Contractor Insurance in Richmond Hill, Ontario

Why Choose SIG?

At SIG, we understand the unique risks that contractors face every day. From job site injuries to property damage and legal claims, our contractor insurance solutions are designed to protect your business at every stage.

• Built for Trades: We serve general contractors, electricians, plumbers, HVAC techs, landscapers, and more.
• Custom Coverage: No two jobs are the same — we tailor your policy to your trade, tools, and risk profile.
• Affordable Premiums: We find the best rates from top Canadian insurers without compromising coverage.
• Expert Claims Support: Fast, fair claims handling to get you back on the job.
• Local Advisors: Talk to someone who knows the construction industry in Richmond Hill — available 24/7.

📞 Speak with an advisor today: Call 1-416-628-3101

What is Contractors Insurance?

Contractors insurance is a specialized package of coverages designed to protect self-employed tradespeople and construction businesses from the financial risks of operating on-site or in clients’ homes.

It typically includes:

• Commercial General Liability – Covers injuries or property damage caused to others.
• Tools & Equipment Coverage – Protects your gear from theft, fire, or vandalism.
• Installation Floater – Covers materials waiting to be installed on-site.
• Commercial Auto Insurance – Insurance for your work trucks or vans.
• Workers’ Compensation – Covers employees injured on the job.

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Why You Need Contractors Insurance in Richmond Hill

As a contractor in Richmond Hill, you face real-world risks every day — from accidents on the job site to unexpected damage at a client’s home. Without insurance, even a small mistake could lead to a costly lawsuit or equipment loss.

• Legal compliance: Many clients and project owners require proof of insurance before awarding contracts.
• Financial protection: Covers lawsuits, equipment losses, injuries, and more.
• Professional image: Carrying insurance builds trust and sets you apart from uninsured competitors.

Protect your livelihood with the right coverage from SIG.

Common Coverage Options for Contractors Insurance

• General Liability Insurance: Covers third-party bodily injury and property damage.
• Tools & Equipment Insurance: Covers loss or damage to tools due to fire, theft, or vandalism.
• Commercial Auto Insurance: Covers work-related vehicles.
• Installation Floater: Protects materials and fixtures before they’re installed.
• Builder’s Risk Insurance: Covers buildings under construction.
• Workers’ Compensation: Covers workplace injuries and lost wages.
• Pollution Liability: For contractors handling hazardous materials.

Factors That Impact Contractors Insurance Costs in Richmond Hill

• Type of Work: High-risk trades (like roofing or excavation) may have higher premiums.
• Number of Employees: More workers = greater risk exposure.
• Years in Business: Experienced contractors may get better rates.
• Claims History: A clean record helps lower your cost.
• Coverage Limits: Higher limits provide more protection but may cost more.

Filing a Claim

Visit our Claims page for instructions on how to proceed.

Frequently Asked Questions

Do I need contractors insurance if I’m a sole proprietor?

Yes — even one-person operations face risks from third-party injuries, equipment loss, or legal disputes.

Is this required by law in Richmond Hill?

While not always legally required, it’s often mandatory for contracts, permits, and work on commercial sites.

Can I get coverage for multiple trades?

Yes, if you operate across multiple services (e.g. electrical and plumbing), we can bundle your coverage accordingly.

How can I reduce my premiums?

• Maintain a clean claims history
• Use safety programs and employee training
• Bundle your policies with SIG for multi-line discounts