What Insurance Does a General Contractor Business Need to Stay Covered?
- Nate Jones, CPCU, ARM, CLCS, AU
- Jan 23
- 2 min read
Running a general contractor business comes with unique risks. From on-site accidents to property damage and legal claims, having the right insurance is crucial to protect your business, employees, and clients. Fortunately, obtaining the right coverage is easier than ever with online tools and providers like Wexford Insurance.
Here’s a breakdown of the essential insurance types your general contractor business should consider.
General liability insurance is a must-have for contractors. It protects your business against:
Bodily injury claims from clients or third parties
Property damage caused by your work
Legal defense costs
This coverage ensures that accidents on-site or mistakes in your work won’t result in financial disaster.
If you have employees, workers’ compensation is typically required by law. This insurance covers:
Medical expenses for work-related injuries
Lost wages during recovery
Legal costs in case of employee claims
Even if it’s not mandatory in your state, it’s highly recommended to protect both your team and your business.
Many general contractors use vehicles to transport tools, equipment, and personnel. Commercial auto insurance protects against:
Accidents involving business vehicles
Property damage caused by your vehicles
Injuries to drivers or passengers
This coverage is essential if your business relies on trucks, vans, or other vehicles for daily operations.
Also known as errors and omissions insurance, professional liability insurance protects against:
Claims of negligence or mistakes in your work
Financial losses incurred by clients due to errors
Legal defense costs
This is especially important if you provide consulting, project planning, or design services alongside construction.
Your tools and heavy equipment are vital assets. Tools and equipment insurance covers:
Theft or damage to tools and machinery
Replacement costs for essential equipment
Losses that could disrupt your workflow
.
Why Choose Wexford Insurance for Your Contractor Coverage
Getting a quote for your general contractor business insurance is simple with Wexford Insurance. Their online quote tools let you:
Compare coverage options
Customize policies to fit your business size and needs
Receive a fast, reliable quote from a trusted provider
With Wexford Insurance, securing the right coverage is just a few clicks away.
