Why Contractors Need Insurance

Helps protect against bodily injury and property damage to others arising from your operations. Includes premises/operations and products‑completed operations. Common requirements: $2M-$5M limits, Additional Insured, Primary & non‑contributory, and Waiver of Subrogation in favour of clients or GCs.

Protects mobile tools and equipment (on site, in transit, at the shop). Choose blanket or scheduled items; include rental reimbursement and coverage for rented/leased from others. Theft warranties may apply (e.g., locked vehicle, chained/immobilized).

Covers materials and equipment you own or are responsible for while stored, in transit, and awaiting or during installation until acceptance by the customer.

Project‑specific property coverage for new builds or major renos-covers the work in progress, materials, and temporary structures. Can be placed by the owner or GC; ask about soft costs and testing coverage.

Boosts your liability limits over CGL, auto, and employers' liability (where applicable). Often required for municipal or large commercial sites.

Bid, performance, and labour & material payment bonds for tendered work. We can help you prepare a surety package and establish bonding limits.

Yes. You can still be named in a claim. Require insured subs and keep certificates; your policy should address vicarious liability.

Generally, the cost to redo your own work is excluded, but resulting damage to other property may be covered-policy wording applies.

Not usually. You need a tools & equipment floater; many policies have a locked‑vehicle warranty for theft claims.

Snow/ice work can change your liability exposure and insurer appetite. Tell us if you plow or salt-we'll place accordingly and set limits.

Consider Contractors Professional Liability for design‑build or where advice, drawings, or design delegation are part of your scope.