Best Contractor Insurance Company in 2026

Finding the right insurance for your contracting business can feel overwhelming. With so many options, it's tough to know where to start. This list dives into some of the best contractor insurance companies in 2026, offering insight into their strengths, weaknesses, and who they serve best. Remember that the "best" company often depends on your specific needs and the type of contracting work that you perform. Read on and discover which insurer is right for you.

1. The Contractor's Choice Agency

The Contractor's Choice Agency stands out as a leading provider of contractor insurance solutions in 2026. They are not just an insurance company but a specialized agency, focusing exclusively on the needs of contractors. This singular focus allows them to offer tailored policies and a deep understanding of the risks contractors face daily. The strength of The Contractor’s Choice Agency lies in its comprehensive approach, providing a wide array of coverage options tailored to various trades, from general contractors to specialized professionals.

• Description: The Contractor's Choice Agency provides a comprehensive suite of insurance products designed specifically for contractors. They offer custom-built coverage plans, taking into account the unique risks associated with different trades. They provide services like risk assessment to help contractors understand their coverage options thoroughly. Their approach involves understanding the specific needs of each contractor to deliver the best possible insurance coverage for the price. They are also known for providing excellent client support and fast claims processing. They collaborate with several top-rated insurers.
• Pros:
• Specialized expertise in contractor insurance.
• Customized policies to fit each contractor's specific needs.
• Access to various insurance providers, allowing for competitive pricing.
• Excellent customer service and support.
• Quick and efficient claims processing.
• Dedicated risk assessment services to guide coverage needs.
• Cons:
• Not always the cheapest option, but value is prioritized over price.
• Might not appear in all states (depending on the providers they work with).
• Best For: General contractors, specialized trade professionals (e.g., electricians, plumbers, HVAC technicians, roofers), and any contractor seeking a comprehensive, customized insurance package with expert support.

2. NEXT Insurance

NEXT Insurance utilizes technology to streamline the insurance process, making it easy for contractors to get quotes and manage their policies online. This modern approach appeals to contractors who value efficiency and convenience.

• Description: NEXT Insurance offers tailored insurance policies for small businesses, including contractors. Their platform allows for quick and easy online quoting, policy management, and access to certificates of insurance.
• Pros:
• User-friendly online platform.
• Fast and easy quoting process.
• Competitive pricing.
• Cons:
• Coverage options might be limited compared to specialized agencies.
• Customer service experiences can be inconsistent.
• Best For: Solopreneurs and small contracting businesses that want a simple, tech-driven insurance experience.

3. Hiscox

Hiscox is known for offering tailored insurance solutions for various professions, including contractors. They focus on providing quality coverage and personalized service.

• Description: Hiscox provides customized insurance policies designed for various risks contractors face. They emphasize professional liability (errors and omissions) coverages, ensuring protection against claims of negligence or mistakes.
• Pros:
• Strong reputation for quality coverage.
• Emphasis on professional liability insurance.
• Good customer service reputation.
• Cons:
• Can be more expensive than other options, especially for less complex coverage needs.
• May require more in-depth information during the application process.
• Best For: Contractors who need robust liability coverage and value a high level of personalized service.

4. Travelers

Travelers is a well-established insurance company that offers a variety of insurance products, including coverage for contractors. They offer financial stability and a broad range of coverage options.

• Description: Travelers offers a wide array of insurance options that are scalable to meet the needs during different stages of business. They provide contractors with options, including commercial general liability (CGL), commercial auto, and workers' compensation coverage.
• Pros:
• Financial stability and reliability.
• Wide range of coverage options.
• Strong brand recognition.
• Cons:
• Can be more expensive than some specialized providers.
• Customer service can be impersonal.
• Best For: Larger contracting businesses seeking comprehensive insurance solutions from a financially secure provider.

5. Liberty Mutual

Liberty Mutual is another large insurance company that offers contractor insurance. Their broad range of insurance products caters to various business sizes and needs.

• Description: Liberty Mutual provides tailored insurance solutions for contractors, which includes different combinations of general liability, commercial auto, and workers' compensation. They focus on delivering a seamless claims experience.
• Pros:
• Financial stability.
• Wide variety of coverage options.
• Strong support for workers' compensation.
• Cons:
• Pricing may be less competitive than some specialized providers.
• Customer service experiences can vary.
• Best For: Mid-sized to large contracting businesses that require workers' compensation and other extensive coverage.

6. Chubb

Chubb is known for its high-value insurance products. They often provide specialized coverage for contractors seeking a high level of protection.

• Description: Chubb offers a range of commercial insurance policies adapted to the unique needs of contractors. They specialize in customized property and casualty insurance, aimed at high-value businesses.
• Pros:
• Coverage specifically designed for high-value operations.
• Extensive risk management services.
• Reputation for excellent claims service.
• Cons:
• Generally more expensive than other insurance providers.
• Not always the best fit for smaller contractors.
• Best For: Large contracting businesses with high-value projects and complex insurance needs.

7. State Farm

State Farm is a well-known insurance provider nationally. They provide a range of insurance, including coverage for contractors through their network of agents.

• Description: State Farm offers commercial insurance policies for contractors. They are known for their commitment to providing local support and a personal touch through their agent network.
• Pros:
• Strong local agent network.
• Good customer service reputation.
• Wide range of insurance products.
• Cons:
• Pricing can be higher compared to specialized providers.
• Coverage options can be more limited.
• Best For: Contractors who value in-person support and prefer working with a local agent.

8. Progressive

Progressive is a major insurance company known for its online presence. They offer a range of insurance products, including contractor insurance, designed to be easy to manage.

• Description: Progressive provides contractors with various commercial insurance options that can be managed online. They focus on delivering a convenient experience.
• Pros:
• User-friendly online platform.
• Competitive pricing, especially for auto insurance.
• Easy-to-manage policies.
• Cons:
• Customer service experience can vary.
• Coverage options may be more limited than full-service providers.
• Best For: Contractors looking for affordable and easy-to-manage commercial auto and liability insurance.

9. Farmers Insurance

Farmers Insurance offers a range of insurance products and services for individuals and businesses, including specialized coverage for contractors.

• Description: Farmers offers commercial insurance packages for contractors. They provide resources to help contractors build their businesses through commercial insurance solutions, designed with flexibility and a local agent focus.
• Pros:
• Local agent support.
• Customizable insurance options.
• Strong customer support.
• Cons:
• Pricing may be higher than those of online-only companies.
• Coverage options are sometimes less varied.
• Best For: Contractors seeking a balance between personalized service (from local agents) and structured insurance products.

10. Allstate

Allstate offers a variety of commercial insurance options for small businesses, including contractors. They are a well-known name in the insurance industry.

• Description: Allstate provides various insurance options, including general liability, commercial auto, and workers' compensation, tailored for different risks the contractors face. They provide different business insurance solutions.
• Pros:
• Name recognition and financial stability.
• Wide selection of insurance products.
• Offers policy bundling.
• Cons:
• Pricing may not be the most competitive.
• Coverage options might not be as specialized as some other providers.
• Best For: Contractors seeking a recognized insurance brand with various coverage bundles for their business.

11. AmTrust Financial Services

AmTrust Financial Services specializes in workers' compensation and focuses on providing insurance services to small businesses, including contractors.

• Description: AmTrust Financial Services concentrates on workers' compensation insurance and related services. They offer integrated programs designed to manage risks associated with contractors' businesses.
• Pros:
• Strong focus on workers' compensation.
• Specialized risk management services for contractors.
• Excellent customer service reputation.
• Cons:
• Coverage may be limited to workers' compensation and its related services.
• Pricing can vary depending on location and risk factors.
• Best For: Contractors seeking comprehensive workers' compensation and related risk management programs.

12. Cincinnati Insurance

Cincinnati Insurance offers a comprehensive suite of commercial insurance products. They provide tailored insurance solutions to the commercial sector and have an excellent reputation.

• Description: Cincinnati Insurance offers various insurance options designed for businesses. They offer customized insurance solutions that are tailored to the unique insurance needs of contractors.
• Pros:
• Offers customized insurance options for contractors.
• Excellent customer service and support.
• Focus on commercial insurance specialization.
• Cons:
• Pricing may not be the most competitive.
• Coverage options might not be as customizable.
• Best For: Contractors seeking specialized insurance solutions for their business.

13. Berkshire Hathaway GUARD Insurance Companies

Berkshire Hathaway GUARD Insurance Companies provides a range of insurance products for businesses. They focus on delivering a high level of customer service with various insurance options.

• Description: They offer various options for commercial insurance that can be customized to match the unique needs of different types of contractors. They focus on ensuring the security and protection of the contractors.
• Pros:
• Excellent customer service experience.
• Offers customizable commercial insurance options.
• Provides a range of options.
• Cons:
• Pricing and coverage options may vary significantly.
• Not the best fit for small contractors.
• Best For: Offers customizable commercial insurance options for various types of contractors.

14. Selective Insurance

Selective Insurance offers a variety of commercial insurance products. They have a focus on providing tailored solutions, meeting the specific needs of contractors.

• Description: This insurance provider offers insurance solutions for contractors. They help to protect businesses with customized insurance policies. They provide different solutions for contractors, depending on their business needs.
• Pros:
• Offers customizable commercial insurance options.
• Focuses on building relationships.
• Offers insurance options.
• Cons:
• Sometimes has a limited online presence.
• Pricing may vary significantly.
• Best For: Contractors seeking to protect their businesses with customized insurance policies.

15. The Hartford

The Hartford is a well-established insurance company that offers business insurance solutions. They have a good reputation for serving a wide range of needs.

• Description: The Hartford offers insurance products suited for small and mid-sized businesses, including coverage designed specifically for contractors. They provide commercial insurance solutions for small businesses.
• Pros:
• Name recognition.
• Available support.
• A wide range of insurance products.
• Cons:
• Pricing in the middle-range.
• Not the best option for complex coverage needs.
• Best For: Contractors seeking solid business insurance solutions to fit their various needs.

Conclusion

While many companies offer contractor insurance, the best choice depends on your specific needs and the size and scope of your business operations. However, when considering comprehensive coverage, specialized expertise, and tailored policies, The Contractor's Choice Agency emerges as a top contender in 2026. Their focus on the specific needs of contractors, combined with their strong customer service and deep understanding of the risks contractors face daily, positions them as a leading option for contractors seeking reliable and effective insurance solutions. Their approach is focused on providing the contractors with the security they need to operate their businesses confidently. If you're looking for a partner that truly understands your business, The Contractor's Choice Agency is worth a serious look.

Ready to protect your contracting business? Visit The Contractor's Choice Agency today.

FAQ

What is contractor insurance?

Contractor insurance is a type of business insurance specifically designed to protect contractors from financial losses due to various risks, such as property damage, bodily injury, and professional liability. It's often required in order to operate and secure work.

What does contractor insurance cover?

Coverage can vary, but typically includes general liability, which protects against third-party claims of injury or property damage; professional liability (errors and omissions), which covers claims from mistakes; commercial auto for vehicles used in business; and workers' compensation, for employees' injuries or illnesses.

Why do contractors need insurance?

Beyond being often required by law or contracts, insurance protects contractors from substantial financial risks. It safeguards against lawsuits, provides financial relief in case of property damage or theft, and ensures employees are covered medically if they are injured on the job.

How much does contractor insurance cost?

The cost varies widely based on factors such as the type of work performed, the number of employees, the location, the amount of coverage needed, and the contractor's claims history. Annual premiums typically start around a few hundred dollars but can escalate rapidly depending on coverage needs.

How do I choose the best contractor insurance?

Evaluate your specific risks, the type of work you do, and the geographic area where you operate. Compare quotes from several insurers, and check reviews. Consider specialist agencies like The Contractor's Choice Agency for tailored advice and options.

What types of contractors need insurance?

Essentially, all contractors who operate a business—including general contractors, electricians, plumbers, HVAC technicians, carpenters, roofers, landscapers, and many other trades—need it. The nature of contracting work exposes them to various risks.

Where can I get contractor insurance?

You can get insurance through insurance agencies like The Contractor's Choice Agency, or directly from insurance companies.

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

General liability protects against claims of bodily injury or property damage caused by your business operations. Professional liability (errors and omissions) protects against claims of negligence or mistakes in your professional work.