General Contractor Insurance in Virginia

  • 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 Virginia?

Construction is one of the biggest industries that is found in The Old Dominion. It is estimated that around 65,900 sole traders work in the industry.

Construction sites can be dangerous places to work. A simple accident can create an expensive liability problem for small-sized companies. Contractor insurance in Virginia protects your business from mishaps, delays or other issues.

Contractor insurance is the abbreviated name for the coverages that a contractor may consider.

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

Learn more about Virginia contractor’s insurance and learn how you can get the most suitable policy for your company through BizInsure.

Who may need contractor insurance in Virginia?

Contractors often purchase insurance policies to protect their personal and business finances. General Liability and other insurance policies can be a vital security net for your company.

Certain types of insurance may be required for certain customers (and this requirement is often written in business contracts.

Choose your occupation to learn more about the options for insurance that are available, and then request with a quote to get a customized insurance quote.

Customer service icon

Call our licensed agents now

Relax knowing that you have the correct insurance at a reasonable price.
BizInsure agents are licensed and knowledgeable to assist you in choosing coverage for your business.

What are the typical contractors insurance policies in Virginia?

There are a variety of contractor insurance that Virginia tradespeople typically consider. These policies will help you deal with the risks that are common to general contractors working on their jobs.

General Liability insurance

On the construction site, anything can happen. Your business could suffer from an innocent action, like leaving your equipment in the wrong spot.

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

Virginia contractors can safeguard their bank accounts by purchasing General Liability insurance. This insurance pays your legal costs should someone alleges your actions injured or damaged their property. It can also pay to fix the situation (up to the limits of the policy) through the payment of medical bills repairs, costs for repair or replacement expenses.

Business Owner’s Policy

If you’re in the construction business it isn’t always smoothly. Incomplete projects, damaged tools, or other issues can make it difficult to finish your job as promised.

A 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 are customizable to include options to cover your specific business needs. It can be a practical and cost-effective way to protect yourself from the many dangers that general contractors are exposed to.

Workers’ Compensation Insurance

You are accountable for the health and well-being of your employees as they work.

Workers’ Compensation insurance protects you against medical expenses and lawsuits that can arise from employee workplace injuries and illnesses. It could also pay lost wages as a result of the work injuries that an employee sustains.

In Virginia, Workers’ Compensation insurance is required for businesses with more than two employees.

What does contractors insurance cover in Virginia?

Contractor insurance can cover your business against many types of risks. Based on the type of coverage you select, you may be protected for situations such as:

  • Claim for injury and property damage to third parties (General Liability)
  • Unexpected business interruptions(Business Owner’s Policy)
  • Equipment breakdown (Business Owner’s Policy)
  • Employee workplace accidents and illnesses (Workers’ Compensation)

Virginia general contractor insurance cost

The cost of business insurance varies because insurers look at many factors to determine the cost of each cost. Costs to your business can differ based on variables like:

  • What kind of insurance do you need?
  • Your annual income (size of business)
  • What is the maximum number of people that the policy able to cover?
  • Your claim history
  • Your choice of the coverage amount

How BizInsure helps contractors thrive in VA

BizInsure can help you safeguard your company.

You can get multiple estimates in less than 10 minutes and select the most appropriate coverage that fits your budget and requirements. With policy documents sent straight to your email, you’re covered immediately.

Do you need assistance? Our licensed agents are available to assist you at any point along the way.

Compare multiple quotes and choose A-rated coverage for your Virginia 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
great customer services.
This company allowed us an amazing experience, including very efficient, detail-oriented, and patient guidance from their commercial sales agent, Jenifer. I highly recommend this service for anyone in need of a business insurance policy.
Jennifer was very helpful and great to work with.
Very professional, fast and reliable. I appreciate their knowledge and experience. They have made this journey easier for me.
Very easy to renew! Thank you
super quick and easy process!
I am very satisfied with Bizinsure. No regrets
Very professional, easy, and thorough application process.
BizInsure is efficient and price friendly. I definitely reccommend them to anyone. Thank you.
Very easy to work with, cost effective, prompt renewal and easy to get certificates of insurance instantly. I use them exclusively for my professional and general liability insurance needs as a consultant.
Great process and very efficient.
Friendly and very fast service!
Jennifer Whiscombe, is an amazing agent. She was very knowledgeable, thorough and friendly. I highly recommend.
They make it very easy to buy insurance and renew.
As a business owner I love not wasting time. Thank you so much for giving me more time
Very straight forward, the cost of coverage amount made sense, simplicity was appreciated.
Always easy. Thank you.
A Company that is easy to deal with and that I have used for several years. I appreciate the continued support.
Very easy and affordable!
Responsive and professionalCompetitive price. I highly recommend Bizlnsure as an insurance provider
Your service is easy to renew as needed and your company informs the client in advance for renewal.
It has been a pleasure doing business with Biz Insure Llc.Their representatives are very courteous, helpful and customer service oriented.
Quick and easy....
I follow the instructions & would prefer to paid every month. I did not have the options to pay every month.
Thank you, Amy, for making my experience enjoyable and funny. Thank you so much for your kindness!!!
I'm pleased with the business quote I received from Bizinsure LLC. Thank You!
Very satisfied with the online experience
Been a happy customer for years! Easiest company to receive a quote and get insured. No hassles! Easy payment! Finance plans, if needed!
Love it
Every year, BizInsure is my go to for general and professional liability insurance! Thenrates are unbeatable.
The agent was quick and efficient in generating a quote for my needs.
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!
Very easy to sign up for insurance.
Great company
Fast and efficient!
Google Rating
Based on 279 reviews