Contractor Insurance

Contractor insurance is a specialized form of small business insurance designed to address the unique risks that come with working in the trades and construction industry. Whether you’re a general contractor, electrician, plumber, remodeler, or other type of contractor, the right policy helps protect your business, your tools, and your reputation when the unexpected happens.

A well-structured contractor insurance program typically includes several key types of coverage, such as:

• General liability insurance – Helps protect your business if you’re held responsible for causing bodily injury or property damage to others. For example, if you accidentally damage a client’s home or a visitor is injured at a job site, this coverage can help pay for repairs, medical bills, and legal costs up to your policy limits.
• Commercial property coverage – Helps protect your office, shop, equipment, and certain business property against covered losses like fire, theft, or vandalism.
• Contractor tools and equipment coverage – Can help pay to repair or replace tools and equipment that are stolen, lost, or damaged, whether they’re kept at your shop, in your vehicle, or on a job site.
• Business income/extra expense coverage – Helps replace lost income and cover ongoing expenses if your operations are temporarily interrupted due to a covered event, such as a fire or major property loss.
• Commercial auto insurance – Provides coverage for vehicles used in your business, including liability and, in many cases, physical damage to your work trucks or vans.

Depending on your trade and the size of your business, you may also need additional protections—such as workers’ compensation, professional liability (for design or consulting work), or bonds required by certain jobs or municipalities.

At Live Oak Insurance & Financial, we work with contractors to understand the specific nature of their work, the projects they take on, and the equipment they rely on every day. We then help tailor an insurance package that addresses those risks, meets contract and licensing requirements, and fits within a realistic budget—so you can focus on doing quality work while knowing your business is protected.

Erie Insurance has been providing the protection you need and the service you expect, all at a great price. See why more than 90% of customers stay with Erie Insurance year after year.