We do not currently quote this product online, but to get a quote in under 15 minutes please give us a call.
Get reliable contractors coverage tailored for you by BrokerLink.
If you’re in the construction and contractor business, you face a unique set of risks and challenges. We know you do everything you can to ensure a safe working environment, but sometimes the unexpected happens. From job site injuries to commercial vehicle claims, to stolen or damaged equipment, the right contractors and construction insurance will help protect your business. BrokerLink has expert brokers in Nova Scotia, New Brunswick, Newfoundland, Ontario, Manitoba, Saskatchewan Alberta and British Columbia, who will take the time to understand your needs and find an insurance policy that makes sense for your business.
BrokerLink compares rates from a wide range of providers, ensuring you get the best deals available.
Contractors and construction insurance helps protect business owners in the event of certain financial losses. Every business faces risks, including property damage, injury, lawsuits, equipment failure and more. These unexpected events could disrupt your projects, impact deadlines, and even damage your reputation. The right insurance policy can protect you from these risks and ensure business continuity. Most importantly, you’ll have peace of mind knowing your business is protected.
Contractors and construction insurance is customizable and may include:
Your specific coverage will depend on your province's regulations and any additional coverage options you choose to include in your policy.
Running a business is hard work, but BrokerLink simplifies insurance, letting you focus on your business with coverage tailored for any size or industry. Secure your business with us today.
In the construction industry, various professionals need insurance to safeguard their business and assets. Some of these professions include:
Insuring your business is important for several critical reasons:
Some types of insurance, such as automobile liability and employers’ liability are required by law. Automobile liability insurance covers damages and injuries from vehicle-related accidents, while employers' liability insurance protects businesses against employee claims for work-related injuries or illnesses.
The construction industry involves significant risks, such as third party and employee injuries, damage to property and project delays. Insurance helps manage these risks by covering potential liabilities.
Many construction contracts require contractors and subcontractors to hold certain types of insurance coverage before beginning a project.
Insurance helps protect your financial assets and your business's reputation in case of accidents, lawsuits or unforeseen events.
Contractors face a variety of potential risks, so there are many different coverages available. Your insurance broker will work with you to understand your business and determine the coverage that makes the most sense. Your insurance policy is customizable, and may include the following:
Property damage
Bodily injury
Contractor errors and omissions
Contractors equipment
Loss of income
Environmental impairment liability insurance
Surety bonds
Umbrella insurance
This coverage can offer protection in the event of damage sustained to materials, structures and equipment on a job site. Whether owned by the contractor or rented for specific projects, these tangible assets represent a significant investment and are crucial for the progress and completion of construction work.
This coverage is designed to protect against claims resulting from physical harm caused to third parties on or near a worksite. It extends to injuries that non-employees, such as clients, visitors or passersby, might sustain due to accidents or hazardous conditions present on the job site. Furthermore, this coverage may cover legal fees and settlement costs if the injured party decides to pursue legal action against the contractor or construction company.
Also known as professional liability, it provides coverage for mistakes made in the performance of professional services, such as design flaws or errors in construction. This coverage is essential for professionals involved in providing specialized services or expertise, such as architects, engineers, and consultants. It protects against claims of negligence, mistakes, or failures to deliver services as promised.
These coverages are essential components of a well-rounded insurance plan for contractors and construction companies. This coverage is designed to protect the significant investment in tools, machinery and equipment that are critical to the successful execution of construction projects. It can cover the cost of repairing or replacing these assets if they are damaged, lost, or stolen due to various covered risks such as theft, vandalism, fire, or severe weather events.
Also known as business interruption insurance, this coverage is important for contractors and construction businesses. It’s designed to compensate businesses for lost income resulting from an interruption in operations due to insured perils, ensuring that the financial health of the business remains stable even during challenging times.
This coverage is designed to protect against claims related to pollution or hazardous materials. These claims might also include chemical spills and fuel leaks. This insurance is crucial for contractors, manufacturers and companies that handle or store potentially hazardous substances, ensuring they can manage environmental risks without facing crippling financial losses.
A type of guarantee that is often required by clients before a project starts. Surety bonds are a form of risk management commonly required in the construction industry to ensure contractual obligations are met. This protection offers peace of mind to project owners by ensuring the project's completion or compensation, while also incentivizing contractors to adhere to their contractual agreements.
This insurance coverage provides additional liability coverage beyond the limits of your existing insurance policies, such as general liability or auto insurance. It is particularly important for protecting against high-value claims that can arise from unexpected and catastrophic events.
Warranties are essential for mitigating potential risks associated with construction projects. Below are some common warranties that contractors should consider, each requiring specific attention and procedures to ensure compliance:
Welding, torch cutting and other operations involving open flames or high temperatures are considered hot works. A hot works warranty requires that special precautions are taken to manage the risk of fire and accidents during these activities. This may involve having fire extinguishers readily available, designating fire watch personnel and ensuring appropriate ventilation. Before starting any hot work, workers might need to obtain permits and conduct safety checks to mitigate hazards effectively.
This warranty addresses the structural integrity of a building, ensuring that it meets specified safety standards and codes. Contractors must comply with detailed engineering plans and carry out thorough inspections during each phase of the construction process. This warranty covers major structural elements like foundations, walls, roofs and floors, offering protection against defects that could compromise safety and functionality.
This warranty ensures the construction project is protected against water ingress and related damage. Special attention must be paid to the installation of roofing, windows, and drainage systems. Contractors are required to use approved weatherproofing materials and follow stringent installation procedures to prevent leaks and moisture-related issues, often necessitating thorough testing and inspections.
A warranty for materials and workmanship guarantees that all materials used, and the craftsmanship involved meet established quality standards. If defects arise due to substandard materials or poor workmanship, this warranty may require the contractor to repair or replace the faulty components. Contractors need to source materials from reputable suppliers and ensure their team has the necessary skills and training to uphold high-quality work.
A completion warranty guarantees that construction projects are completed on time, within budget, and in accordance with the agreed specifications. Contractors should have clear project management plans, regular progress evaluations and contingency strategies to address potential delays. This warranty ensures clients that their projects will meet the expected standards and timelines, offering peace of mind throughout the construction process.
These warranties provide protection for contractors and clients while enhancing credibility and trust in the construction industry. By complying with these requirements, contractors ensure their projects are completed safely, efficiently and to high-quality standards.
Let us be your resource for all things business insurance
At BrokerLink, we’re passionate about the customer relationships we create in the communities we serve across Canada. As one of Canada’s largest commercial brokerages, we’ve established strong local connections, which means we’re not just your broker, we’re a neighbor invested in your success.
With BrokerLink, you get the best of both worlds – local expertise with access to a vast national network. Your commercial insurance needs are looked after by dedicated professionals who are committed to your success. Our organizational structure empowers your representative to make decisions to provide coverage that’s tailored to your specific needs, ensuring an exceptional customer experience.
With an average tenure of ten years, our commercial team is a testament to expertise and dedication. Our brokers have experience in a wide range of industries – from farm to factory and storefront to shipping – so you can count on their advice. We’re proud to be a 100% Canadian-owned organization with employees who live and work in the communities they serve.
Our approach to risk management, loss control, claims adjusting services and alternative risks showcases our dedication to tailoring solutions to your unique needs. Our open structure ensures we select the very best third-party service providers for you, offering complete cost transparency.
BrokerLink’s Claims Advocacy Team is dedicated to safeguarding your business interests when the unexpected happens. They will act as your trusted partner, providing expert guidance and advocacy throughout the claims process. The team is always ready to stand by your side, minimizing disruptions and protecting what matters most to your business.
When you choose BrokerLink, you're not just choosing an insurance broker – you're selecting a partner driven by strong values. Beyond policies and claims, we are here to make a positive impact on the lives and businesses we touch.
20300+ Reviews
Average rating of 4.6
Excellent service, rates and customer service. Highly recommended.
Very easy to do business with this company. They handle all of my past, current and will be doing my future vehicles also. They listen and get you the insurance that you want and need.
I've always had a great experience with their agents/brokers when I've had questions about my policy. Agents are always polite, professional and able to answer my questions.
Honestly, they have the best advisors. Ones who take their time to understand your insurance needs.
I have been with BrokerLink for over 5 years and have never been disappointed; my issues have been always solved promptly and efficiently, they even found me a cheaper motor insurance with same qualit...
I find Brokerlink to be better priced than most of their competitors. I have received good, prompt advise and always deal with a live agent.
Excellent, hands-on, personable service. I feel like I haven't had a broker like this, in a long time
The best client experience!!! Honest, genuine, professional. They explain AND LISTEN! Trust no one else ❤️
insurance companies
We shop among Canada’s leading insurance companies to offer you a range of options.
customers
Trusted by Canadians to protect what matters to you for more than 30 years.
employees
Ready-to-serve insurance specialists for your needs.
Insurance costs are determined by considering many different factors. Some of those factors may include:
Larger operations with higher revenue and property values may have higher premiums.
High-risk activities (e.g., demolition, excavation, heavy lifting) may lead to higher premiums.
Where your business is located may impact your insurance rates. For example, the insurance company will consider how close you are to a fire department or fire hydrant.
the materials used in your building may impact your insurance rates.
An insurance company will consider your claims history when determining your rate.
Higher coverage limits, and lower deductibles typically lead to higher premiums.
A business with a long history of safe practices may be able to negotiate lower premiums. The BrokerLink team is dedicated to offering you the best coverage at a competitive rate, so you can rest assured that the right insurance solution is an investment worth making to protect your assets and business.
Whether you contact us by phone or obtain an online insurance quote, the BrokerLink team is dedicated to offering you the best coverage at a competitive rate. We understand that as a business owner you need to keep budget top of mind but rest assured that the right insurance plan with BrokerLink is an investment worth making to protect your assets and business.
Here are a few tips that may help you save on insurance for your business.
Contractors can reduce premiums by implementing effective risk management strategies, such as safety protocols and employee training.
Contractors can save by bundling different types of insurance policies through a single provider.
An experienced insurance broker who specializes in the construction industry can help you get the right coverage, ensuring the necessary risks are covered, saving you time and money in the long run.
Need help with business insurance? Our brokers can find the best discounts and plans for you. We'll offer personalized quotes and explore the best options.
With our expertise, you can focus on what you do best — running your business — while we handle all of your insurance needs. Let us take the stress out of finding the perfect coverage for you.
Check out our wide range of resources, offering valuable information and tools, all in one convenient place.
Check out blog
Service and claims
Visit a branch
About us
Have questions? Our FAQ section has the answers you're looking for. Find helpful information to guide you through your options.
General contractor insurance varies depending on the business you run. However, it’s essential for general and independent contractors as well as subcontractors. It assists those working in construction, plumbing, electrical, and landscaping. It will protect your business from property damage, bodily injury, and liability claims. The right insurance policy will allow you to feel secure and let your business thrive. Whether you’re a carpenter, painter, HVAC technician, or any other related field, you will need this type of general contractor’s insurance.
The price of general contractor insurance in Canada will vary. It comes down to the coverage you need, including liability, professional liability, or commercial vehicle insurance, which can affect your premiums. Insurance companies will also consider the size of your business, the industry you work in, your claims history, your business location and the type of employment you offer. Premiums are higher for larger businesses in high-risk industries, such as construction, oil and gas. They often face higher insurance premiums.
In Canada, liability insurance for independent contractors protects contractors from third-party claims of harm to individuals or property on the worksite. Although this type of insurance is legally required, it can assist independent contractors in protecting their assets in the event that they get sued. Not having insurance means a general contractor will be held liable for damages and legal fees associated with the case.
Accidents happen on a construction site. Insurance is required if a client’s property gets damaged or a third party suffers bodily injury due to the contractor’s work. It’s important for independent contractors to recognize that general liability insurance does not cover injuries or property damage. A completely separate insurance policy often covers these, usually workers' compensation or equipment coverage.
To generate a precise insurance quote, we require a fully completed application. This application should encompass all pertinent details about your business, which enables insurers to accurately assess and understand your risk profile. Comprehensive information helps us tailor an insurance solution that best fits your unique needs.
Yes, we offer a variety of flexible payment options to accommodate your preferences. These options are designed to ensure that your policy is manageable and suits your budgetary requirements.
Yes! We partner with a range of reputable insurance providers, allowing us to present you with multiple options. This allows you to select a policy that aligns most closely with your needs, preferences, and budget.
Rest assured that even if your dedicated Brokerlink representative is out of the office, we always have a qualified person on hand to assist you. Our priority is to ensure continuity in addressing your questions and managing your insurance needs.
General contractor insurance coverage in Ontario is necessary for any independent contractor or construction business. A contractor can spend as little as $425 for $2,000,000 in general liability insurance for basic coverage. However, the number will vary depending on the business size, the job being performed, and where the job site is located. Regardless, equipment coverage is necessary to protect against damages and theft. With that in mind, if the project requires more than the $2 million limit, you have to let your broker know right away. It will ensure you have adequate insurance in case someone files a lawsuit. This type of insurance is tied to business insurance in Ontario.
General contractor protective insurance protects general contractors from monetary losses caused by the subcontractor’s activities. What does this mean? In other words, if a subcontractor damages property or injures someone while performing a task, the general contractor can be held liable.
This type of insurance covers these situations as well as contract violations or if the subcontractor does not fulfill their obligations. It can also be purchased directly by the general contractor as a condition set out by the project owners. This type of insurance is essential when working on construction projects. It is especially true when many subcontractors are involved, as it increases the liability risks.
Many general contractors require subcontractors to have their own insurance coverage when participating in a project. This is often common in industries where incidents or harm are more likely, including construction. If a subcontractor does not have their own insurance and gets into an accident or causes property damage while working, they can be held personally liable for damages or injuries. This can include paying for medical expenses, loss of property, and legal fees. For this reason, private contractors should get their own insurance to protect themselves and businesses.
For straightforward small business insurance needs, we typically can deliver a quote within just a few days, provided we have all the necessary information.
Cancellation depends on the specific terms of your contract. If you need to cancel your policy, please contact your broker to discuss.
In the event of a claim, we are here to guide you through each step of the claims process to ensure a smooth and efficient resolution.
We are fully equipped to support your business as it grows across provincial lines. Our team will help you navigate the regulatory landscape and adjust your insurance coverage to ensure comprehensive protection in new provinces.
Explore our other insurance products to find additional coverage options that fit your needs. Discover more ways to protect what matters most.
Car Insurance
Home Insurance
Apartment & Tenant Insurance
Condo Insurance
Motorcycle Insurance
Boat Insurance
Insurance bundle
ATV Insurance
Pet Insurance
Life Insurance
Travel Insurance