NeedBizInsurance
Coverage by Profession · United States · 2026

Business Owner's Policy for general contractors

Business Owner's Policy is typically optional for general contractors. If you have an office or shop.

Requirement
Optional
Average cost
$800.00–$2500.00/yr
Business risk
very-high
01

How business owner's policy applies

If you have an office or shop.

02

What affects the price

Office/shop value
03

Best carriers for business owner's policy for general contractors

Embroker
AM Best: A
direct
professional-liabilitygeneral-liabilityworkers-compensationcyber-liability
Hiscox
AM Best: A
direct
professional-liabilitygeneral-liabilitycyber-liabilitybusiness-owners-policy
NEXT Insurance
AM Best: A-
direct
general-liabilityworkers-compensationcommercial-autobusiness-owners-policy
Simply Business
AM Best: A
direct
general-liabilityprofessional-liabilityworkers-compensationcommercial-auto
04

Business Owner's Policy for General Contractors — FAQ

Do general contractors need business owner's policy?+

Business Owner's Policy is usually optional for general contractors. It may not be legally required everywhere, but it is still commonly carried to close coverage gaps.

What does business owner's policy cover for general contractors?+

Business Owner's Policy helps protect a general contractor business from losses tied to the specific risks of the work, including claims that may not be covered by a basic policy package.

Can general contractors buy business owner's policy online?+

Yes. Many carriers quote business owner's policy online for general contractors, though higher-risk work, employees, vehicles, or licensed operations may require extra underwriting.

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