Contractors Insurance

Our products are specifically designed to meet the needs of contractor businesses. Connect with an AmTrust-appointed agent to get a quote.

Urban Academy

Artisan Contractor Risk Report

The toll of repetitive motion, the dangers of operating machinery, and the vulnerability of exposure to hazardous or toxic chemicals are common risks that artisan contractors face. In AmTrust’s 2021 Artisan Contractor Risk Report. We analyzed 26,000 workers’ compensation claims over ten years from artisan contractors. The report provides insights into artisan contractors’ unique risks, along with workplace safety tips to help reduce employee injuries and expensive claims.  

Key findings in the report: 
•    New employees pose the greatest injury risk 
•    Ladder falls and lifting strains are the most common injuries 
•    Top injuries resulting in most time out include falls, burns and abrasion
•    Plumbers and electricians have the most claims


What is Contractor Insurance?

There are over 4.8 million specialty contractors in the U.S. Also known as artisan contractors, these companies have skilled workers who perform their jobs with tools on a customer’s premises. The types of companies in this sector include carpenters, electricians, interior designers, piano tuners, exterminators and plumbers. Contractor businesses can have unique insurance needs, including coverage for equipment and tools moved between different job sites, and these needs may not be covered under standard property insurance. Artisan contractors need insurance coverage for injuries to the body, damages to the client’s property or a third party, personal injury, advertising injury or any type of action taken against a competing operation. 

Types of Contractor Insurance Coverages 

AmTrust provides coverage tailored to the needs of contractors. Our Contractor Insurance policies can be written as a package or monoline.

Workers’ Compensation

Workers' Compensation Insurance protects your business and office workers by providing benefits to employees injured in the workplace. These benefits can address medical care and related medical costs, retraining and lost wages until the employee can return to work or compensation for permanent disability.

General Liability Insurance

General Liability Insurance provides coverages for contractors for bodily injury, personal injury, and property damage caused by the business’s operations, products, or injury on the business’s premises or on-the-job site. This type of business insurance offers coverage for third parties who experience harm to themselves or their property because of something you or your workers did or failed to do.

Commercial Property Insurance

Commercial Property Insurance is crucial for your contractor business. It protects your building, contents, business income, and rental income from commonly experienced losses, including fire, explosion, pipe burstsstorms, theft, vandalism, and flood and earthquake (when this type of coverage has been added to the policy).

Commercial Auto

Commercial auto coverage is designed to protect contractor businesses of all sizes from litigation related to automotive incidents, including auto collision, an unloading accident, or a new work truck stolen from the parking lot.

Employment Practices Liability Insurance

Employment Practices Liability Insurance (EPLI) coverage protects professional service organizations in the event of employment-related claims, including alleged discrimination, wrongful termination or demotion, sexual harassment and retaliation. An EPLI policy applies to all employees of an insured business, including temporary, part-time, full-time, seasonal, volunteers and independent contract workers.

Cyber Insurance

Any business using computers to complete day-to-day tasks should consider cyber insurance a necessary coverage. Cyber liability insurance provides coverage for certain losses incurred as a result of data breaches. Businesses are increasingly facing cyber risks that can threaten their operations and even their existence.

AmTrust’s Preferred Exposures for Contractors

Our list of preferred artisan contractor businesses includes, but are not limited to:

  • Carpenters
  • Plumbers
  • Locksmiths
  • Electricians
  • Painters
  • Interior Decorators
  • Exterminators

AmTrust Agents

Our appointed agents fully understand the unique risks contractors face. We deliver an unbeatable combination of sound coverage, stable pricing and exceptional service to both our insureds and our agents. We offer a comprehensive suite of Contractor Insurance coverages, so our appointed agents have the confidence and the flexibility to provide their clients the right policy to protect them from risk.

Read more information about Insurance for Artisan Contractors:
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