Roofers Access Exclusive Crime Insurance Broker Reveal Now
Real-World Examples and Statistics
According to the Association of Certified Fraud Examiners, businesses lose an estimated 5% of their revenue to fraud each year, highlighting the importance of having adequate crime insurance1. Furthermore, a study by Hiscox revealed that small businesses are particularly vulnerable, with 55% experiencing theft or fraud at some point2. These statistics underscore the necessity for roofers to consider crime insurance as a critical component of their risk management strategy.
Cost Considerations
The cost of crime insurance varies depending on several factors, including the size of your business, the number of employees, and the specific risks associated with your operations. On average, small businesses can expect to pay between $500 and $2,000 annually for crime insurance coverage3. While this may seem like an added expense, the potential savings from covered losses far outweigh the premium costs.
As you consider crime insurance for your roofing business, remember that the right policy can provide significant peace of mind and financial security. By exploring specialized options and consulting with expert brokers, you can find a policy that offers comprehensive protection tailored to your needs.