Construction Casualty Insurance Insurance: Average Premiums & Pricing Factors
Quick Answer
How much does Construction Casualty Insurance cost? Average premiums by business size, industry, and state — plus the key factors that drive your rate up or do…
Comprehensive FAQ, cost guide, and claims examples for construction casualty insurance — liability coverage for contractors and construction businesses.
What You Need to Know
Construction casualty insurance provides general liability, completed operations, and excess coverage for contractors, builders, and construction companies.
Construction Casualty Insurance Cost by Business Size
| Business Size | Annual Revenue | Typical Premium | Notes |
|---|---|---|---|
| Small Contractor | Under $500K | $2,000–$5,000/yr | Basic liability coverage. |
| General Contractor | $2M+ | $10,000–$50,000/yr | Higher limits and completed operations. |
What Determines Your Premium?
- Contractor Class (High impact) — Roofing and structural work cost more than interior finishing.
- Revenue (High impact) — Higher revenue means more exposure and higher premiums.