Home Improvement Contractor - Licensed Contractors

what does it cost for $1000000 contractors liability insurance?

what does it cost for $1000000 contractors liability insurance in texas.

Public Comments

1. Its according to a lot of things. Where you live. Do you have employees ect. Our Liability Insurance was 600.00 down and 160.00 a month Hope this helps
2. The dollar amount of he cost will vary depending on a number of factors: 1) what type of work (roofing, framing, electrocal, painting...) with the "less hazardous" exposures being less expensive. 2) It will be rated based on your gross receipts and/or payroll expectation for a 12 month period. 3) How mu7ch experience have you had doing this type of work. I'd recommend you find a good indepndent agent who can offer you multiple quotes so you are sure to get the best coverage at the lowest price. Good luck.
3. Too many variables - what kind of contractor? What are the gross receipts? What percentage is subcontracted? What type of work do you do? It could be anywhere from $750 for a one man electrician who does residential work only, to millions of dollars if you're working out in the gulf doing drilling.