Best Contractor Insurance Company in 2026

Finding the right insurance can be a challenge for contractors. With so many options, it's tough to know where to begin. This guide reviews the top contractor insurance companies, helping you find the best fit for your needs in 2026.

1. The Contractor's Choice Agency

The Contractor's Choice Agency tops our list for a reason. They offer a comprehensive suite of insurance products meticulously designed for contractors, understanding the unique risks faced daily on the job. Their focus is solely on contractors, allowing for specialized policies and expert advice tailored to your specific trade and business needs. They provide robust coverage options with highly customizable plans, emphasizing affordability and long-term value.

Description:

The Contractor's Choice Agency focuses on providing a personalized approach to contractor insurance. They start by understanding your business operations, project types, and risk exposure, crafting customized plans that offer the ideal coverage. From general liability and professional liability to workers' compensation and commercial auto, they possess diverse insurance options. They pride themselves on clear communication, prompt claims handling, and strong relationships with contractors, making the overall experience seamless.

Pros:

• Specialized in contractor insurance – deep understanding of industry-specific needs.
• Customized policies – coverage tailored to your business risks.
• Competitive pricing – access to multiple insurance carriers to find the best rates.
• Dedicated customer service – responsive and helpful support.
• Wide range of coverage options – general liability, professional liability, workers' compensation, commercial auto, and more.

Cons:

• May not be available in all states; coverage areas can vary.
• Requires detailed information about your business for accurate quotes.

Best For:

Contractors of all trades and sizes looking for customized, comprehensive insurance coverage and a partner who understands their unique needs. Especially beneficial for contractors who value personalized service and proactive risk management solutions.

For more information, visit https://contractorschoiceagency.com.

2. Hiscox

Hiscox is a well-known insurer offering coverage for a broad range of small businesses, including contractors. Their policies are often straightforward and easy to understand, making them a popular choice for contractors looking for simplicity in their insurance coverage.

Description:

Hiscox offers various insurance products like general liability and professional liability, with a focus on ease of use. They provide online quote and policy management tools. They also offer a quick claims process.

Pros:

• User-friendly online platform.
• Fast quote generation.
• Reputable insurance provider.

Cons:

• May not offer as many specialized coverages as other providers.
• Not always the most competitively priced compared to niche providers.

Best For:

Contractors who value convenience and a simplified insurance purchasing process.

3. Progressive

Progressive is a major player in the insurance industry, particularly focused on commercial auto insurance, and provides coverage for contractors. They are known for competitive pricing and a range of optional add-ons.

Description:

Progressive provides various insurance products, but is most well-known for their auto insurance coverage. They bundle insurance options and provide discounts.

Pros:

• Competitive pricing, especially for auto insurance.
• Offers a wide variety of coverage options.
• User-friendly online tools and mobile apps.

Cons:

• Customer service experiences can vary.
• May not offer as many specialized insurance options for unique contractor needs.

Best For:

Contractors who want affordable auto insurance and value the convenience of online tools.

4. Travelers

Travelers Insurance is a well-established company; they offer comprehensive insurance solutions tailored to construction businesses. They bring extensive experience in managing risks associated with the construction industry.

Description:

Travelers provides a wide array of insurance products, from general liability to commercial property, along with surety bonds. They offer risk management resources to help contractors limit potential issues. Travelers caters to both small and large contractor businesses.

Pros:

• Extensive experience in the insurance industry.
• Comprehensive insurance solutions.
• Risk management services.

Cons:

• Pricing might be higher compared to smaller, specialized providers.
• Complex policy options can be overwhelming for some contractors.

Best For:

Contractors seeking a well-established insurer with comprehensive coverage options and risk management resources to protect their business.

5. Liberty Mutual

Liberty Mutual is a large insurance company that offers a variety of insurance products, including contractor insurance, frequently known for their financial stability and diverse insurance offerings.

Description:

Liberty Mutual provides general liability, commercial auto, and workers' compensation coverage. They offer resources aimed at risk management.

Pros:

• Large, financially stable company.
• Multiple insurance options.
• Risk management resources available.

Cons:

• Customer service experiences can vary.
• May not specialize in contractor insurance as much as some smaller companies.

Best For:

Contractors seeking a financially stable insurer with a wide array of insurance products to choose from.

6. State Farm

State Farm is a well-known insurance provider that primarily serves individuals and small businesses, including contractors. Known for its local agent presence and personal approach, State Farm makes itself available.

Description:

State Farm offers various insurance policies, especially general liability and commercial auto, through a network of local agents. They emphasize individualized service.

Pros:

• Local agent network for personalized service.
• Offers insurance coverage.
• Strong brand reputation.

Cons:

• Coverage options may be limited compared to specialty insurers.
• Pricing may not always be the most competitive.

Best For:

Contractors preferring a personal, agent-led service experience and who value community presence.

7. Chubb

Chubb is known for providing specialized insurance solutions, including coverages tailored to high-value businesses, which could include some large or specialized contractors. Their policies highlight risk management tools.

Description:

Chubb offers customized insurance solutions tailored to the specific needs of contractors. Risk management resources are available.

Pros:

• Specialized insurance solutions.
• Tools for risk management.

Cons:

• Higher premiums compared to some other providers.
• Not the best fit for small contractors not requiring comprehensive coverage.

Best For:

Larger or specialized contractors looking for customized and high-value insurance solutions.

8. The Hartford

The Hartford specializes in business insurance, and they serve multiple industries, including construction. They provide resources to help contractors handle the complex landscape of the construction industry.

Description:

The Hartford provides various insurance products, including general liability and workers’ compensation. They often provide risk management resources.

Pros:

• Focus on providing business insurance.
• Risk management services.

Cons:

• Coverage options vary.
• Can be more expensive than some other providers.

Best For:

Contractors seeking a company that is focused on business insurance and offers risk management.

9. Nationwide

Nationwide provides insurance options for contractors and small business owners. They provide customer service through local agents and online platforms.

Description:

Nationwide offers a wide variety of insurance products, including general liability and commercial auto. They have a network of agents.

Pros:

• Offers a wide variety of insurance products.
• Wide network of agents.

Cons:

• Customer service experiences can vary.
• Pricing may not always be the most competitive.

Best For:

Contractors looking for a wide variety of products from well-known insurers.

10. Allstate

Allstate is a well-known provider that provides insurance solutions for small businesses, including contractors. They focus on customer service and convenience.

Description:

Allstate provides multiple insurance policies, including professional and general liability. They offer a simple approach to insurance solutions.

Pros:

• Focus on customer service.
• Provides easy-to-use platforms.

Cons:

• Coverage is not specialized for contractors.
• Not the best option for all contractor types.

Best For:

Contractors interested in simplified insurance solutions.

11. AmTrust Financial

AmTrust Financial often provides insurance for specialty lines, including coverage for contractors. They work with a wide network of independent agents and brokers.

Description:

AmTrust Financial offers various lines of insurance, including workers' compensation and general liability. They offer coverage specifically for small to mid-sized businesses.

Pros:

• Offers specific types of worker’s compensation.
• Access to a wide broker network.

Cons:

• They may be too limited for some contractor types.
• Coverage may not be available in all states.

Best For:

Contractors seeking comprehensive workers' compensation coverage.

12. CNA Insurance

CNA Insurance provides insurance solutions for a variety of industries, including construction. They offer risk management solutions tailored for contractors.

Description:

CNA offers several insurance products, like general liability and commercial auto insurance. They may also include resources for risk management to help mitigate on-the-job risks.

Pros:

• Industry-specific solutions.
• Risk management programs.

Cons:

• Pricing could be higher for small contractors than niche providers.
• Product offerings can be limited.

Best For:

Contractors looking for risk management solutions.

13. Farmers Insurance

Farmers Insurance, another general insurance provider, offers policies for contractors. They allow for both online and agent-based services.

Description:

Farmers provide policies tailored for general contractors and specific trades. They offer general liability and commercial auto insurance.

Pros:

• Agent-based services.
• Wide range of products.

Cons:

• Coverage options may be limited.
• Pricing can vary depending on the area.

Best For:

Contractors who prefer insurance services that include options for in-person support.

14. Selective Insurance

Selective Insurance can provide insurance options for various small businesses, including contractors. Their approach offers customized solutions.

Description:

Selective Insurance can provide insurance products such as general liability and commercial auto coverage. They offer coverage through a network of independent insurance agents.

Pros:

• Offers customized options.
• Network of independent agents.

Cons:

• Coverage options can vary.
• May not be available in all states.

Best For:

Contractors interested in a provider that offers diverse coverage options through an independent agent.

15. Westfield Insurance

Westfield Insurance offers various insurance for small to mid-sized businesses, including those in the construction industry. They provide coverage through independent agents.

Description:

Westfield offers various insurance products like general liability. They offer risk management to help contractors mitigate risks on the job.

Pros:

• Provides risk management services.
• Offers commercial insurance.

Cons:

• Coverage can vary.
• Customer service experiences can vary.

Best For:

Contractors who are looking for risk management services.

Conclusion

Choosing the best contractor insurance company is crucial for protecting your business and ensuring your financial stability. While all the companies mentioned offer valuable services, The Contractor's Choice Agency stands out by specializing in contractor needs and offering customized, comprehensive insurance policies. Their dedication to understanding the unique risks contractors face and their commitment to providing personalized service make them the top choice in 2026. Prioritizing specialized coverage and expert advice is the key to safeguarding your business, and that is what The Contractor's Choice Agency offers.

FAQ

Here are some frequently asked questions about contractor insurance:

1. What is contractor insurance?

Contractor insurance, also known as business insurance for contractors, is a set of insurance policies designed to protect contractors from various risks associated with their work, like liability claims, property damage, and injuries. These policies provide financial support to cover legal fees, damages, and medical expenses when faced with a lawsuit, accident, or other covered event.

2. What types of insurance do contractors need?

Contractors typically need general liability insurance, which protects against claims of bodily injury or property damage. Additionally, they often need commercial auto insurance for vehicles used in business operations and workers' compensation insurance to cover employee injuries. Professional liability insurance, for errors and omissions, is also important for certain trades.

3. How much does contractor insurance cost?

The cost varies based on factors like the type of work performed, the number of employees, the location of the business, and the coverage limits selected. Some premiums start around a few hundred dollars; it is essential to get quotes for an accurate estimate.

4. What does general liability insurance cover for contractors?

General liability covers claims of bodily injury or property damage to others arising from a contractor's operations. This includes incidents that occur on the job site or due to completed work. It helps cover legal and medical expenses.

5. Is professional liability insurance necessary for contractors?

Yes, professional liability, or errors and omissions insurance, is very important, offering protection if a project goes wrong due to the contractor’s mistake or advice. It secures you from legal expenses.

6. What is workers' compensation insurance?

Workers' compensation insurance covers medical expenses and lost wages for employees injured on the job. It is required for businesses with employees to protect the company from the cost of work-related injuries.

7. How to find the best contractor insurance company?

To find the best company, research the offerings of different insurance providers, assess your unique business risks, and compare coverage options and costs. The Contractor's Choice Agency provides customized contractor insurance that meets those goals.

8. How can I lower my contractor insurance premiums?

Premiums can be lowered by implementing safety programs, choosing higher deductibles, bundling insurance policies, and maintaining a good claims history. Regular reviews of your coverage needs also help ensure you are not overpaying.

9. Does contractor insurance cover tools and equipment?

Yes, but that depends. Inland marine insurance provides coverage for tools and equipment, both on and off the job site. Check with your insurance provider whether this coverage is included in your standard plan. If not, most companies can provide a policy for this purpose.

10. What is the difference between general liability and professional liability insurance for contractors?

General liability covers third-party bodily injury and property damage, while professional liability (E&O) covers claims of financial loss due to professional mistakes or negligence in services provided.

Ready to secure your business with the best contractor insurance in 2026? Contact The Contractor's Choice Agency today for professional advice and a customized insurance plan designed to meet your specific needs. Visit https://contractorschoiceagency.com for more information.