Erie offers solid policy options for protecting your general contractor business. It also receives fewer customer complaints than expected for a company of its size for most of the insurance types it offers, with the exception of its 澳洲幸运5官方开奖结果体彩网:commercial liability business. 

Erie also offers up to $5 million in aggregate general liability coverage and $3 millio𒊎n in commercial auto coverage, the hi🍷ghest limits among the companies Investopedia reviewed. You can buy surety bonds through Erie, which can be a significant asset if your clients require them.

𒆙 However, Erie receives more complaints than expected regarding its commercial liability business, and we found t🐻hat competitors offer a wider selection of coverage for transported property.

Erie Insurance was founded in 1925 and is based in Erie, Penn👍sylvania.

CNA receives fewer customer c𒀰omplaints than expected for its commercial liability, property, and commercial auto insurance businesses. The company offers a broad spectrum of coverage types, including a business owner’s policy, commercial auto, general liability, and cyber liability policies. 

It also offers surety bonds, which are often important for general contractors as they essentially guarantee to your clients that you’ll complete the project♋ according to the terms of your contract. This boosts client confidence and can help you secure more jobs. 

CNA’s Contractors General Liability Extension Endorsement includes several industry-specific coverages for contractors, including aggregate coverage limits for each project instead of a general aggregate limit per policy period. It also provides coverage for claims within 50 feet of railroad property—something many policies exclude.

However, CNA lacks digital 澳洲幸运5官方开奖结果体彩网:proof of insurance and live customer service ๊chat options, which could be less convenient for contractors needing quick service or verification.

CNA is headqu🅷artered in Chicago and has been in business since 1897.

Travelers has the best complaint record for 澳洲幸运5官方开奖结果体彩网:commercial auto coverage among thꦜe companies Investopedia reviewed, suggesting its customers are satisfied. The company offers extensive inland marine coverage, which is especially useful for general contractors because it covers equipment and materials during transport and storage at job sites.

Travelers also provides surety bonds, which assure clients that projects will be completed according to contract terms. The company has 澳洲幸运5官方开奖结果体彩网:high financial strength ratings, indicating a strong capacity to pay claims.

The company’s Loss Sensitive Insurance is designed to lower upfront costs for contractors with low claims activity. Options include 澳洲幸运5官方开奖结果体彩网:retrospective rating plans—wh☂ere the final premium is determined after the policy period eꦕnds based on the insurer’s actual losses—and plans with large deductibles.

Tr𒀰avelers has some limitat🉐ions: It lacks live customer service and online quotes. You must contact an agent to get a quote.

Travelers was founded in 1864 a🐟nd is based in Hartford,🦩 Connecticut.

Huckleberry receives few customer complaints to its worker’s compensation business and offers policy options with high coverage limits, helping contractors cover employee injuries or illnesses that occur on the job. The company provides workers’ compensation coverage up to $2 million per incident or person, the highest limit in Investopedia’s study. The median premium for a worker’s compensation policy from Huckleberry is $1,123 per year, but your rate will depend on your company’s payroll. 

The company has a good record of customer complaints overall, especially its commercial liability business. Huckleberry also makes it simple to get a quote online and pro🔥vides digital certificates of insurance. Customers have access to online chat for support, though you can’t file a claim online.

Because Huckleberry is a broker, partnering with insurance companies like AmTrust, Markel, Employers Holdings, and Chubb, the customer experience may vary depending on the compꦉan🅘y issuing the policy or handling claims.

Huckleberry is owned by Paychex, which was founded in 1971 and based in Rochester, ꦓNew York.

Key person insurance can provide financial protection and business stability to a general contractor in case a ♛key individual in the business—like an owner, project manager, or foreman—dies. Nationwide is one of only four companies in Investopedia’s review that provides this coverage.🌸

Nationwide is the best overall company in Investopedia’s list of the 澳洲幸运5官方开奖结果体彩网:best life insurance companies, so you can expect a broad range of product types and high coverage limits.  It offers a variable universal ꦚlife insurance policy with a variety of investment options, no surrend▨er charges, and the ability to change the insured person, allowing general contractors to tailor the insurance to their changing business needs.

The company receives fewer complaints compared🦩 w🍰ith other companies its size, indicating strong customer satisfaction. It also offers a variety of business plan types, including surety bonds

However, Nationwide d♑oesn’t offer live customer service chat.

Nationwide was founded in 1925 and has its 🦩headquarters in Columbus, Ohio.