Contractors Insurance in Ontario
From general contractors to specialty trades -- construction sites are high-risk environments. We help you get the right coverage so you can bid on jobs, protect your crew, and keep your business running.
Have Ready for Your Quote:
- Business name and legal structure
- Type of contracting work (general, HVAC, roofing, etc.)
- Number of employees and subcontractors
- Annual revenue and payroll estimate
- Types of projects (residential, commercial, industrial)
- List of equipment and vehicles
- Current policy and claims history (if switching)
For general guidance only. Contractor insurance requirements vary by trade, project size, and contractual obligations. Contact your broker for a tailored recommendation.
Coverage Types for Contractors
Covers third-party bodily injury and property damage at job sites. Required by most general contractors and project owners before you can start work. Minimum $2M recommended.
Your auto policy (IRCA) does NOT cover tools or equipment. If tools are stolen from your van or damaged on site, you need this separate coverage. One of the most common gaps we see.
Protects your office, warehouse, stored materials, and business contents from fire, theft, and other covered perils.
Covers trucks, vans, and trailers used on the job. Personal auto policies do not cover vehicles used for business. Fleet options available for 5+ vehicles.
Protects against claims of faulty design, incorrect installations, or professional negligence that causes a client financial loss. Especially important for design-build contractors.
Covers all contractors on a single project under one policy. Required by some large commercial or government projects. Ask your broker if this applies to your bids.
Bid bonds, performance bonds, and payment bonds are often required for government and large commercial contracts. These guarantee your work will be completed as agreed.
Trades We Insure
Don't see your trade? Call us -- we insure most construction and skilled trades.
Your auto policy does NOT cover your tools.
This is one of the most common coverage gaps for contractors. If your tools are stolen from your van or damaged on a job site, your commercial auto policy will not pay for them. You need a separate Contractor's Equipment or Inland Marine policy. Ask your broker.
Common Questions
Get a Contractor Quote
We work with 10+ commercial insurers to find the right coverage for your trade.
Typical Contract Requirements
- $2M CGL (min. for residential)
- $5M CGL (commercial projects)
- Commercial auto insurance
- WSIB clearance certificate
- Certificate of Insurance (COI)
- Additional insured endorsement
- Professional liability (design-build)
Did You Know?
Commercial insurance policies have a 3% service fee for monthly payments.
Pay your policy in full to avoid financing charges and save on your overall costs.
Related Coverage
Why Use a Broker?
- Compare rates across 10+ commercial insurers
- Get help with COIs and contract endorsements
- One point of contact for all your policies
- Expert guidance on trade-specific risks
ReadytoProtectYourBusiness?
Get a customized contractor insurance quote today.