General Contractor Insurance
General Contractor Insurance
One application, multiple quotes.
All in one place.
Essential Protection
From
$68.75
/month*
Can help cover claims of accidental damage to a customer’s property, such as dents to walls or floors.
What’s included:
General Liability
Coverage limits: $1M to $2M†
Get multiple quotes in less than 10 mins
Essential Protection
From
$68.75
/month*
Can help cover claims of accidental damage to a customer’s property, such as dents to walls or floors.
What’s included:
General Liability
Coverage limits: $1M to $2M†
Get multiple quotes in less than 10 mins
Would you rather pick and choose your coverage? Explore all options
Over 1 million customers worldwide.
Buy instantly online.
What is General Contractor Insurance and Why Is It Essential?
As a contractor, you bring blueprints to life, but even seasoned pros can face unforeseen setbacks. From accidental damage to a client’s property, stolen tools, or jobsite injuries, general contractor insurance can help protect your business and keep your projects on track.
What Type of General Contractor Insurance Do I Need?
General Liability Insurance
From
$68.75
/month*
A foundational contractor insurance coverage to help handle costs from third-party accidents, property damage, and bodily injury.
Workers’ Comp Insurance
From
$38.91
/month*
Coverage to help take care of employees who get sick or injured on the job. Most states require this coverage for small businesses with full- or part-time employees. It also can benefit business owners who don’t have employees.
Contractor’s Equipment and Small Tools Insurance
From
$20.83
/month‡
Also known as inland marine insurance, this coverage can financially protect equipment and inventory that’s in transport or stored offsite.
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What Does Contractor Insurance Cover?
General contractor insurance is a collection of policies that contractors typically purchase. We’re here to help you find the right coverage to protect against some of the common risks you may face:
Damage to someone else’s property
While installing kitchen cabinets, your carpenter accidentally cracks a water pipe behind the wall. Water floods the room and damages the new flooring. A general liability policy could help cover those types of third-party claims.
Care for sick or injured employees
Your crew is framing a second story when one of your workers trips over a joist, injuring their leg. Workers’ compensation insurance can help cover their medical bills and provide wage replacement as they recover.
Workers’ comp is often legally required and can protect your business from costly claims, as well as taking care of your crew if they get sick or injured on the job. Even if you operate solo, we recommend workers’ comp, since many health insurance policies won’t cover work-related injuries.
Damaged or stolen equipment
You show up to the site one morning and find your trailer broken into — compressors, nail guns, and saws gone. Contractor’s equipment and small tools insurance, also known as inland marine insurance, can help pay to replace or repair your stolen or damaged equipment, whether it’s on the move or at a jobsite.
Honest mistakes and negligence claims
Imagine you build a deck, but an anchoring error eventually causes boards to warp and the railing pulls loose. Adding a contractor’s errors and omissions endorsement to your general liability policy could help cover repair costs and protect you against a negligence claim.
Peace of mind for your customers
You’ve secured a large remodeling contract, but the homeowner requires proof the work will be completed on time and to spec. That’s where a surety bond comes in. It’s a financial guarantee that protects your client if you can’t meet your contractual obligations. If the job isn’t finished or doesn’t meet agreed-upon standards, the bond can compensate the customer for their losses.
How Much Does
Contractor Insurance Cost?
The cost of general contractor insurance varies, and your final premium will depend on several factors, including your location, number of employees, the total value of the projects you manage, and your claims history.
Here’s a look at the median costs1 for the most common policies general contractors purchase:
Insurance Policy
Median Monthly Cost
Median Annual Cost
General Liability
$82
$984
Workers’ Compensation
$132
$1,584
Tools & Equipment
$37
$444
1Data from Simply Business customers specializing as a “general contractor” who purchased at least one or a combination of general liability, tools and equipment, or workers’ compensation policies from July 1, 2025 to December 31, 2025. Reflected price tiers may not include purchase of all available policies under general contractor insurance.
Get Your General Contractor Insurance Quote
Try our contractor insurance calculator
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Get Your General Contractor Insurance Quote
Try our contractor insurance calculator
Get a quick estimate in just 3 steps.
Answers to More Contractor Insurance Coverage Questions
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*The displayed price for each product is a monthly estimate calculated from the 10th percentile of relevant policies sold by Simply Business (e.g., General Liability data is used for General Liability estimates). This estimate uses data from relevant policy sales between January–June 2025. Final price and payment terms, which may include an initial down payment, are subject to change based on your state, selected insurance provider, and specific business details.
† Limits may vary by state and nature of your business.
‡Displayed price is based on the lowest available coverage limit for Equipment and Small Tools policies.