home renovation contractor insurance costs

We offer customized packages to each customer so you can find the coverage that you want. You pay only for what you need.

Home renovation contractor business owners like you typically purchase a combination of coverage in their insurance package, including:

• General liability — can help protect you if bodily injury or damage to someone else or their property occurs
• Tools & equipment — can help protect you if your tools are lost, damaged or stolen
• Commercial property — can help protect you if you own your own building, lease property or work from home

After you answer a few basic questions with our online instant quote, you can review your options and choose the amount of coverage you want from our Basic, Pro and Pro+ packages.

Continue reading to learn more about how much different types of insurance costs and their coverage limits.

General liability insurance costs 84% of our customers $78 on average per month.

It can help to protect your business from financial losses related to customer injuries, accidental damage to someone’s property and copyright infringement.

Commercial property insurance costs 53% of our customers between $33 to $62 per month.

Commercial property insurance can help with replacement costs or repairs to your equipment, inventory and real estate (if you own it) if damage is caused by faulty sprinklers, frozen pipes, a power surge or other covered event.

Since property insurance sets limits based on what you need in a specific situation, coverage is unique to every customer.

Tools & equipment insurance costs 39% of our customers $38 on average per month.

Tools and equipment coverage (sometimes referred to as Inland Marine insurance) makes sure your gear is protected wherever you take it. This coverage is available as an add-on to our general liability insurance for contractors and cleaning businesses.

Start an instant quote. We’ll ask you some basic questions about your business and operations, which we’ll use to create a customized insurance quote.

If you like what you see, you can adjust the package limits to fit your preferences and make your purchase.

Your insurance will begin immediately after payment, and you’ll have access to your certificate of insurance. The self-service tools also allow you to pay premiums, add an additional insured and file claims.

The streamlined process, which can be completed without needing to talk to an agent, makes it possible to purchase insurance in a matter of minutes.

And if you do have questions, our licensed, U.S.-based insurance professionals are ready with the answers.

Start a free instant quote today.

Disclaimers

¹ Based on general liability minimum premium for home renovation contractor businesses in Texas. To the extent permitted by law, applicants are individually underwritten, not all applicants may qualify. Individual rates and savings vary. Policy documents govern.

^* Coverage and discount availability and eligibility varies, not available in all states.

^** The cost data presented here are based on NEXT active customers data obtained over the previous 12 months. The price range is based on cost data of equal to or over 51% of NEXT active customers in the U.S. who purchased each respective type of insurance policy. These data should not be considered a substitute for obtaining a quote specific to your business. These data were updated in December 2024.

^*** To the extent permitted by law, applicants are individually underwritten, not all applicants may qualify. Individual rates and savings vary. Policy documents govern. Discounts and savings are available where state laws and regulations allow, and may vary by state. Certain discounts apply to specific coverages only.