How to Start a Steel Erection Business: A Step-by-Step Guide
- Nate Jones, CPCU, ARM, CLCS, AU
- Nov 12
- 2 min read
If you’re considering starting a steel erection business, you’re entering a specialized trade that demands precision, safety, and strong business planning. At Wexford Insurance, we understand the unique risks steel erection contractors face—from heavy equipment operations to elevated work environments—and we provide tailored insurance solutions to protect your projects, workers, and assets.
This guide will walk you through the essential steps to launch your steel erection business successfully.
Steps Required to Start a Steel Erection Business
Step 1: Register Your Business
Start by establishing your business legally:
Choose a structure (LLC, corporation, sole proprietorship)
Register your business name
Obtain an Employer Identification Number (EIN)
Step 2: Obtain Licenses and Certifications
Steel erection contractors often need:
State contractor licenses
OSHA safety certifications
Specialized training for crane operation and rigging
Check Out: OSHA Steel Erection Guide
Step 3: Create a Business Plan
Your business plan should include:
Target market (commercial, industrial, retail)
Pricing strategy
Safety compliance measures
Insurance requirements
Step 4: Invest in Equipment
Essential equipment includes:
Cranes and hoists
Welding machines
Safety harnesses and fall protection gear
Trucks for material transport
Step 5: Hire Skilled Workers
Your team should include:
Certified welders
Crane operators
Safety supervisors
Project managers
Step 6: Implement Safety Training
Steel erection is high-risk work. OSHA requires fall protection and site safety programs. Regular safety audits and employee training are essential.
Step 7: Secure Steel Erection Contractor Insurance
Insurance is critical for protecting your business from:
General Liability – Covers property damage and third-party injuries
Workers’ Compensation – Protects employees injured on the job
Commercial Auto – Covers vehicles used for transporting materials
Commercial Property – Protects your office and storage facilities
Equipment Insurance – Covers cranes, welding machines, and other tools
Final Thoughts
Starting a steel erection business requires more than technical expertise—it demands careful planning, compliance with safety regulations, and strong financial protection. Insurance is not just a requirement; it’s a safeguard against unexpected risks that could derail your operations. Whether you’re a Design and Build Contractor, a Metal Building General Contractor, or a Steel Building Construction Company, partnering with an insurance agency that understands your industry is essential for long-term success.
Contact Wexford Insurance today to get started.
