Contractors Insurance Built for Your Business

Yes. Minnesota law requires most employers — including contractors — to carry workers compensation insurance as soon as they hire their first employee. Sole proprietors and partners are generally exempt but may elect coverage. Subcontractors may also require coverage depending on your contract terms. Operating without workers comp exposes your business to significant penalties and personal liability. Call 651-243-0056 and we will assess your specific obligations.

General liability premiums for contractors vary based on your trade, annual revenue, number of employees, coverage limits, and claims history. As an independent broker, we compare rates from multiple carriers to ensure you are not overpaying. Most contractors in the Twin Cities area benefit from our ability to source competitive options that single-carrier agents cannot access. Contact us for a precise quote based on your actual business profile.

General Liability covers third-party bodily injury and property damage caused by your operations — for example, if a subcontractor damages a neighboring property. Builders Risk covers the structure being built and materials on site against damage from fire, weather, vandalism, or theft during the construction period. Most project owners and lenders require both. We can structure a package that addresses both exposures.

Professional Liability — also called Errors & Omissions (E&O) — is critical for contractors who provide design recommendations, specifications, or consulting services in addition to physical construction work. Design-build contractors, engineers, architects, and specialty trades frequently require this coverage. Even a well-intentioned error in a specification or recommendation can result in a costly claim. We will help you assess whether your scope of work creates a professional liability exposure.

A surety bond is a three-party agreement between you (the principal), your client or obligee, and a bonding company (the surety). The bond guarantees that you will fulfill your contractual, legal, or regulatory obligations. Common types include: Bid Bonds (guaranteeing you will honor a submitted bid), Performance Bonds (guaranteeing project completion), Payment Bonds (guaranteeing payment to subcontractors and suppliers), and License Bonds (required by many Minnesota municipalities and licensing boards). We work with bonding markets to secure the right bond for your project or license requirement.

Yes. As your insurance broker, we can issue certificates of insurance — including additional insured endorsements when required — quickly to meet your project deadlines. We understand that waiting days for documentation can cost you a contract. When you work with Dayton Insurance Agency, certificate requests are handled promptly. Call us at 651-243-0056 and we will coordinate everything you need.