Safenet Insurance Group writes contractors insurance across North Carolina â general contractors, electricians, plumbers, HVAC, roofers, framers, painters, landscapers, and every trade in between. We build the program that satisfies your contracts and protects your business. Call (336) 280-4606 or quote online.
Core Contractors Insurance Coverages
- General liability (CGL) â required by virtually every commercial contract in NC. $1M/$2M minimums are typical.
- Workers’ compensation â required in NC for most contractors with 3+ employees. Critical even for 1-person operations if your GCs require it.
- Commercial auto â covers your work trucks, vans, and trailers. Personal auto excludes business use.
- Tools and equipment coverage â covers stolen, damaged, or lost tools whether on the job, in transit, or in the truck overnight. A $500 deductible saves a $10,000 tool loss.
- Installation floater â covers materials in transit to a job site and materials installed but not yet accepted by the owner.
- Builders’ risk â covers structures under construction. Required by most lenders and GCs on new construction projects.
- Commercial umbrella â extra liability above CGL and auto. Often required at $1Mâ$5M on larger contracts.
- Surety bonds â performance, payment, license, and contract bonds required by NC contracts and licensing boards.
What Most NC Contractor Contracts Require
If you bid commercial work in NC, your contracts probably require:
- General liability $1M occurrence / $2M aggregate minimum
- The owner/GC named as additional insured
- Waiver of subrogation in favor of the owner/GC
- Primary and non-contributory language
- Workers’ comp with employer’s liability at $500k/$500k/$500k
- Commercial auto at $1M combined single limit
- Umbrella at $1Mâ$5M depending on project size
- Certificate of insurance (COI) delivered before work starts â usually within 24 hours
We handle all of it. COIs are processed same-day for current clients â usually within an hour of request.
Why Independent Matters for Contractors
Contractor underwriting varies wildly. One carrier may decline a roofer outright; another may write the same roofer at half the price of the next-best market. We have access to multiple commercial carriers and program markets, so we shop your application to the right carrier for your class code, payroll, revenue, and loss history â instead of fitting your business into whatever a captive carrier sells.
Trade-Specific Programs
We write specialized programs for:
- General contractors and home builders
- Roofers, framers, and structural trades
- Electricians, plumbers, HVAC
- Painters, drywall, flooring
- Concrete, masonry, excavation
- Landscapers and grading contractors
- Specialty trades â pest control, fence, glass
Frequently Asked Questions
How much does general liability cost for a NC contractor?
Typically $600â$2,400 per year for a small contractor depending on trade, revenue, payroll, and loss history. Higher-hazard trades like roofing, framing, and excavation cost more.
Do I need workers’ comp if I’m a sole proprietor?
NC doesn’t require it for sole proprietors with no employees. But most GCs and clients require it as a contract condition. Buying coverage is usually cheaper than losing the contract.
Can you provide same-day certificates of insurance?
Yes. For current clients, COI requests are typically processed within an hour. No more lost jobs because the certificate wasn’t ready.
Do you write builders’ risk?
Yes â for both ground-up new construction and renovation/remodel projects. Required by most lenders.
Get a Contractors Insurance Quote
Call Safenet Insurance Group at (336) 280-4606 or request a quote online. We’ll map your trade, payroll, revenue, and contracts to the right commercial market.
Related Coverage
- Surety bonds — contract, license, and permit bonds
- Commercial auto
- Workers compensation