As a contractor, your work comes with unique risks. Whether you handle construction, repairs, installations, or specialized trade services, even small errors—using the wrong materials, accidental property damage, or unforeseen environmental issues—can result in costly claims.
These expenses can quickly exceed what your business can handle on its own. That’s why having the right contractors insurance is essential to protecting your financial stability and long-term success.
Any contractor—large or small—needs contractor insurance to protect against financial loss and liability risks. This includes:
- General contractors
- Handymen
- Electricians
- Plumbers
- HVAC contractors
- Carpenters
- Landscapers
- Remodelers
- Painters
- Specialty trade contractors
Even if you operate independently, a contractors insurance policy safeguards your work, your tools, your employees, and your reputation.
At minimum, most contractors need a Business Owner’s Policy (BOP). However, many require additional protection for vehicles, equipment, employees, and professional liability exposures. The right liability policies not only cover damages but also help pay legal fees, defense costs, and settlements.
For larger claims or high-risk projects, an umbrella liability policy may be essential to extend your protection.