Contractor Insurance in New York

  • 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

Do general contractors need insurance in New York?

The Empire State has a flourishing construction industry. The industry employs just more than 138,000 sole proprietors, including many who are licensed as general contractors.

Construction sites are often dangerous places to work. An accident can lead to costly liability issues for your small businesses, whether you work on residential or commercial projects. Contractor insurance is a must for many New York businesses to protect their hard-earned work from injuries, delay, accidents, and other common problems.

Insurance for contractors is a shorthand term used to describe different kinds of coverage a general contractor might consider.

  • General Liability
  • Business Owners’ Policy
  • Workers’ Compensation

Learn about contractor insurance in New York and how BizInsure can help you find A-rated insurance for your requirements.

Who needs contractor insurance in New York?

Many contractors purchase insurance to safeguard their finances and business. The protection offered by General Liability and other types of insurance could provide critical security cover for you and your business.
There is a possibility that specific kinds of coverage are required in order to conduct business with a specific client (a condition that is usually stipulated in contracts for business).
Select your job from the list below for more details about your options for insurance and to start your customized insurance quote.

Customer service icon

Speak to licensed agents

You can rest assured that you have the correct insurance at a reasonable price.
BizInsure’s knowledgeable and licensed agents are available to assist you in finding the right product.

What insurance should general contractors need in New York?

New York tradespeople are usually interested in different types of insurance for contractors. These insurance policies can assist you in reducing the risks that general contractors are exposed to on the job.

General Liability Insurance

At a construction site, anything could occur. A seemingly innocent act, such as leaving your toolbox at the wrong place, can cause a major problem for your business when you cause injury to anyone.

A General Liability policy can protect you against any claim by an outside party regarding injury or damage to their property. In these instances, your policy will cover your legal expenses as well as your cost to replace or remedy the situation up to the limits of liability.

New York General Liability Insurance is sometimes called Commercial General Liability (CGL) or “slip and fall” coverage.

Business Owner’s Policy

Construction industry workers know that sometimes things don’t work out as planned. Incomplete projects, broken instruments, and other issues can cause problems in meeting the deadlines you set.

Business Owner’s Policy (BOP) is a combination of policies, combining covers such as General Liability insurance and business personal property coverage, to help protect small businesses from costly interruptions to service.

BOP can include specific coverage options that are tailored to your business. It can be an easy and affordable way of protecting your business from the most common risks contractors are exposed to.

Workers’ Compensation Insurance

If you depend on employees to help run your business, it is your responsibility to ensure their health and well-being when they’re at work.

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.

To meet state requirements, with a few exceptions, businesses must carry Workers’ Compensation insurance in New York that employ at least one employee.

What does New York contractor’s insurance cover?

Contractor’s insurance can cover your business against many types of risk. Depending on what types of insurance coverage you select, your business could be covered for:

  • Third-party property damage and injury claims (General Liability insurance for New York contractors)
  • Unexpected Business Interruptions (Business Owner’s Policy)
  • Equipment breakdown (Business Owner’s Policy)
  • Employee workplace accidents and illness (Workers’ Compensation)

How much does contractor insurance cost in NY?

The cost of business insurance varies due to the fact that insurance companies consider a variety of factors to determine each premium. The cost for your company may depend on such things as:

  • The kind of insurance you want
  • Your business size (annual revenues).
  • How many people will be covered under the policy
  • Your claim history
  • Select the coverage level you want.

Save time and money with BizInsure

Protecting the contracting company you work for is simple with BizInsure.

In just 10 minutes, you’ll be able to look over a variety of quotes and select the coverage that fits your budget and needs. The policy documents will be delivered to your inbox email.

Need some assistance with your project? Our licensed agents are available to assist you at any point in the process.

Compare quote to determine the most suitable insurance to protect your New York general contractor business.

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
Love it
Hanna R.
1708272180
Every year, BizInsure is my go to for general and professional liability insurance! Thenrates are unbeatable.
Calandra K.
1708044666
The agent was quick and efficient in generating a quote for my needs.
Theresa F.
1707895796
I enjoy working BizInsure they always answer all my questions and make sure i have the correct coverage for my business.
Prompt and professional service from Biz Insure. Thanks Leslie and Liza!
Bev G.
1707524454
Very easy to sign up for insurance.
Great company
Brown G.
1706896003
Fast and efficient!
Kim C.
1706746693
عالی
alireza J.
1706727364
It was great being able to get a policy that suits my company's need in less than 30 minutes. They were vey thorough. Very competitively priced.
Lynette C.
1706621476
I worked with Andrea for another start up business. She was very knowledgeable and help me pick the correct policy. Amazed at how quickly the process went.
Representative was very kind, helpful, and educated me well. I appreciated today's prompt service with confirmation that I was satisfied with what was provided to me.
Tina P.
1706224051
Great company for.your low cost business insurance needs.
constantin T.
1706156911
Staff was very fessional and friendly. I was able to get a quote and move forward within 20 minutes.
Pebbles S.
1706126428
Wonderful
Complete C.
1705788054
MUY BUENO
Super easy process.
Ashley G.
1704830227
It’s very easy to understand and at a very reasonable price.
Mary M.
1703780096
Professionalism, Quality, Responsive and budget friendly
B D
1703029371
Great rates, easy to understand and select appropriate coverage, can get in a jiffy
Brie C.
1702775397
I have been a customer of BizInsure for a few years now and I love it. There customer service is awesome and the prices are affordable.
Danyale W.
1702132165
Quick easy experience! The rep was knowledgeable & pleasant. Customer care was awesome to respond and clarify my concerns.
Kathy Ann A.
1702059151
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
js_loader
Google Rating
4.7
Based on 242 reviews
×
js_loader