Is Your Local Asphalt Sealcoating Company Fully Insured?

In Indiana, sealcoating is an essential maintenance task you can't afford to forgo. It protects your asphalt surfaces from weathering and wear, maximizing longevity while avoiding the headache of costly damage. For many property owners and managers, getting sealcoating in Fort Wayne is a part of routine maintenance. But have you ever considered whether the contractor you hire for local asphalt sealcoating is insured? Insurance is a significant detail that many overlook. However, working with an asphalt sealcoating company that's not insured could cost you big!

Why Is Insurance So Important for an Asphalt Sealcoating Company?

Sealcoating parking lots, municipal roads, industrial paving, and residential driveways is risky. Experienced asphalt sealcoating companies know how to work safely and efficiently, but that doesn't guarantee that things won't go awry. Many things can go wrong during Fort Wayne asphalt sealcoating jobs. Workers can suffer injuries, accidents can harm your property, and mishaps can affect neighboring properties or bystanders.

The point is that anything can happen. While sealcoating parking lots looks like a simple job, there are still many risks involved. Insurance helps to cover your bases and protect your bottom line. Insurance policies provide financial compensation in the worst-case scenario, ensuring you're not on the hook.

What Are the Risks of Working with an Uninsured Asphalt Sealcoating Company?

Never work with uninsured asphalt sealcoating companies, no matter how experienced the contractor may be. Many variables are out of your and your contractor's control. No amount of experience removes risks entirely.

If an accident occurs on your property, you could be financially liable. It doesn't matter if you're at fault or not. Because those events happen on your property, you may have to foot the bill for whatever happens. For example, you may be liable for injuries sustained during local asphalt sealcoating projects or for damage to surrounding properties. We're talking significant legal and financial woes!

Insurance protects you and the asphalt sealcoating companies you hire. Don't be afraid to ask contractors for proof of insurance before proceeding with sealcoating in Fort Wayne. If the company you want to hire doesn't invest in insurance or is sketchy about providing documentation to prove they're covered, look elsewhere for service.

What Types of Insurance Should Asphalt Sealcoating Companies Have?

Many forms of insurance are available, and the best contractors available for Fort Wayne asphalt sealcoating will have multiple policies to cover their bases. Here's what you should look for when hiring companies for sealcoating.

• Workers' Compensation: These policies cover workers who complete local asphalt sealcoating. If injured on the job, this insurance provides financial compensation.

• General Liability Insurance: Fort Wayne asphalt sealcoating contractors need general liability insurance to cover non-employees and property damage.

• Vehicle Liability Insurance: asphalt sealcoating companies need liability insurance for the vehicles they use to get to and from the job site.

• Umbrella Policies: While not mandatory, umbrella policies are added protection that many companies performing sealcoating in Fort Wayne prefer to have. It provides additional coverage if claims exceed the limits of other policies.

  
  

Asphalt Authority is a fully insured sealcoating company ready to meet your needs! We're available for sealcoating, new paving, repairs, parking lot striping, signage, and more. Whether sealcoating parking lots or laying brand-new paving, we work hard to maintain safety. Our team is well-trained to deliver impressive results while completing projects to the highest safety standards. You can trust us to handle your needs, regardless of scope or complexity.

Call Asphalt Authority today at (260)450-4976, email info@asphalt-authority.com, or use our online form to contact us, learn more about what we do, and receive a free project quote.