When your construction firm generates serious revenue, your insurance coverage can’t be basic. Large-scale operations deal with liability exposures that stretch into millions, workers’ compensation claims across multiple job sites, commercial fleets that run daily, and surety bond requirements that can make or break contract eligibility. One uninsured loss on a major build can shut down operations entirely.
The problem? Most contractors’ insurance companies cater to small businesses. They lack the underwriting capacity, coverage limits, and deep construction knowledge that high-revenue firms need. This guide walks through five contractor insurance companies built for serious operations. We evaluated everything from construction-specialist brokerages with 50+ years in the field to Fortune 500 carriers that have been writing policies since the 1800s. Each one was measured on financial strength, coverage options, construction specialization, and whether they can handle complex, high-value projects.
How We Selected the Best Contractors’ Insurance Companies
We reviewed contractors’ insurance companies between January and February 2026. Our research included specialist construction brokerages, major national carriers, military-affiliated insurers, and global specialist providers.
Here’s what mattered:
- Financial strength ratings – We only considered contractors’ insurance companies with AM Best ratings of A or higher, proving they can pay large claims and hold reserves for high-value construction risks.
- Construction industry knowledge – Providers needed dedicated construction underwriting teams, contractor-specific policy forms, or specialist options like builder’s risk, wrap-up programs, and surety bonds.
- Coverage breadth and limits – Companies had to offer general liability, workers’ compensation, commercial auto, umbrella/excess liability, professional liability, and contractor-specific endorsements with limits matching high-revenue operations.
- Agent and service model – We prioritized providers offering dedicated account management, personalized risk engineering, or specialist contractor agents over self-service digital-only platforms.
- Customer reviews and claims reputation – Contractors insurance companies with verified feedback, industry recognition, or established claims-handling records relevant to contracting work.
Best Contractors Insurance Companies for High-Revenue Businesses
Here are the five contractors’ insurance companies we recommend:
- Unlimited Contractors Insurance
- State Farm Contractors Insurance
- USAA Business Insurance for Contractors
- Hiscox General Contractor Insurance
- The Hartford Contractor Insurance Plans
Best Contractors Insurance Companies: Detailed Profiles
1. Unlimited Contractors Insurance
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Industry Experience:
50+ years of contractor-specific insurance experience; operates as a division of Affordable Contractors Insurance (ACI)
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Coverage Types:
General liability, workers’ compensation, commercial auto, umbrella policies, builder’s risk, tools and equipment, wrap-up insurance programs (OCIP and CCIP), construction manager (CM) at-risk insurance
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Contractor Trades Covered:
General contractors, roofers, HVAC contractors, electricians, plumbers, carpenters, concrete contractors, solar contractors, restoration contractors, excavation and demolition operators, builders
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Coverage Area:
Operates nationwide across all 50 states with state-specific compliance resources
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Customer Reviews:
Trustpilot score of 4.9 out of 5 (rated under parent brand Affordable Contractors Insurance); live agent support at (888) 664-6057
Company Overview:
Operating as a division of Affordable Contractors Insurance, this provider brings over five decades of construction-specific insurance knowledge. The company focuses exclusively on contracting work, covering everything from general liability and workers’ compensation to specialized wrap-up programs like OCIP and CCIP. They work with a broad spectrum of trades, including roofers, HVAC contractors, solar installers, and excavation operators. Coverage extends to all 50 states with compliance resources specific to each jurisdiction. Their parent brand holds a 4.9/5 Trustpilot rating, and you can reach live agents at (888) 664-6057.
Best For:
High-revenue contractors needing construction-only insurance with wrap-up programs, builder’s risk, and direct access to live specialist agents
Standout Feature:
Five decades of exclusive contractor focus with specialized coverage options including OCIP, CCIP, and CM at risk insurance
2. State Farm Contractors Insurance
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Founded:
1922 in Bloomington, Illinois; employs over 65,000 people; operates through 19,000+ agents across all 50 states and Washington, D.C.
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AM Best Rating:
A++ (Superior), the top-tier financial strength rating available
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Coverage Types:
Business owners’ policy (BOP), general liability, professional liability, workers’ compensation, commercial auto, commercial liability umbrella, inland marine, employment practices liability insurance (EPLI), fidelity bonds
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Contractor-Specific Coverage:
Artisan and service contractors insurance for on-site property damage, on-premises injuries, and theft; HVAC contractor packages with mobile equipment coverage; painters insurance with installation floater coverage
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Service Model:
Agent-based model exclusively; all policies sold through local State Farm agents; no online quoting or purchasing; claims filed online or by phone
Company Overview:
State Farm began operations in 1922 from Bloomington, Illinois, and has grown into one of America’s largest insurers with 65,000+ employees and 19,000+ agents nationwide. The company holds the top AM Best financial strength rating of A++ (Superior). Their contractor offerings include artisan and service contractors insurance paired with a full commercial portfolio: BOPs, general liability, workers’ compensation, commercial auto, umbrella policies, and inland marine coverage. Trade-specific packages exist for HVAC contractors, painters, and other specialists. You can only purchase through local agents, not online.
Best For:
High-revenue service and artisan contractors who want the security of an A++-rated carrier with dedicated local agent relationships
Standout Feature:
A++ (Superior) AM Best rating backed by 19,000+ local agents operating in all 50 states
3. USAA Business Insurance for Contractors
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Founded:
1922; serves exclusively U.S. military members, veterans, precommissioned officers, and their spouses and children; 13 million+ members; 35,000+ employees
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AM Best Rating:
A++ (Superior); also carries AA+ from Standard & Poor’s and Aa1 from Moody’s
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Coverage Types:
General liability, commercial property, business owners’ policy (BOP with business income insurance), workers’ compensation, professional liability (E&O), cyber liability, commercial auto
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Pricing:
Small business insurance policies beginning at $0.83 per day (company data)
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Eligibility Limitation:
Membership restricted to U.S. military members, veterans, precommissioned officers, and eligible family members; coverage availability varies by state
Company Overview:
Founded in 1922, USAA operates exclusively for U.S. military members, veterans, precommissioned officers, and their eligible family members. The membership base exceeds 13 million. USAA carries an A++ (Superior) rating from AM Best and AA+ from Standard & Poor’s, placing it among America’s most financially secure insurers. Eligible contractor-owners can access general liability, workers’ compensation, BOPs with business income protection, professional liability, cyber liability, and commercial auto coverage. Policies start as low as $0.83 per day. Membership is strictly limited to the military community and their families.
Best For:
Military-affiliated contractor-owners seeking top-rated financial strength and competitive pricing from an insurer familiar with military lifestyles
Standout Feature:
A++ AM Best and AA+ S&P ratings with policies from $0.83/day, exclusively available to military members, veterans, and their families
4. Hiscox General Contractor Insurance
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Founded:
1901; Hiscox Group operates as a global specialist insurer with over 100 years of experience; headquartered at 30 N. LaSalle St., Suite 1760, Chicago, Illinois
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AM Best Rating:
A (Excellent); BBB rating of A-
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Coverage Types:
General liability, professional liability (E&O), business owners’ policy (BOP), workers’ compensation (offered jointly with The Hartford), commercial auto, cyber liability, umbrella insurance, directors and officers (D&O) insurance
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Specialization:
Focuses on small businesses with fewer than 10 employees; covers 180+ professions across 49 states and Washington, D.C. (not available in Alaska)
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Customer Ratings:
Feefo customer satisfaction rating of 4.8 out of 5; serves 500,000+ small business customers in the U.S.; online quoting and purchasing available; phone support at 1-855-909-4690
Company Overview:
Hiscox has been writing specialist insurance since 1901 and now serves over 500,000 small business customers across America. The company holds an A (Excellent) rating from AM Best and a 4.8/5 Feefo customer satisfaction score. Coverage options include general liability, professional liability (E&O), BOPs, workers’ compensation (partnered with The Hartford), commercial auto, cyber liability, umbrella, and D&O insurance. Available in 49 states plus D.C., Hiscox specializes in businesses with fewer than 10 employees and covers over 180 professions including licensed contractors, plumbers, and electricians. Most businesses get coverage the same day they apply online.
Best For:
Smaller or solo contractor businesses seeking fast, affordable coverage from a financially strong specialist insurer with online quoting
Standout Feature:
Over 100 years of specialist insurance experience with same-day online coverage and a 4.8/5 Feefo customer satisfaction score
5. The Hartford Contractor Insurance Plans
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Founded:
1810 in Hartford, Connecticut; Fortune 500 company; employs 19,100+ people; insures 1 million+ small businesses
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AM Best Rating:
A+ (Superior); also rated A+ by Standard & Poor’s
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Construction-Specific Coverage:
General Liability Choice® policy with contractor’s broad form endorsement (includes limited professional liability, per-project and per-location aggregate limits, completed operations coverage, contractual liability); construction surety bonds; builders’ risk; contractor’s pollution liability; wrap-up coverage
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Additional Coverage Types:
Workers’ compensation (with “Nursed Back to Health” dedicated nurse program), commercial auto, management liability, cyber liability, inland marine, umbrella/excess liability
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Service Model:
Dedicated construction underwriting, claims, and risk engineering teams; serves businesses from small contractors to large-scale firms; available in 48 states and D.C. (not Alaska or Hawaii)
Company Overview:
Dating back to 1810 in Hartford, Connecticut, The Hartford operates as a Fortune 500 company with 19,100+ employees and over 1 million small businesses insured. The company carries an A+ (Superior) rating from both AM Best and Standard & Poor’s. Their proprietary General Liability Choice® policy includes a contractor’s broad form endorsement covering limited professional liability, per-project aggregate limits, and wrap-up coverage. They also provide construction surety bonds, builder’s risk, contractor’s pollution liability, workers’ compensation, commercial auto, and umbrella coverage. Dedicated construction underwriting, claims, and risk engineering teams handle accounts from small contractors to large-scale operations across 48 states and D.C.
Best For:
Mid-size and large contractors needing construction-specific policy forms, surety bonds, and dedicated risk engineering from a Fortune 500 carrier
Standout Feature:
Proprietary General Liability Choice® policy with contractor’s broad form endorsement, plus dedicated construction underwriting, claims, and risk engineering teams
Factors to Consider When Choosing Contractors Insurance Companies for High-Revenue Businesses
Financial Strength and Claims-Paying Ability
High-revenue contractors should work only with contractors insurance companies rated A or higher by AM Best. This rating proves the insurer maintains sufficient financial reserves to pay large claims. When your business carries multi-million-dollar liability exposures on complex projects, you need an insurer that won’t fold under pressure.
Coverage Limits and Umbrella Capacity
Standard general liability limits of $1 to $2 million per occurrence often fall short for high-revenue operations. Verify that your insurer can provide excess or umbrella policies with limits matching your contract requirements. Some large projects require $5 to $10 million or more in aggregate coverage.
Construction-Specific Endorsements
General commercial policies frequently exclude construction risks. Seek contractors insurance companies offering builder’s risk, contractor’s pollution liability, wrap-up programs (OCIP/CCIP), and completed operations coverage. These endorsements address risks unique to construction work.
Surety Bond Capacity
Government and commercial contracts often require performance and payment bonds. Confirm your insurer or broker can provide surety bonds with limits matching your project values. Bonding capacity ties directly to your financial history and the insurer’s underwriting appetite.
Dedicated Claims and Risk Engineering Teams
When major claims happen, dedicated construction claims adjusters and risk engineers make a real difference. Choose contractors insurance companies that assign specialist teams to construction accounts instead of routing claims through general commercial departments.
Final Thoughts
Picking the right contractors insurance companies for a high-revenue business means looking past premium costs. Start by confirming each insurer’s AM Best financial strength rating. Anything below A should raise concerns for contractors managing large, complex projects. Request detailed policy comparisons showing coverage limits, endorsements, exclusions, and sublimits side by side instead of relying on headline quotes. Ask directly about construction-specific forms and whether dedicated construction underwriting and claims teams exist. Check surety bond capacity if your work involves government or bonded commercial contracts. Finally, work with an agent or broker who specializes in construction insurance. Generalists often miss the endorsements and coverage structures that high-revenue contractors need. The right insurer becomes a long-term partner, not just a policy provider.
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