Contractors Insurance
Insurance That Matches Your Scope of Work
Every job site carries risks from third-party injuries and property damage to equipment theft and contractual liability. Lanco Brokerage specializes in contractors insurance programs tailored to your trade, project size, and contractual requirements. Whether you’re a general contractor, electrician, plumber, HVAC technician, roofer, or specialty subcontractor, we build coverage that fits the way you work so you can focus on the job, not the paperwork.
Surety Bonds for Contractors
Many construction contracts require a surety bond. Whether you’re bidding on a public works project, a city contract, or a large commercial job, a surety bond demonstrates your financial credibility and guarantees that the work will be completed as agreed. Lanco Brokerage helps contractors secure the right bond for every stage of their business, from bid bonds and performance bonds to payment bonds and license & permit bonds.
What Does Contractors Insurance Cover?
A comprehensive contractors insurance policy addresses the full range of exposures construction professionals face from on-site injuries and property damage to completed operations and professional liability.
- General liability for bodily injury and property damage on job sites
- Workers' compensation for employee injuries and lost wages
- Commercial auto coverage for work vehicles and equipment transport
- Tools and equipment coverage for owned and rented gear
- Completed operations coverage for post-project claims
- Umbrella and excess liability for larger contracts and bids
- Builders risk insurance for structures under construction
- Surety bonds and contractor license bonds where required
Related Coverage Options For Contractors
More Than A Policy. A Partner On Every Job Site
Choosing the right broker for contractors insurance matters as much as choosing the right policy. With more than three decades of hands-on experience, Lanco Brokerage brings deep local knowledge and carrier relationships that national brokers can’t match. We understand what GCs, subs, and trades need fast certificates, broad coverage, and a team that picks up the phone.
- 35+ years serving businesses and property owners
- Same-day certificates of insurance available
- Bilingual service in English and Spanish
- Independent broker we shop multiple carriers on your behalf
- Licensed specialists who understand your industry
- Programs built for contractors of all sizes and trades
talk to an insurance specialist
Get expert guidance from licensed insurance professionals who understand your unique needs. We’re here to help you find the right coverage—fast. Call us today to get started!
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Understand Your Coverage
Already a client? Unsure what your policy includes? Get a clear breakdown of your current coverage, exclusions, and options for updates or changes.
Get a Competitive Quote
We can help you find the right policy and potentially lower your premiums. Let us shop for you and show you what you're missing!
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When the unexpected happens, our claims support team is here to guide you every step of the way. We work with you to handle your claim efficiently.
Online Resources For Contractors
Staying informed about contractors insurance requirements and licensing regulations in your market is an essential part of operating a compliant construction business. The NYC Department of Buildings (DOB) regulates contractors operating in US and mandates specific insurance minimums, including General Liability and Workers’ Compensation. The NJ Division of Consumer Affairs oversees home improvement contractor registration and licensing requirements. OSHA provides safety regulations applicable to all construction job sites.
The National Association of State Contractors Licensing Agencies (NASCLA) provides multistate licensing guidance widely used by contractors working across state lines. The U.S. Small Business Administration (SBA) offers authoritative guidance on business insurance requirements, bonding, and risk management for contractors at every stage of growth. The New York State Workers’ Compensation Board oversees compliance and coverage requirements for all employers with workers on job sites in New York State. Our team stays current on regulatory changes and contract requirements so your contractors insurance coverage remains compliant and competitive.
1.) What insurance do I need to pull a permit in NYC?
The NYC Department of Buildings typically requires a Certificate of Insurance showing General Liability (minimum $1M per occurrence) and Workers’ Compensation. The City and the property owner are usually required as additional insureds.
2.) What is an Additional Insured endorsement?
An AI endorsement adds another party such as a GC or property owner to your policy so they’re protected from claims arising from your work. It is a standard contractual requirement on virtually every construction project in New York.
3.) How quickly can I get a certificate of insurance?
In most cases, our team can issue certificates of insurance the same day. Contact us directly and we’ll get you what you need fast.
4.) How does contractors insurance differ from a Business Owners Policy (BOP)?
A BOP combines General Liability and Commercial Property into one package designed for lower-risk businesses. Contractors insurance is more specialized it includes coverages like completed operations, tools and equipment, and Workers’ Comp that BOPs typically exclude or limit.
