General Contractor Insurance in Minnesota

  • Compare quotes in minutes, with no obligation to buy
  • Buy online and receive coverage confirmation – instantly
  • Access only top-quality insurance companies (A-rated or better)

Get instant quotes

Why do Minnesota general contractors need insurance?

The North Star State has a thriving construction industry. There are over 44,000 sole traders in the industry, many of whom are licensed as general contractors.

Construction sites are often dangerous places to work. Small businesses can be exposed to expensive risks if they’re involved in residential or business projects.

Contractor insurance is important for Minnesota companies to safeguard their hard-earned work from injuries, delays, accidents and other issues that are common.

General contractors can choose different types of insurance, including:

  • General Liability insurance
  • Business Owner’s Policy
  • Workers’ Compensation insurance

Find out how BizInsure helps you find the right contractor insurance for your Minnesota company.

Who needs contractor insurance in Minnesota?

Many contractors have insurance policies that safeguard their personal and business financial assets. General Liability coverage and other types of policies can act as a security net for both your business and yourself.

Certain kinds of insurance might be required for certain clients (and this is usually stipulated in contracts for business). Choose your profession below to learn more about your insurance options and get a personalized insurance quote.

Customer service icon

Talk to our licensed agents today

You can relax knowing you’ve got the most suitable insurance at a competitive price.
BizInsure agents are licensed and well-informed to help you choose the most suitable insurance.

What are the most common insurance policies for contractors in Minnesota?

Minnesota tradespeople consider several types of contractor’s insurance. These policies might help you mitigate the common risks that general contracting companies have to face.

General Liability insurance

Also referred to as Commercial General Liability (CGL) or “slip and fall coverage”, this insurance can protect your business against bodily injury or property damage lawsuits from outside parties.

Business Owner’s Policy

A Business Owner’s Policy (BOP) is a convenient package of insurance that protects your business against the common risks it faces every day. The BOP product includes various coverages that may suit the unique requirements of your small business. Insurance included in a BOP can vary but usually they include protection for typical small business risks such as property damage, business interruption and liability.

Workers’ Compensation insurance

Workers’ Compensation insurance protects your company and its employees. If any of your employees get injured at work or are ill, this type of insurance will cover their medical bills. It will also cover some of their lost income if they’re unable to work because of the injury, as well as rehabilitation or physical therapy to transition the employee back into the workplace. In Minnesota, Workers’ Compensation insurance is mandatory with limited exceptions for most companies with at least one employees

What does contractor insurance provide in Minnesota?

Contractors’ insurance can help cover your business for many different types of risk. You may be covered by the insurance policy you have purchased for:

  • Third-party injury and property damage claims (General Liability insurance for Minnesota contractors)
  • Unexpected Business Interruptions (Business Owner’s policy)
  • Equipment breakdown (Business Owner’s policy)
  • Employee workplace injuries and illnesses (Workers’ Compensation)

How much does contractor insurance cost in Minnesota?

If you’re just starting your own contracting business in Minnesota, you may not know about the expenses associated with contractor insurance.

The cost of business insurance varies because insurers take many factors into consideration when determining each business’ premium. The cost to your company could be based on factors like:

  • Selecting the appropriate type of insurance
  • The amount of money you earn from your company (annual revenue)
  • The number of people who are covered by the insurance policy
  • Your claims history
  • The level of coverage

How to get insurance for contractors in Minnesota?

BizInsure offers a simple way to insure your business that contracts.

In just 10 minutes you can review quotes and find coverage that suits your budget, needs, and budget. You will receive your policy documents immediately via email.

Need assistance? We are always happy to assist you!

Compare multiple quotes for Minnesota general contractors now to find the most affordable coverage.

* This information is a general guide only and does not take into account your objectives, financial situation or needs. Always check with your local licensing board when getting or renewing your [profession] license to ensure you are meeting their current licensing requirements.
As with any insurance, coverage will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained on this guide is general only and should not be relied upon as advice. The number of quotes provided varies between products, occupations and other underwriting factors determined by the insurers.
© Copyright 2023 BizInsure LLC, 2015 ALL RIGHTS RESERVED BizInsure LLC; CA DBA: Simple, Smart, BizInsure Insurance Agency LLC; NY DBA: BizInsure Services LLC; NH DBA: Simple, Smart, BizInsure Insurance Agency; PA DBA: BizInsure Services LLC. 2950 Buskirk Ave Suite 300, Walnut Creek CA 94597. License #0H81929
bizinsurance makes purchasing Business Insurance...SIMPLE!
Andrea W.
1701380391
Great quality of Service ,faster and convenience way to pay at most. Thank you for your Service to my Healthcare Facility .
Quick and easy!!!!
Terry
1701319042
Great service! Easy process and very informative representative. Andrea was great and very patience with our process. I would recommend using them!!
Terrance R.
1700848536
Always and easy process. Thanks!
Gerald S.
1700244544
Renewal was quick and easy online
Angelita K.
1699752900
I had a great experience working with Andrea from BizInsure. She was extremely knowledgeable, helpful, and responsive throughout the entire process. She guided me through the different options available and helped me find the perfect home care professional liability insurance policy that suited my needs. Her professionalism and expertise made the entire experience smooth and hassle-free. I highly recommend working with Andrea and BizInsure for all your insurance needs.
Juliette S.
1699032636
Easy to submit an application and to get quotes
Simone S.
1698775217
I had the most pleasant prompt and professional experience of my life with Bizinsure. Everything was completed in record time, at an unbelievable cost…and my certificate of Insurance was promptly emailed to me. Most of all it was effective immediately. No hassle no back & forth, just great service highly recommend to all small businesses.
Marcia S.
1698407456
Excellent
advanced U.
1697824466
Great service. Very professional and cordial. Thanks
Jeremiah U.
1697064641
BizInure has been a great company for our insurance needs. I wish customers services was 24/7, that would make it a five stars
Novilette L. J.
1696828014
Easy to navigate what you need. Always notify ahead of renewal!
Athena T.
1696646371
This is the best company I have ever worked with. They are professional and get you exactly what you need. I highly recommend them!
Jim P.
1696451803
this is really easy
Riaz R.
1696428004
Andrea was very useful and professional. I will be recommending Biznsure to my friends that need business insurance. Keep up the good work. I wish the agency also offers auto insurance and whenever you do I will be one of the first to sign up as sign of my appreciation.Mike Okonkwo.
Mike O
1696282284
Kalab was excellent. Great, great Agent. Every step was organized and well planned. I WILL recommend your firm to anyone. Thank you...
Easy to renew Policy
Plain S.
1695644756
Great total experience. The agent was professional, knowledgeable,and a pleasure to work with. The fastest business insurance purchase I've ever experience. I highly recommend Bizinsure.
Tony W.
1695492357
Communication was excellent and the process was easy.
Jessie R.
1695153508
I have been using Bizinsure for several years and find the ease of renewing as well as generating additional insured certificates to be easy and useful, especially as a sole prop. thank you
Michelle C.
1695060008
Kaleb tailored the right coverage to our business. Customer service was good and gave great understanding of coverage. Thank you from Goleda's Gentle Homecare LLC
Aneesah M.
1695056651
A GOOD COMPANY FOR HEALTH CARE INC
Supreme A.
1694871640
Easiest & fastest online quote and purchasing experience out there. Inside of 10 minutes I had a quote, payment draft, and policy in force... and at the most competitive GL rates I found.
Rusty H.
1694699044
very quick and prompt service.
Sally Jo W.
1694180429
caleb was great in helping me navigate thecorrect liabilty insurance for my company
Lindsay Erin P.
1694135867
Friendly fast service I recommend you to all vendors
Terry R.
1694133043
Great
Kemi S.
1694119021
Great Customer service and easy renewal process!!!! I would refer this company to anyone.
Chris H.
1694038325
Great company easy to work with, Andrew was very helpful,you can call him any time he is ready to listen and help
Olu A.
1693959486
Good customer service indeed
BASSI T.
1693944217
js_loader
Google Rating
4.6
Based on 214 reviews
×
js_loader