Do I need insurance as an independent contractor?

Yes, you do. Independent contractors face many of the same business risks as companies do. Consequently, you should have contractor insurance. For any contractor, business insurance like this is essential.

How much is contractor insurance?

Insurance for a construction company or individual can vary in cost. Your rate will be calculated using factors like the type of work you do, the size of your company, your claims history, and others. Get a <a style="text-decoration: underline;" href="/get-a-quote">convenient online quote</a> to determine your cost.

What insurance does a contractor need?

The types of contractor insurance needed and the specifics of those policies will vary from company to company. Some customers require that contractors have general liability insurance and/or workers’ compensation insurance before they can perform work on a jobsite. <a style="text-decoration: underline;" href="/contact">Contact our insurance experts</a> if you have questions about what you need to be fully protected.

Construction and General Contractor Insurance

Ensure your construction or contractor business is properly and fully covered with a general contractor insurance policy from biBERK.

out of 5 customer review rating and 200,000+ policies sold.

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Who Needs Construction or General Contractor Insurance?

Construction business insurance or contractor insurance is important to businesses like yours, where injuries, equipment damage, and property damage are all commonplace. To cover yourself for employee injuries, you need workers’ comp coverage, and for other jobsite injuries or customer property damage, general liability coverage. Equipment or tool damage repair or replacement costs require an add-on to a property and liability policy or a general liability policy.

We Cover all Kinds of Professionals in Construction Contractor Insurance, Including:

Airport runway construction companies
Cabinetry or interior trim companies
Commercial iron and steel framing
Concrete construction companies
Commercial remodeling
Conduit construction companies
Drywall companies
Electricians and electrical contractors
Fencing companies
Finish carpentry
Flooring installation companies
Framers
General contractors with 1099
Glazing companies
Handyman
HVAC companies and contractors
Masons
New home construction
Painters
Plumbers
Remodelers
Residential iron and steel framing companies
Residential remodeling general contractors
Road and street construction companies
Rough carpentry

What Does Construction Insurance or Contractor Business Insurance Cost?

Construction or general contractor insurance cost is determined based on a number of your company's characteristics. These include the type of construction you do, your location, business size, and claims history. You can get general construction insurance cost quotes online for the different policies you need.

What are the Different Types of Construction Contractor Insurance?

At biBERK, we offer six different types of insurance for general contractors for small business owners like you. Depending on the location of your business and other factors, certain types of contracting insurance might be better for you than others.

Workers' Compensation insurance

This type of insurance for general contractors helps protect your business if an employee is injured, contracts an illness, or dies as a result of an incident on the job. It can cover medical costs, legal fees, and lost wages due to the injury.

Workers' Compensation

General Liability insurance

Also known as commercial liability insurance, a general liability policy covers damages and legal costs associated with injury claims by customers and other people you don't employ, damage to other people's property that was caused by your business, and medical costs associated with these incidents. It also covers libel, slander, and copyright infringement. Plus, there are endorsements you can add to customize your policy, including contractors installation, tools & equipment, cyber, hired and non-owned auto liability, employment-related practices liability, and employee benefits liability.

General Liability

Business Owners Policy

Also called property & liability insurance, a business owners policy (BOP), combines general liability insurance with coverage for your company’s property. You'll get protection for the building you own, space you lease, and any property needed to run your business, while also receiving coverage for things like business interruption. This can replace lost income, as well as cover other costs associated with getting your business back up and running after suffering property damage, such as the use of a temporary location. You can also tailor your BOP with add-ons including cyber, hired and non-owned auto liability, employment-related practices liability, and employee benefits liability.

Business Owners Policy

Commercial Auto insurance

If your company owns or leases vehicles, this policy protects your business. This type of insurance can provide coverage for your legal fees and the medical costs of others if your employee is at fault in an accident. It can cover the cost of damages even if the vehicle is used for personal activities outside of its primary business use.

Commercial Auto

Cyber insurance

This coverage can be purchased as an add-on to a general liability, professional liability, or BOP policy. It helps cover costs related to system hacks or data security breaches in which sensitive information has been stolen and fraud has occurred or there is a reasonable expectation that it might occur.

Cyber Insurance

Umbrella insurance

Every contracting insurance policy you purchase has a maximum value that it will cover in the event of an incident. Umbrella insurance adds another layer of protection: it can cover costs that exceed the limit of another liability policy, subject to its own limit. Without it, you may be responsible for anything over your policy limit. Business liability suits can easily exceed the actual value of many small businesses, so we highly recommend an umbrella policy to protect your company.

Umbrella Insurance

Why biBERK for Construction and Contracting Insurance?

We’re the experts when it comes to small business insurance.

Save time.

Get a quote entirely online or speak with one of our insurance experts right away for help getting a quote, buying a policy, or answering any questions you may have.

Save money.

We insure your small business directly, without a middleman or insurance broker, so we pass that savings on to you—up to 20% less than policies with other insurance companies.

Experienced.

We're part of Warren Buffett's Berkshire Hathaway Insurance Group with millions of satisfied customers, more than 75 years of insurance experience, and $52.2 billion in paid claims in 2023.