Contractors' Insurance Cost Secrets That Will Amaze You

Real-World Pricing and Discounts

While the average annual cost for general liability insurance for contractors can range from $500 to $1,500, this can vary based on the aforementioned factors². Many insurers offer discounts if you bundle multiple types of coverage or if you have a proven track record of safety and no claims. Additionally, some companies provide lower rates for businesses that implement risk management strategies, such as regular safety training for employees³.