Contractor Insurance for Ontario Businesses.
Verdant Insurance helps contractors and trades businesses compare commercial insurance options for liability, tools, equipment, vehicles and other job-site exposures.
Whether you're a self-employed contractor, a small two-person team or a growing operation with employees and subcontractors, your insurance should reflect the work you actually perform.
Insurance for different types of contractors.
General Contractors
Liability and coverage options for renovation, construction and general contracting operations.
Electricians
Insurance options for electrical contractors, tools, vehicles and job-site liability exposures.
Plumbers & HVAC
Coverage considerations for installation work, equipment, service calls and completed operations.
Landscapers & Trades
Insurance options for landscapers, painters, carpenters, handymen and other trade businesses.
Insurance requirements often start before the job does.
Contractors are frequently asked to provide proof of insurance before entering a job site, signing a contract or starting work for a client or general contractor.
There is no single commercial liability limit that applies to every contractor in Ontario. Requirements can vary by client, project, contract and insurer.
What can contractor insurance include?
Commercial General Liability
CGL may help protect against certain third-party bodily injury and property-damage claims arising from insured operations.
Completed Operations
Liability protection may continue to matter after the work has been completed if an insured loss later arises from that work.
Tools & Equipment
Coverage may be available for eligible tools, equipment and portable property used in the course of your business.
Commercial Auto
Vehicles used for contracting operations may require commercial automobile insurance depending on ownership and use.
Installation Floater
Coverage may be available for certain materials and property intended for installation at a project site.
Builder's Risk
Course-of-construction coverage may be relevant for certain construction and renovation projects.
A one-person contractor and a growing construction company are different risks.
Small Contractors
A self-employed contractor or small team may primarily need liability protection and coverage for tools, equipment or commercial vehicles depending on the operation.
Growing Operations
Contractors with employees, subcontractors, higher revenues, larger projects, multiple vehicles or significant equipment may need a broader commercial insurance program.
What information will a commercial insurer ask for?
Contractor underwriting depends heavily on the type of work you perform and the size of your operation.
Have a contract or job-site requirement?
Send us the insurance requirements from your client, landlord, general contractor or project agreement. A Verdant commercial broker can review the details and available Ontario insurance markets.
Contractor insurance for Ontario businesses.
Verdant Insurance is based at 675 Cochrane Drive in Markham and serves eligible commercial clients throughout Ontario.
Our brokers can help contractors review commercial insurance requirements and compare available options based on the operation.
Ontario Contractor Insurance FAQ
Is contractor liability insurance mandatory in Ontario?
There is no single commercial general liability requirement that applies to every contractor in Ontario. However, clients, general contractors, landlords, tenders and contracts may require specific insurance coverage or liability limits before work begins.
How much liability insurance does a contractor need?
The appropriate limit depends on the contractor's operations, contracts and project requirements. Some clients or projects may specify their own minimum liability limits.
Does contractor insurance cover tools?
Coverage for eligible tools and equipment may be available, subject to insurer eligibility, limits, deductibles and policy terms.
Can contractor insurance include commercial vehicles?
Yes, depending on the operation. Commercial automobile insurance may be relevant where vehicles are owned or used for business purposes.
Can Verdant insure a one-person contractor?
Potentially. Insurance options depend on the type of work, revenue, experience, claims history and insurer eligibility.
Does Verdant only insure contractors in Markham?
No. Verdant Insurance is based in Markham and serves eligible commercial clients throughout Ontario.
Protect the business before the next job starts.
Tell us what kind of contracting work you perform and a Verdant commercial broker can review the available Ontario insurance options for your operation.