Who Are The Best New York Contractors Liability Insurance Companies for 2023?

If you're looking for the best liability insurance for your New York construction business, you've come to the right place. 

In New York, especially in the five boroughs, the market changes frequently. With constant changes, it is important to have a broker who manages construction risk on a daily basis. The number one reason.

New York home insurance is difficult is the "advance" claim. The lawsuit that was closed is also why New York contractors pay an average of 10 times what contractors in other states pay for liability insurance.

Before entering the company, let's make an important introduction.

In the insurance world, a "general contractor" is a contractor who does not do the work himself, but puts most of the work into the contract.

Unfortunately, there is no one-size-fits-all company in New York and New York City. You can use the links below to reach the companies in your sector.

Directory

New York City Contractors

• General Contractors

• Commercial Contractors

Out of Town (not 5 counties) Contractors

• General Contractors

• Commercial Contractors

As many of our visitors and customers call New York Contractors, where we want to start.

Large New York City Commercial General Contractors

Who: The best insurance company for larger commercial contractors is Travelers Insurance Group.

Attorney vs lawyer: What's the difference?

Travelers have a great right to qualified personnel. The comprehensive program, access to training (no access link available), flexible payment options and free risk assessment help you develop your business safely and optimally.

Travelers, founded in 1864, is an important player in the insurance world. It has an A+ rating from AM.

Provide the best service and efficiency for businesses and individuals.

Why: Travelers here are a wise choice for several reasons. I think the biggest feature is that they can offer all products: 2mm/4mm options, umbrellas up to 25mm, warranty including paid staff, engine work, in the ocean and even relationships.

Travelers can be your only insurer for all your lines; this is great from a convenience and financial standpoint. The hardest part for

Travelers is completing the qualifying round.

They just want companies to focus on larger businesses and companies that play by their rules and take risks appropriately. If you qualify, you will be at the top insurance company for many years to come.

New York City Medium and Residential General Contractors

People: Prime Specialty is the best choice if your business is mixed and commercial or just a large area. The

Prime starts at around $250,000, so it's not ideal for small businesses, but midsize businesses will find comprehensive policies at competitive prices.

Why: Prime guarantees stricter New York spending that many other stores refuse to offer.

Prime also has higher limits and caps along with the broader form of service. The biggest disadvantage of the

is that the minimum price is too high. In addition, Prime is also a good option if your needs and budget allow.

NYC Small Residential & Commercial Real Estate

Who: If Prime's low prices are beyond your budget, Mt. Hawley would be the best choice.

While coverage is more complex with hammer points and height restrictions, coverage is still pretty good if you can get past these limitations. In some cases, Holly Hill writers are flexible about their limitations. The

has a starting price of just $40,000, which is inexpensive compared to some other options. Chapter

Reason: Mountains.

Founded in 1979, Hawley has an AM Best A+ rating. Newcomers to the New York City home insurance industry.

However, they have moved to a more comprehensive accounting and writing process to make it easier for you to get paid quickly and easily.

Residential Only NYC General Contractors

Who: For contractors who live tight, for responsible contractors, Southwest Marine may be the best choice. The minimum asking price of

New York City is just $25,000.

Coverage is slightly more than Prime, but still offers coverage at a lower price. If you choose to include COI maintenance, they will include the hammer in the coverage. They can provide a 2mm/4mm first limit.

Why: Southwest Marine was founded in 2005 and is rated A by AM Best.

Southwest has worked with real estate developers for many years and has policies designed to meet the unique needs of real estate developers.

Self-employed aka business people

Foreign insurance companies are different from business when it comes to self-employed people. The best insurance company for an electrical contractor is not necessarily the best insurance company for a roofer.

 

New York City Carpentry Contractors

Staff: Carpentry is a tough job for insurance brokers.

MiniCo, however, is New York City's leading woodworking company. Based in New York, MiniCo understands the unique needs and services of the New York woodworking market.

With 100 years of history and AM Best of A, MiniCo is ready to meet your needs.

Why: MiniCo has rules that can be customized for your business, which is good because many companies comply with NYC building codes. The

fees can start as low as $25,000, which is reasonable for coverage. Including extensive information, additional insurance package, option to increase the height limit above the correct 3 levels, end of action, the downside of MiniCo is the hammer item.

This is a bigger problem if you are using a subcontractor.

In conclusion: In terms of coverage and cost, the planter liability insurance offered by MiniCo is solid.

New York City Small and Medium Wall Construction Contractors

Workers: Wall construction involves high risks, such as high heights, workers falling, and bricks falling. Not surprisingly, finding the right insurance policy can be difficult.

MiniCo, however, is a leader in quality and affordable insurance policies for growers in New York City.

Why: MiniCo can provide quality service for as little as $25,000, making it a leader in tree planting services in NYC.

Additionally, MiniCo can provide umbrella insurance as well as liability to meet the $5 million umbrella requirement. The downside to the

MiniCo is the height limit and hammer substance. This can become a problem if you are trying to grow your masonry business to handle larger projects.

In conclusion: If you are willing to accept the height limit, MiniCo may be your best choice for contractors liability.

New York City Great Masonry Contractors

Who: American Empire is probably the best warranty option for your large masonry business.

As the masonry industry continues to grow, the overall cost and height of work will be higher.

When your business starts operating above level 3, business insurance is further restricted.

Prices start at $250,000+ for the masonry rule with no height limit, offering a variety of operations and general services, but it allows you to tackle big jobs and take your business to new heights.

Why: For years, the United States has provided comprehensive services to New York City's hardest working people. It is rated A+ with AM being the best.

America has a great reputation in the construction world and when you work with a GC or developer they won't have any issues with your policy, unlike some lower and more expensive options.

Bottom line: The AE is by no means the cheapest option, but it is the broadest and most versatile option available today. When your employees are working at a high level, the last thing you need is a random question.

NYC Plumbing Contractors

Who: Trisura is the top choice for plumbing contractors large and small in NYC.

Why: Because Trisura offers a comprehensive service for your plumbing needs.

You will be able to accept work from GC or the strictest developer with an additional package of insurance, consent and liability exemption, as well as the right to manage the pipeline with Trisura.

Bottom line: Trisura will provide the protection you need. While this policy may not be the cheapest liability insurance, it will be a comprehensive service that will get you running worry-free.

New York City Electrical Contractors

Who: If your electrical company is looking for the best service, look no further than Trisura.

has policies for electrical workers small and large, and you can have peace of mind when you have a Trisura policy.

Why: General compensation, resolution, and salary-based compensation.

Conclusion: Electrical contractors have many options when it comes to warranty, but perhaps none is better than the comprehensive coverage Trisura offers.

NYC HVAC Contractors

Who: HVAC contractors often have limited options when it comes to choosing the right service in NYC. Among these limited options, Trisura is the best.

Trisura will provide your HVAC business with a comprehensive, cost-effective service to meet your customer's needs.

Why: The reason Trisura is the top choice for HVAC contractors is simple: Service! Nothing gets rated when price matters in

New York. The good news is that the price is competitive for contractors large and small alike.

Bottom line: Trisura is a good company that can provide easy service and HVAC specific height restrictions, allowing you to work in the tallest buildings while maintaining service.

New York City Roofing Contractors

Who: When it's time to insure your roofing business, the right of limitation or limitation does not apply.

For most forms, your best bet is Imperial Insurance Company of America. Price starts at $250,000, but no other company can match the program.

Why: Imperial is a leading force in high-risk construction insurance.

is one of the few companies that deals with high-risk business like roofing contractors every year. A+ rated, they have the financial resources to pay your receivables if they are.

Bottom line: Imperial Insurance can be expensive and somewhat difficult to qualify for a policy, but it also offers the best policies and the best content.

New York City Scaffolding and Hardware Contractors

Who: Although some scaffolding contractors have the right to joke, scaffolding is no joke. A discount insurance policy is not an option when your team is building a 15+ story scaffolding in New York City.

Imperial offers the best service due to limited selection and lowest prices.

Cause: America is the only company that does not consistently have height restrictions and coverage for NYC scaffolding contractors.

Bottom line: You get what you pay for. When the request is fulfilled, Imperial pays you.

NYC Environmental Contractors, including mold, firefighting, and asbestos remediation

Who: If you work in the environmental industry, liability and responsibility are important. The common policy of no finger pointing is a big win, and Markle delivered it. Episode

Reason: Markel is rated A.

M. Best lived nearly 100 years. Moreover, the common policy is broad and comprehensive. The

Markel team also has the flexibility to create special deals, including high exemptions for optional discounts.

In conclusion: Markel is creative in providing insurance solutions for employees of all needs.

Upstate and Non-New York City Contractors

The good news is that when you move out of New York City, there are a few other options that are worth considering for your construction insurance needs.

However, not all options outside of New York City are the best. That said, I will describe the best options for most of the contractors we work with on this list.

Countryside Large Business Owners Outside of NYC

Who: When your business income exceeds $10 million, your best bet is Travelers Insurance. They provide the most comprehensive and comprehensive information to the contractor business.

In addition to liability, Traveler has an umbrella, workers' compensation, auto insurance, and even equipment contracts. It provides a seamless single carrier experience for billing and invoicing.

Reasons: The main reason for choosing travelers is the ability to provide coverage and all coverage in addition to good prices.

In addition, you can have risk management and risk assessment and determination of the location of your business free of charge.

Conclusion: If you meet the minimum sales requirements, the traveler is the best option.

Upstate and Out of New York Small and Medium-sized Residential and Commercial

Who: If your general contracting company works in the construction and commercial industries, Peleus Insurance will be the best choice for you. Peleus has a rating from AM as the best financial guarantee to pay your damages when they happen.

Why: Simplicity and generality are the number one reason to choose Peleus for your general contracting company.

Few companies are willing to provide insurance coverage for residential and general commercial customers. Also, the minimum premiums are reasonable to make this policy suitable for you.

Conclusion: Peleus is financially sound and offers the protection you need at a reasonable price.

Uptown and Out of NYC Small Residential General Contractors

Who: When it's time to make the right choice for your residential contracting business, Southwest Marine is your best bet.

Southwest offers general housing workers who pay for action in flexible language.

Why: The main reason to choose Southwest is for new homes or custom ratings based on renovation costs.

This really helps you budget better to avoid big audits.

Conclusion: Southwest Airlines is a long-time player in the home building and home insurance industry.

Countryside and self-employed contractors outside of NYC, aka commercial contractors

If your business uses direct labor for construction, you are classified as a contractor business language in the insurance world.

Upstate and Out of NYC Woodworking Contractors

Who: Choosing scope for your woodworking business is critical.

This option is easy when you qualify for a policy with Main Street America.

Why: Main Street America is a top choice for many reasons, including an A rating from AM. Even better, it shows that they have the financial resources to pay in case of a claim.

They also offer a wide range of services, including transportation, ancillary services, and the ability to provide commercial vehicle and umbrella services.

Bottom line: Main Street America was there when demand came true, and it has been there since it was founded in 1923.

Uptown and Out of NYC Masonry Contractors

Who: American liability insurance is the best liability insurance among masonry for small contractors to install. Main Street Group.

MSA is the industry leader in construction insurance in Upstate New York.

Why: The main reason MSA is the best is its breadth and ability to provide different types of coverage such as liability, umbrella liability and maintenance car insurance business.

SUMMARY: Main Street America is the best choice for small home builders in upstate New York with its wide coverage and affordable prices.

City tall buildings. Unlike many other companies, there are no additional height restrictions to provide general services in America.

Why: Country State is the leader in high-risk construction insurance throughout the State of New York. They have the financial reserves to pay for cases if they occur, and the scope is so broad that there are few or no refusals.

It's expensive, but you don't want to risk buying cheap insurance if your team works in the field.

In conclusion: Policies don't come cheap, but you can get the coverage you need for your masonry business.

and high reputation in the industry so you don't have to travel for new companies every year.

Upstate and Out of NYC Plumbing Contractors

Who: Plumbers have many options for liability coverage. But CMB has become the top choice for most plumbers.

With comprehensive coverage, auto insurance, umbrellas and workers' compensation, Traders can be your go-to insurance company for all your needs.

Reason: Merchants is a Buffalo, NY-based insurance company that allows top contractors to get a personal view of their needs. The

was built in 1918 and is rated A by AM Best of all, you can count on Mutual Traders to stand by when needed.

Bottom line: Merchants is the only insurance company in New York. They give good service to people who do the necessary work.

Upstate and Out of NYC Electric Contractors

Who: If you're looking for the best liability insurance for your electrical contracting business, look no further than Merchants Mutual in Buffalo, NY. With a full range of products, they can cover your vehicle, your employees and your responsibilities.

Reason: Founded in 1918, Merchants has a long history of paying New York contractors.

Additionally, traders are given an employee rating which can be very helpful during the review.

Conclusion: Traders are there for you when you need them.

Uptown and Out of NYC HVAC Contractors

Who: Air Conditioning and Heating Contractors, aka HVAC are often roughly referred to as Mechanical Contractors, but for insurance reasons we sometimes need to separate them.

However, the good news is that Main Street America is for you. Whether your HVAC business is doing plumbing or electrical work in addition to the HVAC business, a wide range of services are available.

Why: MSA's long-term commitment to HVAC contractors in New York, plus its ability to be a full-service provider makes MSA a top insurance provider.

Conclusion: MSA has the financial stability and security to meet your demands should they arise.

Uptown and Out of NYC Roofing Contractors

Who: If you need the best liability insurance for your roofing business, Admiral should be your first choice.

Admiral is one of the few companies to offer comprehensive roofing services.

Why: Admiral is the best choice because of its comprehensive database that provides the best service for your business.

The price is also reasonable for the coverage.

Conclusion: Good payout with good coverage is always a good bet, and that's what Admiral offers to NYC roofing contractors.

Uptown and Out of NYC Scaffolding Contractors

Who: If you're involved in scaffolding, you know the risks involved and may have less than ideal coverage.

But United States law will not be like that.

Why: State of the Nation offers comprehensive services covering your scaffolding business.

No height limit!

AE is part of the Great American Group and is rated AM's top insurance company with the largest financial resources to cover your claims should they occur.

Bottom line: When the need arises, Imperial is here to help.

The downside is the lowest price and the inability of small firms to pay AE.

Uptown and Out of NYC Environmental Contractors Include Fire Water Restoration and Mold and Asbestos Contractors

Who: If you're in the fire restoration or mold and asbestos restoration business, you'll need a policy from Markel Insurance.

They offer the comprehensive liability and pollution policies you need to properly protect your business.

Cause: In addition to the general service that protects you in the event of a damage, Markel has a new subscription that lets you pay for what you need and not for extras. The best example of

is discretion, which allows lower costs to be prosecuted.

Let contractors who may have given up on insurance in the past decide.

In conclusion: Markel is in good financial standing and will be asked to arrive on time. They are the top choice for environmental workers in New York today.