Fort Lauderdale Roofing Contractor Insurance Audit Guide

Roofing contractors in Fort Lauderdale and Broward County operate in one of the most insurance-intensive environments in the country. Florida\u2019s hurricane exposure drives some of the highest roofing insurance rates in the nation \u2014 and carriers audit roofing contractors aggressively to ensure they\u2019re collecting every dollar of premium they\u2019re owed. For Fort Lauderdale roofers, insurance audits are not a once-in-a-while event; they\u2019re an annual battle.

Why Roofing Audits Are Different

Roofing carries some of the highest NCCI class codes in the workers\u2019 comp system \u2014 Class 5551 (Roofing) is among the most expensive classifications in Florida. This means that every dollar of payroll misclassified into the roofing class code instead of a lower-rated code (like sheet metal work, carpentry, or supervision) costs you significantly more in premium. Audit Monkey reviews every employee\u2019s actual duties and ensures they\u2019re classified at the correct rate.

Subcontractor COI Issues for Fort Lauderdale Roofers

Fort Lauderdale roofing contractors typically use large networks of subcontractors for tear-off, installation, and specialty work. Each of those subs needs a current COI showing workers\u2019 comp and GL coverage \u2014 or their payroll gets added to your audit base at the full roofing rate. With roofing WC rates in Florida running $15\u2013$25 per $100 of payroll, a single sub with $100,000 in payroll and no COI on file can add $15,000\u2013$25,000 to your audit bill.

GL Audits for Fort Lauderdale Roofers

General liability audits for roofing contractors in Fort Lauderdale are typically based on gross receipts. The key issues are: carriers using total contract value instead of net after material costs, failure to credit subcontractor GL certificates, and classification of all work at the roofing rate instead of breaking out lower-rated operations like gutters, fascia, or interior work. Audit Monkey reviews every line of your GL audit and disputes any revenue that\u2019s been misclassified or overcharged.

Post-Hurricane Audit Spikes

After major storms, Fort Lauderdale roofing contractors often see dramatic revenue spikes \u2014 which translate directly into large GL audit bills. If your revenue doubled due to storm work, your GL audit bill may double too. Audit Monkey helps Fort Lauderdale roofers document storm-related revenue separately, apply appropriate subcontractor credits, and dispute any overcharges that result from the carrier\u2019s post-storm audit methodology.