Public Liability Insurance Sky High for Roofing Subbies – Have Your Say

THE COST OF insurance of all types for roofing professionals has skyrocketed in recent years, including for public liability insurance.

Earlier this year the Construction Leadership Council (CLC) did a survey on the costs and availability of professional indemnity (PI) insurance in the construction industry.

It found that construction professionals are being priced out of obtaining adequate insurance with almost a fifth paying more than 5% of their annual revenue for insurance.

Getting insured to begin with is also a challenge, with fewer insurers able to offer cover to roofers and imposing more and more restrictive conditions on the policies available

Public Liability Insurance for Roofing Subbies

For roofing subcontractors needing to obtain Public Liability insurance cover to go on site, there are two main risk types that increase the costs significantly – hot works and work at height.

Now, the insurance industry is working with specialist roofing community, Master Roofers UK look at developing a solution which will make it easier to buy insurance, get the right advice and provide peace of mind.

It will focus on being more cost effective, appropriate for the level of risk and encourage safety by rewarding training and risk management.

Roofing Today has been asked to conduct some reader research to find out what insurance arrangements roofing subbies currently have in place.

To help develop this new roofing-specific insurance please take 2 minutes to answer five simple questions: