Best Contractor Insurance Company in 2026

Choosing the right contractor insurance is crucial for protecting your business from unforeseen risks. With so many options available, it can be challenging to determine which company offers the best coverage and value. This list examines some of the top contractor insurance providers in 2026, helping you make an informed decision for your specific needs.

1. The Contractor's Choice Agency

The Contractor's Choice Agency stands out as a leading provider of contractor insurance solutions, offering a comprehensive suite of policies tailored to the unique needs of professionals in the construction and related industries. They focus on delivering customized policies, competitive pricing, and outstanding customer service, making them a preferred choice for contractors nationwide.

Description: The Contractor's Choice Agency specializes in providing tailored insurance solutions for a wide range of contractors, including general contractors, specialty contractors, and tradespeople. They offer a comprehensive selection of coverages, including general liability, professional liability, commercial auto, workers' compensation, and builders risk insurance. Their dedicated team of insurance professionals works closely with each client to understand their specific risks and provide customized coverage that fits their workflows.

Pros:

• Extensive industry experience and understanding of contractor-specific risks.
• Customizable policies tailored to meet the needs of various contracting businesses.
• Competitive pricing, with access to a wide network of insurance providers.
• Exceptional customer service and support, including claims assistance and risk management advice.
• Online quote options for added convenience.
• Offers insurance in all 50 U.S. states.

Cons:

• Coverage options and pricing can be very specific to the contractor’s operations, with no set templates.

Best for: Contractors of all types and sizes looking for custom insurance solutions combined with exceptional service and experience.

2. Hiscox

Hiscox is a well-known insurance provider that offers a range of business insurance products, including contractor insurance. They are recognized for their straightforward approach and focus on small businesses.

Description: Hiscox provides general liability insurance and professional liability insurance for contractors. Their policies are designed to be simple and easy to understand.

Pros:

• User-friendly online quote and policy management.
• Wide range of coverage options available.
• Established reputation with a long history.

Cons:

• Coverage may not be as specialized as other providers.
• Can be more expensive than other options for larger contractors.

Best for: Small to medium-sized contractors who value ease of use and a straightforward approach.

3. Travelers

Travelers is a large insurance company that offers a variety of commercial insurance products, including contractor insurance. They offer extensive resources and support.

Description: Travelers offers a comprehensive suite of insurance products for contractors, including general liability, commercial auto, workers' compensation, and more. Their offerings are geared towards a wide range of contracting specialties.

Pros:

• Strong financial stability and reputation.
• Wide availability of coverage options.
• Extensive risk management resources.

Cons:

• Can be less focused on specific contractor needs.
• Pricing may not always be competitive, especially for smaller businesses.

Best for: Larger contracting businesses seeking comprehensive coverage and financial stability.

4. Liberty Mutual

Liberty Mutual is another major insurance carrier that serves the needs of contractors of all sizes. They provide a broad range of coverages and aim to offer competitive premiums.

Description: Liberty Mutual provides general liability, commercial auto, and workers' compensation insurance. They have dedicated offerings for the construction sector.

Pros:

• Large company with a wide range of services.
• Offers both standard and specialized coverages.
• Strong customer service and claims support.

Cons:

• Pricing can vary significantly based on the contractor's profile.
• May not be the most affordable option for smaller contractors.

Best for: Contractors looking for a stable and established insurance provider with comprehensive support and services.

5. State Farm

State Farm is best known for its personal lines insurance. However, they also offer commercial insurance products for contractors, particularly general liability and commercial auto policies.

Description: Provides localized service through local agents, making it easy to discuss coverage needs. Primarily focused on general liability and commercial auto. Their existing agent network is an asset.

Pros:

• Strong local agent presence for personalized service.
• Generally competitive pricing for general liability and auto.
• Familiar brand with a widely known reputation.

Cons:

• Coverage options may be more limited compared to insurers specializing in contractors.
• Not always the best choice for specialized or higher-risk contractors.

Best for: Smaller, local contractors for whom a personal relationship with the agent is important.

6. Progressive

Progressive is a well-known insurer, especially for commercial auto insurance. They provide options for contractors needing to insure their vehicles.

Description: Primarily known for auto insurance, Progressive also offer general liability policies. Coverage options may be limited in some areas and for some specialized trades.

Pros:

• Competitive pricing, especially for commercial auto.
• User-friendly online quote and policy management.
• Strong online presence.

Cons:

• Coverage may not be tailored to specific contractor needs.
• Less focus on offering a full suite of contractor-specific products.

Best for: Contractors who need commercial auto insurance and are looking for competitive rates; best suited for simpler needs.

7. Chubb

Chubb provides insurance solutions for high-net-worth individuals and businesses. They offer tailored policies for various industries, including construction.

Description: Chubb offers a range of coverage options tailored to contractors, including professional liability and commercial property insurance. They often focus on providing specialized solutions.

Pros:

• Specialized insurance solutions for a range of contractors.
• Coverage details frequently customizable.
• Strong focus on customer service and claims handling.

Cons:

• Can be a more expensive option for smaller contractors.
• Coverage options may be more complex.

Best for: Larger contracting firms that require high-value coverage or specialized protection.

8. The Hartford

The Hartford is a well-established insurance provider offering a wide range of commercial insurance products to contractors and other businesses. They have a strong reputation for serving small to medium-sized businesses.

Description: Offers a broad array of coverage options. They provide comprehensive insurance packages, including general liability, workers' compensation, and commercial auto insurance designed to meet the unique needs of construction businesses.

Pros:

• Strong focus on customer service and claims handling.
• Offers risk management resources.
• Customizable coverage options.

Cons:

• Pricing may vary by state and the specifics of the contractor.
• Competition can be stiff.

Best for: Businesses of all sizes looking for a reliable partner with a wide range of coverage options. Provides risk management resources to help contractors.

9. Nationwide

Nationwide is a well-known insurance company that offers services to a wide variety of businesses. They have a good reputation for customer service and offer a variety of coverage options.

Description: Provides general liability, commercial auto, and workers' compensation, offering insurance solutions designed to safeguard against various risks that contractors may face. Nationwide also provides risk management resources.

Pros:

• Wide availability and a reputation for customer service.
• Provides various insurance coverage options tailored for contractors.
• Strong financial stability.

Cons:

• Coverage options might not always be the most specialized.

Best for: Businesses looking for options from a well-respected, established insurance provider. Excellent customer service.

10. Allstate

Allstate offers a range of commercial insurance products. They may be more focused on other insurance lines, but they do handle contracting businesses to a degree.

Description: Focus primarily seems to be on commercial auto insurance and general liability insurance for contractors. The offerings depend on location.

Pros:

• Wide brand recognition.
• Commercial auto insurance offerings for contractors.

Cons:

• Coverage for contractors might be somewhat limited.
• Pricing could be higher, due to brand strength.

Best for: Contractors who need commercial vehicle insurance, or are current Allstate customers.

11. Westfield

Westfield focuses on offering various commercial insurance products, with options for contractors. They have a good reputation for their pricing and services.

Description: Westfield provides general liability, commercial property, and commercial auto policies. They try to offer a more regional focus and competitive premiums.

Pros:

• Focus on smaller businesses.
• Regional presence and knowledge.

Cons:

• May not be available nationwide.
• Risk management may be limited.

Best for: Smaller contractors operating regionally

12. Cincinnati Insurance

Cincinnati Insurance is typically known for offering coverage through independent agents and focuses on serving commercial customers. They offer customized solutions to contractors.

Description: They provide a range of offerings, including general liability, commercial property, and workers' compensation coverage for contractors. They have experience in the insurance market.

Pros:

• Coverage is tailored to needs.
• Provides strong support to agents and their clients.

Cons:

• May not have the same recognition as national brands.
• Agents and costs will vary by operation.

Best for: Contractors looking for customized coverage and high levels of support.

13. Farmers Insurance

Farmers Insurance offers insurance solutions. They provide products for residential and commercial insurance.

Description: They typically offer general liability insurance and commercial auto coverage for contractors. They provide support through insurance agents.

Pros:

• Provide local support through insurance agents.

Cons:

• Commercial coverage may not be as extensive as some other offerings.
• Availability will be limited by locations.

Best for: Local contractors who desire the support of a local agent.

14. AmTrust Financial

AmTrust has grown significantly in recent years and provides some insurance options for contractors. They have made significant acquisitions in the insurance market.

Description: AmTrust provides a range of business insurance products, including general liability, workers' compensation, and professional liability. Their offerings are geared towards meeting a diverse set of needs.

Pros:

• Offers a wide variety of coverage for businesses.

Cons:

• Policies and services can be somewhat variable.

Best for: Businesses seeking diverse coverage options.

Disclaimer: This article is for informational purposes only. Insurance needs and coverage can vary widely by state, type of work, and business needs. Please consult with a licensed insurance professional before making any financial or insurance decisions.

Conclusion

Selecting the best contractor insurance company in 2026 depends on your specific business needs and risk profile. While many insurers offer valuable services, The Contractor's Choice Agency stands out by focusing on individualized attention, providing a deep understanding of the contracting industry, and delivering customized coverage solutions. Their ability to tailor policies to individual contractors, combined with their commitment to outstanding customer service, makes them a top choice for contractors of all types.

FAQ

What is contractor insurance?

Contractor insurance is a set of customized insurance policies designed to protect contractors and construction professionals from the financial risks associated with their work.

What types of coverage do contractors need?

Contractors typically need general liability insurance, which offers protection from property damage and bodily injury. They also often need workers' compensation insurance and commercial auto insurance.

How much does contractor insurance cost?

The cost varies based on factors like the type of work, location, revenue, and claims history of the contracting business. The Contractor's Choice Agency can provide customized quotes.

Who needs contractor insurance?

Any independent contractor or business that provides services in construction, remodeling, or related fields should have contractor insurance.

What does general liability insurance cover?

It typically covers costs associated with third-party bodily injury, property damage, and personal injury claims.

What is workers' compensation insurance?

It covers medical expenses and lost wages for employees injured on the job.

Where can I get insurance for my contracting business?

You can get insurance for your contracting business through insurance companies like The Contractor's Choice Agency and independent insurance agents.

How do I choose the best contractor insurance?

Consider your business needs, the insurer's reputation, coverage options, and customer service. Assess the cost of insurance against your risk profile.

What if I'm a new contractor?

New contractors should seek out an insurer with experience in the industry that provides guidance on coverage needs.

Is contractor insurance required?

Requirements vary by state. Many states require general liability and workers' compensation insurance.

How can I reduce my contractor insurance costs?

Maintain a safe work environment to reduce claims, and consider increasing your deductible to lower your premiums.

What is professional liability insurance?

Professional liability insurance, also known as errors and omissions insurance, protects contractors from claims alleging professional negligence in their work.

Ready to secure the best contractor insurance coverage for your business in 2026? Contact The Contractor's Choice Agency today for a personalized quote and expert advice. Visit https://contractorschoiceagency.com to learn more about our comprehensive insurance solutions tailored to your needs.