyze their competition and price their business insurance packages lower to gain market share.

Let’s assume the ABC Insurance Group prices their workers compensation insurance for roofers in Philadelphia at a 30% price modification.

This tactic proves to be very effective and roofing contractors from all over the state of Pennsylvania begin to buy insurance with this company because the rates are very good.

Later claims begin to be filed with the ABC Insurance Group at a rate significantly more than projected by the insurance company and because of this they need to raise prices by 50% just to break even!

While it’s true there are a number of other factors that influence the prices of workers compensation insurance, claims paid by insurance companies is the principal factor in determining Philadelphia workers compensation pricing!

Some Insurers are more aggressive in pricing and do not experience heavy claims activity while other companies have more claims than anticipated and must take aggressive rate action to avoid financial downgrades.

For this reason worker’s comp rates can differ from company to company by a significant amount.

Choose Humphries Insurance When You Need Philadelphia Workers Compensation Insurance.

Call us today at 215-646-5633 for better alternatives on Pennsylvania workers compensation insurance.

We can insure any type of company, big or small!

Philadelphia Business Insurance.

If you’re looking for business insurance in Philadelphia look no further!  Contact the business insurance specialist at Humphries Insurance by calling 215-646-5633. 

Philadelphia Business InsuranceWe offer business insurance for a wide variety of different companies and pricing starts as low as $275 for the year! 

Need coverage today? 

Call us before 12 o’clock Monday through Friday and one of our licensed business insurance representatives will be happy to help you. 

Business Owners Insurance Philadelphia, One Call or Click Away! 

Business insurance can be complicated and it’s important to work with an agency that represents a large number of insurance carriers that can meet your commercial insurance needs. 

Please note a few different types of specific business insurance programs we offer in Pennsylvania: 

Business Insurance Philadelphia – Why It’s Important to Pick the Right Coverage? 

Picking the right coverage is one of the most important decisions you’ll ever make when shopping for business insurance in Philadelphia. 

Why? 

And uncovered claim could lead to a significant out-of-pocket expense for the business or the owner which could regrettably include closure of the business. 

Example: Tony Sims owns a family lumber yard that was founded in 1917 by his great grandfather Joseph Sims. 

Their company specializes in providing material for the building industry and they offer free delivery.

One of Tony’s employees named Jonathan is making a delivery to a home builder on the north side of town. He receives a text message from his mother that his father had been rushed to the hospital because of a possible heart attack. 

Jonathan was obviously very upset over this message and accidentally ran a red light running into a car driven by Janet Hicks. 

This accident resulted in the death of Janet. Janet’s husband filed a multimillion dollar lawsuit against Sims lumberyard that resulted in a $5 million judgment. 

Unable to pay for the judgment Sims lumberyard was forced into bankruptcy and the company was liquidated. 

Sims lumberyard had purchased a $1 million auto liability policy but declined purchasing an additional $5 million umbrella policy offered to them just six months before the accident by their insurance agent. 

This insurance mistake made by Sims lumberyard was not purchasing enough liability protection. 

Call Us Today When You Need Business Insurance in Philadelphia! 

As a leading independent insurance agency in Philadelphia we can help your company find the coverage you need. 

Call us today at 215-646-5633 to speak with one of our commercial lines specialist when you’re shopping for Philadelphia Business Insurance.

  • Car Insurance

    A common mistake made by insurance shoppers is assuming coverage is identical between insurance companies.

    You might have the same limits of liability and deductibles with two different insurance companies, yet the claims results can be completely different.

    That's why it's important to work with our insurance team. We will help you put together an insurance plan to meet your individual needs.

    Call us today at 215-646-5633 or use our convenient online rate quote system when you click on instant quotes for car or home insurance!

  • Home Insurance

    Do you know the difference between the HO3 and HO5 Policy Form?

    The difference in coverage between the two policy forms might mean the difference between a claim being covered or denied on your personal property!

    The HO5 is a superior policy yet the majority of home insurance policies sold today is the HO3!

    Call us today at 215-646-5633 or use our convenient online rate quote system when you click on instant quotes for home insurance to learn why the HO5 is better!!

  • Business Insurance

    There are a variety of different types of business insurance policies available for companies.

    From General Liability, Business Property Coverage, Commercial Auto, Workers Compensation Insurance, Employers Liability Insurance, Professional Liability Insurance, Commercial Crime Coverage, Inland Marine Coverage, Cyber Liability Insurance, and many more.

    We at Humphries Insurance can help you choose the coverage most appropriate for your company.

    Call us today at 215-646-5633.