Contractors Insurance
Contractors Insurance

Contractors Insurance

Contractors Insurance

Contractors insurance is coverage that can protect your occupation from devastating fiscal debts that can result from work-related accidents. It ’ second crucial to protect your support with adequate coverages and limits that match your exposure in encase your business is threatened .
Protect against things like lawsuits and other liabilities with contractors indemnity through the Progressive Advantage® Business Program. Our team of experts can work with your budget to help you secure customized commercial car and business insurance policies .

Who needs it?

Contractors, subcontractors and independent shopkeeper should carry commercial indemnity. It not only protects your business, but it ’ mho frequently a necessity by many employers before you can start working for them. Common trades that motivation contractors insurance include :

It ’ sulfur always good to have indemnity in case of mishaps, even if you don ’ metric ton contractually motivation coverage .

How much does it cost?

One of the most influential factors that affects your contractors policy cost is the type of influence that ’ mho involved in your specific trade. For case, a roof contractile organ is exposed to risks that an HVAC technician international relations and security network ’ t, and vice versa. therefore, you could expect their rates to differ .
other factors that affect the price of contractors insurance are employees, coverage needs, vehicles, location and claims history .
Customizing a quote to match your specific clientele is the only room to know you ’ re getting an accurate rate and enough coverage. Start by calling us or starting a quotation on-line .

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Basic coverages

  • General Liability: Typically needed before a contractor can begin work on a job. It could cover you if your business is liable for things like injuring people, damaging property or for faulty work.
  • Commercial Auto: Protection for vehicles used for work or to transport tools and other contractor materials. You have the choice to cover attached equipment such as ladder racks and permanently attached tool boxes. Individual tools and materials usually aren’t covered under this policy.

Other coverages contractors might need

  • Business Owners Policy (BOP): Packages contractors liability and coverage for personal property and commercial buildings into one policy.
  • Workers’ Compensation: Protects if your employees become ill or injured while at work.

Insurance for contractors

Show video transcript
Contractors insurance from Progressive Commercial protects modest businesses like painters, carpenters, landscapers and other tradespeople with a diverseness of coverages to help them take on the fiscal affect of work-related accidents .
The coverages in contractors insurance can vary from business to business. They often include general indebtedness insurance, which covers your commercial enterprise if you ’ re liable for injuring people, damaging property or other situations .
But it can besides include other coverages like commercial car, workers ’ recompense and business owners policies.

many municipalities, clients and landlords contractually require you to carry insurance. But careless, it ’ s a dependable idea to have coverage in case of accidents or larceny of tools and equipment .
The amount you pay is based on several different factors like the sum of coverage you need, your particular craft and your localization .
Stay protected with Contractors indemnity from Progressive Commercial. Call us or start a quotation on-line today .
disavowal : Progressive Casualty Ins. Co. & affiliates

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Get your free quote today!

We ’ ve made it easy for you to shop for all your contractors policy in one place. Simply call us to speak with a license agentive role who can help you with your commercial car and business policy quotes .

Common questions

What does contractors insurance cover?

Contractors insurance normally covers business indebtedness exposures, such as injuries or wrong to a client ’ s place for which your business is creditworthy. This is covered by general liability indemnity, an substantive separate of a contractors insurance policy. Contractors insurance can besides extend to cover your business ’ second vehicles and employees, depending on the coverages selected .

What’s the difference between a certificate holder and an additional insured?

A certificate holder is simply the occupation or contractor that carries the coverages as described on the certificate of policy. An extra insured is another business or contractor that ’ south besides listed on the certificate holder ’ s indemnity policy.

What kind of insurance should a contractor have? 

While some companies offer a “ one-size-fits-all ” contractors indemnity policy, we know every contract commercial enterprise is alone. That ’ south why our insurance experts will work with you to customize a policy just for your business, so you only pay for coverages you need .

Are contractors required to have insurance?

While business insurance may not be required by law, without indemnity you could be held personally apt for a error on the job. additionally, before offer or taking on a job, you may be required to show proof of insurance .

Do I need workers’ compensation insurance if I’m an independent or self-employed contractor?

In most cases, independent and freelance contractors aren ’ triiodothyronine required to carry workers ’ compensation indemnity. however, it may be required in certain jurisdictions or to fulfill a contract .

More information

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