Givesurance
Navigating Contractor Insurance: A Comprehensive Guide from Givesurance
Coverage essentials, COI management, and practical risk controls for contractors and small business owners.
By Admin
August 27, 2025
1 min read
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Table of Contents
Whether you're a general contractor or specialty trade, the right insurance protects your revenue and unlocks bigger jobs.
Core Coverages§
- General Liability (GL)
- Workers' Compensation
- Commercial Auto
- Inland Marine/Tools & Equipment
- Umbrella/Excess Liability
Managing COIs (Certificates of Insurance)§
- Track expiration dates and additional insured requirements
- Standardize subcontractor COI collection
- Keep endorsements (AI, Waiver of Subrogation, Primary & Non-Contributory) organized
Risk Controls That Lower Costs§
- Written subcontractor agreements
- Safety programs and jobsite audits
- Clear scope and change-order documentation
Bid-Ready Checklist§
- Active COIs for you and subs
- Correct limits and endorsements
- No lapses in GL/Workers’ Comp
Key Takeaway§
Strong coverage + organized COIs = faster approvals and better margins.