Florida General Contractor Insurance Frequent Questions

1. Is insurance for General Contractor required in Florida?
2. What is the price of General Contractor insurance?
3. Who is Florida general contractor insurance for?
4. Do I need Workers Comp and General Contractor liability insurance?
5. What coverages are common to General Contractor businesses?

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Is insurance for General Contractor required in Florida?

General contractor liability insurance is not required by the state of Florida. However, it is required by most counties. You should contact your county to find out if insurance is required and if so what limits of insurance are required.

Insurance for "handymen" or artisan contractors may start as little as $500. Insurance for small licensed general contractor businesses start at $1,000. The larger the business the higher the risk and premium. It is based on annual sales, payroll, percentage of sub-contractors used and type of construction.

A full quote is easy and no obligation, but requires specific information about your business.

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What is the price of General Contractor insurance?

Insurance for "handymen" or artisan contractors may start as little as $500. Insurance for small licensed general contractor businesses start at $1,000. The larger the business the higher the risk and premium. It is based on annual sales, payroll, percentage of sub-contractors used and type of construction.

A full quote is easy and no obligation, but requires specific information about your business.

Get a full quote now!

Who is Florida general contractor insurance for?

General contractors manage the construction of a new building or renovation to an existing building. They are in charge of not only the construction site, but also of the entire project. Normally, general contractors have an area of specialty, such as single family homes, commercial buildings, or specific types of buildings such as restaurants, factories or stadiums. Most have a set group of permanent employees, and then subcontract the remaining tasks to other specialty subcontractors. In Florida, firms whose employees do no actual construction work are commonly called "paper" contractors. More often, however, they act as "prime" contractors, typically performing the framing carpentry, structural masonry, or metal building erection. The remaining jobs are subcontracted ("subbed out") to others. Plumbing, heating, and electrical are collectively referred to as the mechanicals.

Once the Florida land has been purchased and the design or architectural work has been done, the general contractor takes the project from the site or land preparation, through excavation and laying of the foundation, to the completion of the building, including the interior finish. Typically, the general contractor first turns the architect’s design into specifications for work and materials, setting quality standards and also scheduling the phases of the project, as well as dictating insurance requirements for the project as a whole and for the subcontractors. The contractor then lets bids (solicits competitive proposals) from potential subcontractors and suppliers. Together with the customer (the project owner), the general contractor then awards the bids to the successful Florida subcontractors. It is also the general contractor’s responsibility to coordinate with all local and state ordinances, codes and zoning requirements. This includes purchasing the necessary permits and obtaining the necessary surety bonds.
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Do I need Workers Comp and General Contractor liability insurance?

Single-man contractors may operate without workers compensation insurance, however once the business hires any employees workers compensation insurance is required by the State of Florida. Active owners may exempt themselves from this requirement. General liability insurance is not specifically required by the State but is most likely required by your County. You should contact your county for General Contractor insurance requirements. You can find the form to exempt yourself as an active owner here.

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What other insurance should a General Contractors consider?

Business Personal Property, Builders Risk, Employee Dishonesty, Surety Bonds, General Liability, Employee Benefits Liability, Umbrella Liability, Commercial Auto, Workers Compensation