Contractors & Trades Insurance
Workers Compensation Insurance
for Contractors & Trades
Construction is among the most injury-prone industries in the country. Workers compensation covers medical treatment and lost wages when your employees are hurt on the job, and it's legally required in virtually every state once you have employees on payroll.
Industry-Specific Insight
Why Contractors & Trades Businesses Need Workers Compensation Insurance
Construction is among the most injury-prone industries in the country. Workers compensation covers medical treatment and lost wages when your employees are hurt on the job, and it's legally required in virtually every state once you have employees on payroll.
Coverage Details
What Workers Compensation Insurance Covers
Key protections included in a workers compensation policy for contractors & trades operations.
FAQs
Common Questions from Contractors & Trades Businesses
Do I need workers comp for just one or two employees?
In most Southern states, yes — requirements kick in with one to three employees. Even if not required, it protects you from costly injury lawsuits.
What does workers comp cost for a contractor?
Rates are based on your payroll and classification code (the type of work performed). High-risk trades like roofing and electrical have higher rates than interior finish work.
Is workers compensation required?
In most states, yes — businesses with one or more employees are required to carry workers comp. Requirements vary by state and sometimes by industry or number of employees. A licensed agent can clarify what applies in your state.
What happens if I don't carry workers comp and an employee is injured?
You could be personally liable for the employee's medical costs and lost wages, face significant fines, and be exposed to a lawsuit. The financial and legal exposure of operating without required coverage is substantial.
Complete Coverage
Other Coverages Contractors & Trades Businesses Commonly Need
A complete protection plan for contractors & trades operations typically includes several complementary coverages.
Contractors & Trades · Workers Compensation
Get Workers Compensation Coverage for Your Contractors & Trades Business
Our licensed agents specialize in contractors & trades insurance. We compare options from 96+ carriers to find the right workers compensation coverage at a competitive price.