Contractors Insurance

Start with the work you actually perform

Insurance needs can change with the trade, project type, employees, subcontractors and contract requirements. Describe your work accurately, including activities performed away from your main premises.

A contractor building a house, installing equipment and transporting tools can face different exposures. One policy name does not establish that every activity is covered.

Separate people, property and project risks

• General liability: certain third-party injury, property damage or other liability claims.
• Tools and equipment: eligible property loss, often discussed through inland marine coverage.
• Builders risk: eligible structures and materials during construction or renovation.
• Workers’ compensation: benefits for covered work-related employee injuries, subject to state rules.

Read the contract alongside the policy

A client may request specific liability limits, additional insured status or a waiver of subrogation. A certificate of insurance is evidence of coverage; it does not itself amend the policy or promise every contractual requirement is met.

A surety bond serves a different purpose from liability insurance. Ask which obligations the bond guarantees and who benefits from it.

Prepare for a useful coverage review

• List trades, projects, locations and estimated work values.
• Identify employees, subcontractors and equipment you own or rent.
• Bring contracts and existing declarations or endorsements.
• Ask about exclusions, deductibles, theft conditions and protection during transit or storage.

Learn about business coverage and review the commercial guide.