Contractors Insurance in North Carolina

  • 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 general contractors need insurance in North Carolina?

Construction is one of the largest sectors that is found in The Old North State. Over the 99,000 sole entrepreneurs are employed in this field.

Construction sites can be risky to work. A simple accident could create an expensive liability issue for your small businesses, regardless of whether you are working on commercial or residential projects. Insurance for contractors can safeguard your North Carolina company from accidents and delays.

The term contractor insurance can be used to refer to the different types of insurance that general contractors may select, such as:

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

Find out how BizInsure helps you find contractor insurance for your North Carolina business.

Who may consider contractor insurance in North Carolina?

Many contractors purchase insurance to safeguard their business and finances. The coverage provided by General Liability and other types of insurance can create a critical safety cover for your business and you.

There is a possibility that specific kinds of coverage are required in order to conduct business with a particular client (a requirement which is often stipulated in contracts for business).

To learn more about insurance quotes and alternatives, select your occupation.

Customer service icon

Speak to licensed agents

You can relax knowing you’ve got top-rated insurance for your small business at a reasonable cost.
BizInsure’s knowledgeable and licensed agents are able to assist you in finding insurance suited to your needs.

What are the most popular insurance policies for contractors in North Carolina?

North Carolina tradespeople consider several types of insurance for contractors. These policies might aid in reducing the typical risks that general contracting companies have to face.

General Liability Insurance

Everything could happen at the construction site. An innocent action–like placing your toolbox in the wrong place–could result in an enormous problem for your company in the event that someone gets hurt because of the mistake you made.

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.

North Carolina contractor’s General Liability insurance may also be referred to as “slip and fall” coverage or Commercial General Liability (CGL).

Business Owner’s Policy

In the construction industry there are times when things don’t go exactly as they are planned. The construction industry is prone to delays in projects, broken tools and other accidents.

Business Owner’s Policy (BOP) is a convenient and affordable way for small business owners to protect against several of their most common exposures. These policies combine General Liability insurance with other types of coverage, such as business interruption and business property damage.

BOPs can be customized to provide options to cover the specific needs of your business. This can be a convenient and affordable way to shield yourself against many common dangers that general contractors are exposed to.

Workers’ Compensation Insurance

It is your responsibility to make sure that your employees are healthy and happy working on them to run your company.

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 North Carolina, Workers’ Compensation insurance is mandatory for businesses that have three or more employees (with some exceptions).

What does contractor insurance cover in North Carolina?

Insurance for contractors can protect you against a range of risks. Depending upon the types of coverage you choose, certain events could be covered such as:

  • Claims for third-party injuries as well as property damage (General Liability insurance for North Carolina contractors).
  • Unexpected business disruptions (Business Owner’s Policy)
  • Equipment breakdown (BOP)
  • Employee workplace accidents and illness (Workers’ Compensation)

How much does contractor insurance cost in North Carolina?

Insurance companies take into account various factors when determining the premium for each business. The cost of your business’ insurance could be influenced by

  • The kind of insurance you’re looking for
  • Your business size (annual revenue).
  • How many individuals will be covered by the policy
  • Your claims history
  • Which coverage should you choose?

How to get business insurance for contractors in NC?

BizInsure is the most effective method to safeguard your business.

You can get multiple estimates in less than 10 minutes, and choose coverage for your budget and requirements. The policy document is sent directly to your mailbox.

Need help? We’re here to help!

Compare quote today and find A-rated coverage for your North Carolina general contractor company.

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.
Great quality of Service ,faster and convenience way to pay at most. Thank you for your Service to my Healthcare Facility .
Quick and easy!!!!
Great service! Easy process and very informative representative. Andrea was great and very patience with our process. I would recommend using them!!
Terrance R.
Always and easy process. Thanks!
Gerald S.
Renewal was quick and easy online
Angelita K.
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.
Easy to submit an application and to get quotes
Simone S.
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.
advanced U.
Great service. Very professional and cordial. Thanks
Jeremiah U.
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.
Easy to navigate what you need. Always notify ahead of renewal!
Athena T.
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.
this is really easy
Riaz R.
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
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.
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.
Communication was excellent and the process was easy.
Jessie R.
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.
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.
Supreme A.
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.
very quick and prompt service.
Sally Jo W.
caleb was great in helping me navigate thecorrect liabilty insurance for my company
Lindsay Erin P.
Friendly fast service I recommend you to all vendors
Terry R.
Kemi S.
Great Customer service and easy renewal process!!!! I would refer this company to anyone.
Chris H.
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.
Good customer service indeed
Google Rating
Based on 214 reviews