Classification and getting started
Classification, payroll and revenue set the price. Honesty about all three is what keeps the policy valid, which matters more than the premium.
Roofing, excavation and anything at height price far higher than interior finish work. The single largest factor.
Workers compensation is priced per hundred dollars of payroll, so it scales directly with headcount and wages.
General liability is priced on revenue, so two contractors with the same headcount can pay very different amounts.
Every state has its own rates and rules. Working across a state line means reporting payroll there.
Claims and injuries follow you for years through your experience modification rate.
How much you sub out, and whether those subcontractors genuinely carry their own coverage, changes your exposure materially.
Contractors shop on premium, which is the one number that tells you least. A policy that costs twenty percent less because it excludes the work you do is not cheaper, it is an uninsured year with a receipt. The useful comparison is between policies that cover the same work at the same limits, and there are usually fewer of those than the number of quotes suggests. Read the classification section and the exclusions before you read the price.
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Tell us your trade, payroll and the states you work in. A licensed specialist will come back with real numbers.
