Whether you’re a seasoned general contractor, a specialty tradesperson, or a solo handyman, running a contracting business in New England comes with real risks. From job site injuries to damage claims and legal trouble, unexpected events can quickly turn into costly setbacks. That’s where contractor insurance becomes more than just a nice-to-have — it’s an essential part of protecting your business and peace of mind.
What Is Contractor Insurance?
Contractor insurance is a customizable set of insurance policies designed to protect contractors from the unique exposures their work creates. Unlike a standard business policy, it’s tailored for construction, renovation, repair, and specialty contracting jobs — helping cover financial losses you might otherwise pay out-of-pocket.
Key Types of Coverage Every Contractor Should Consider
Here’s a breakdown of the core protections most contracting businesses should carry:
- General Liability Insurance
Helps cover third-party claims for bodily injury or property damage that happen as a result of your work. - Workers’ Compensation
Required in most states if you have employees and protects them (and you) if they’re injured on the job. - Commercial Auto Insurance
Covers business vehicles used to transport people, tools, or materials. - Tools & Equipment Insurance
Pays to repair or replace stolen or damaged tools — a must for contractors on the go. ( - Professional Liability (Errors & Omissions)
Protects against claims of mistakes, planning oversights, or performance issues. - Builder’s Risk (Project Insurance)
Covers structures and materials during construction if they are damaged, lost, or stolen.
Each job and business is different, which is why most contractors work with an experienced insurance agent to design a package that fits their trade.
Why Contractor Insurance Matters
Contracting work isn’t just about skill — it’s about managing risk:
Legal Compliance & Licensing
Many states and licensing boards require proof of insurance before you can pull permits or bid on projects.
Financial Protection
Costly claims — even for small accidents — can quickly add up in legal fees, medical bills, and settlements.
Professional Credibility
Clients feel more comfortable hiring a contractor who can show a Certificate of Insurance (COI). This not only builds trust but also makes you more competitive.
Finding the Right Coverage in Fall River, MA
If you’re based in the Fall River, MA area and looking for reliable contractor insurance or guidance on the right protections for your business, local agencies can help. One trusted option in the community is:
New England Family Insurance — offering insurance support for individuals and businesses including contractors who need tailored coverage solutions. Their agents can help you assess your risks, choose appropriate policies, and secure certificates you can show to clients and partners.
You don’t have to navigate contractor insurance alone — working with a local, experienced agency brings peace of mind and ensures you aren’t over- or under-insured.
