Concrete is heavy work with heavy equipment, and insurance prices reflect it. Concrete contractors pay more than most trades for workers comp and commercial auto, because the trucks are bigger and the injuries are harder.
Liability claims usually come from surfaces: a slip on wet concrete, a driveway that cracks or settles unevenly, or a pour that runs late and holds up a job. Mixers, saws, and trowels round out the risk with theft and damage.
What insurance do concrete contractors need?
Here is how each type of concrete contractor insurance fits a typical concrete business, from what clients and states usually require to what depends on how you work.
General liability
Usually requiredSlip and surface claims are common. Pays for injuries and property damage you cause to other people.
About $119 a month for concrete contractorsWorkers comp
Usually requiredHeavy work brings high comp rates. Pays medical bills and lost wages when an employee gets hurt on the job.
About $240 a month for concrete contractorsCommercial auto
Usually requiredHeavy trucks and trailers. Covers trucks and vans you use for work, and the damage they cause.
About $413 a month for concrete contractorsTools & equipment
Usually requiredMixers, saws, and power trowels. Replaces tools and gear that get stolen, lost, or damaged.
License & surety bonds
Most carry itCommon on commercial and public jobs. A guarantee to your customer or the state that you will follow the rules and finish the work.
Business owners policy
Depends on your setupIf you keep a yard or shop. General liability and business property bundled together, usually for less.
About $140 a month for concrete contractorsHow much does concrete contractor insurance cost?
The typical concrete business pays about $119 a month, or $1,423 a year, for general liability, based on published customer data. Your price moves with your services, revenue, crew size, claims history, state, and the limits you choose.
| Policy | Typical monthly | Typical yearly |
|---|---|---|
| General liability | $119 | $1,423 |
| Business owners policy | $140 | $1,680 |
| Workers compensation | $240 | $2,880 |
| Commercial auto | $413 | $4,956 |
Source: Insureon cost data for this trade. Yearly figures without a published annual number are the monthly figure times twelve. These are typical figures, not quotes.
Want a number for your setup? Try the contractor insurance cost calculator, or see ways to get cheap contractor insurance.
Common concrete insurance claims
- Slips and uneven surfacesWet concrete and finished surfaces that settle unevenly lead to injury and damage claims.
- Burns and breathing problemsWet concrete causes chemical burns, and cutting creates silica dust. Workers comp covers employees.
- Heavy vehiclesConcrete trucks and loaded trailers bring higher commercial auto prices.
- DelaysWeather and scheduling can delay a pour and spark disputes over the schedule or the finish.
Concrete license and bond requirements
Concrete work falls under general or specialty contractor licensing in many states above a job value. Commercial and public jobs often require bonds. Check your state contractor board and local permit office.
Confirm before you rely on this. Licensing and insurance rules change, and cities can add their own. Check with your state licensing board and a licensed agent before you bid.