NEW YORK — Thimble, a insurtech startup that provides business insurance by the job, month or year, today announced the extension of its general liability business insurance coverage for roofing contractors.
According to a release from Thimble, the startup is the first company to provide on-demand insurance options to roofing contractor professionals. Contractors can buy a policy online in Thimble's app or over the phone. They can obtain a quote in minutes at Thimble.com, and a Certificate of Insurance is sent to the customer immediately. This unique approach to time and technology empowers Thimble's roofing contractor customers to grow and scale their business at the pace they desire.
Under Thimble's general liability coverage, policyholders are protected from the financial consequences of claims resulting from accidents that cause third-party bodily injury or property damage, as well as personal and advertising injury. It also provides insureds with the defense and investigation of claims.
This latest expansion will provide flexible coverage to the more than 279,000 roofing contractors in the United States. The roofing contractor industry is valued at nearly $60 billion and has grown steadily over the past few years.
"There's a massive market opportunity for roofing contractors. These professionals are providing necessary and important work in our communities, and we knew it was important to expand our general liability offering to meet the needs of this growing profession," said Jay Bregman, CEO and founder of Thimble. "This expansion is furthering our commitment to empowering the country's smallest businesses to succeed on their terms."
Report Abusive Comment