Understanding the true cost of general contractor insurance is essential for accurate project bidding, business planning, and maintaining healthy profit margins. This comprehensive guide analyzes over 800 general contractor insurance quotes from leading insurers across all 50 states, providing you with detailed benchmarking data to evaluate your current premiums and identify potential savings opportunities.
Our analysis reflects quotes for three distinct business profiles that represent the typical growth trajectory of general contracting businesses. For small contracting firms generating $500,000 in annual revenue, we analyzed businesses with an owner plus 3-5 employees, minimal subcontracting (under 10%), established for 3+ years with clean claims history. Mid-size contractors at $1 million revenue represent operations with 8-12 employees, approximately 20-25% subcontracted work, established businesses with 5+ years experience and documented safety programs. Established contracting companies at $2.5 million revenue encompass firms with 15-20 employees, roughly 30% subcontracted work, and proven track records with comprehensive safety protocols and project management systems.
The data reveals significant variations in insurance costs not only between states but also between carriers within the same state. General contractors who actively compare quotes and negotiate with multiple carriers consistently achieve premiums 30-40% below market averages. This difference can translate to tens of thousands of dollars in annual savings for established firms, directly impacting your bottom line and competitive positioning in the marketplace.
The data below reveals dramatic cost differences between states and carriers, but knowing your coverage needs is equally critical. Learn about which contractors insurance policies actually matter for your business before comparing prices.
Jump to State
Alabama
Alabama contractors face general liability premiums ranging from 0.94% to 4.04% of revenue, with standard $1M/$2M coverage limits showing notable carrier variations.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $8,400 | $5,700 | $15,200 | 32% |
| $1,000,000 | $13,900 | $8,200 | $20,600 | 41% |
| $2,500,000 | $29,500 | $23,600 | $35,000 | 20% |
Workers’ comp in Alabama runs $14.07 per $100 of payroll.
Alaska
With its unique market conditions, Alaska’s GL rates vary from 0.81% to 1.72% of annual revenue for standard coverage.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $6,300 | $4,100 | $8,600 | 35% |
| $1,000,000 | $9,900 | $8,100 | $11,600 | 18% |
| $2,500,000 | $22,700 | $20,300 | $25,000 | 11% |
Alaska’s WC rate sits at $9.78 per $100 payroll.
Arizona
Desert state contractors see liability insurance costs between 0.84% and 2.58% of revenue, reflecting the competitive Phoenix market.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $7,000 | $4,200 | $12,900 | 40% |
| $1,000,000 | $11,600 | $8,400 | $18,500 | 28% |
| $2,500,000 | $27,300 | $21,000 | $43,500 | 23% |
Workers’ compensation: $10.17 per $100 of wages.
Arkansas
The Natural State offers general liability rates from 0.62% to 2.58% of contractor revenue, with significant savings potential.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $6,000 | $3,100 | $12,900 | 48% |
| $1,000,000 | $10,100 | $6,200 | $17,900 | 39% |
| $2,500,000 | $23,600 | $15,400 | $42,100 | 35% |
Arkansas WC: $6.33 per $100 payroll—among the nation’s lowest.
California
California’s massive construction market shows GL premiums from 0.86% to 1.46% of revenue, with surprisingly competitive rates.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $5,900 | $4,300 | $7,300 | 27% |
| $1,000,000 | $14,200 | $12,200 | $17,500 | 14% |
| $2,500,000 | $30,100 | $29,800 | $30,400 | 1% |
Workers’ comp costs $8.46 per $100 in the Golden State.
Colorado
Mountain contractors experience liability rates between 0.82% and 3.18% of revenue, with Denver’s competitive market offering opportunities.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $7,800 | $5,000 | $15,900 | 36% |
| $1,000,000 | $12,800 | $9,400 | $22,100 | 27% |
| $2,500,000 | $28,800 | $20,500 | $47,100 | 29% |
Colorado WC rate: $7.40 per $100 payroll.
Connecticut
Connecticut’s insurance market prices GL coverage from 0.87% to 3.74% of revenue, reflecting northeast regional trends.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $10,400 | $7,400 | $18,700 | 29% |
| $1,000,000 | $15,700 | $8,700 | $24,800 | 45% |
| $2,500,000 | $52,300 | $35,300 | $83,600 | 33% |
Workers’ compensation runs high at $17.17 per $100.
Delaware
First State contractors find liability insurance ranging from 1.12% to 2.91% of revenue, with mid-Atlantic competitive dynamics.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $8,100 | $5,600 | $13,400 | 31% |
| $1,000,000 | $16,200 | $11,900 | $23,200 | 27% |
| $2,500,000 | $48,700 | $29,700 | $72,800 | 39% |
Delaware’s WC: $9.06 per $100 of payroll.
Florida
The Sunshine State’s booming construction market sees GL rates from 1.00% to 3.80% of revenue across carriers.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $10,100 | $5,000 | $19,000 | 50% |
| $1,000,000 | $16,600 | $10,000 | $27,200 | 40% |
| $2,500,000 | $42,400 | $28,800 | $64,700 | 32% |
Florida workers’ comp: $12.61 per $100 wages.
Georgia
Georgia contractors navigate liability premiums between 0.66% and 2.64% of revenue in this southeastern hub.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $6,000 | $3,300 | $13,200 | 45% |
| $1,000,000 | $10,200 | $6,600 | $18,300 | 35% |
| $2,500,000 | $26,600 | $17,400 | $43,100 | 35% |
Georgia posts the highest WC rate: $43.42 per $100 payroll.
Hawaii
Island contractors see general liability costs from 0.58% to 1.35% of revenue, with unique Pacific market conditions.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $4,600 | $4,500 | $6,750 | 2% |
| $1,000,000 | $8,400 | $6,600 | $9,400 | 21% |
| $2,500,000 | $18,900 | $14,400 | $23,400 | 24% |
Hawaii WC costs $10.60 per $100 in wages.
Idaho
Gem State general contractors find liability rates ranging from 0.71% to 2.52% of revenue, with regional carrier competition.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $5,800 | $3,900 | $12,600 | 33% |
| $1,000,000 | $8,900 | $6,000 | $14,400 | 33% |
| $2,500,000 | $23,900 | $17,700 | $40,000 | 26% |
Idaho workers’ comp: $12.93 per $100 payroll.
Illinois
Chicago-area contractors face GL premiums from 0.96% to 4.16% of revenue, among the widest ranges nationally.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $11,400 | $5,800 | $20,800 | 49% |
| $1,000,000 | $18,100 | $10,400 | $28,400 | 43% |
| $2,500,000 | $55,200 | $24,100 | $88,600 | 56% |
Illinois WC ranks high at $19.23 per $100.
Indiana
Hoosier contractors benefit from competitive rates between 0.82% and 2.92% of revenue for standard coverage.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $7,200 | $4,700 | $14,600 | 35% |
| $1,000,000 | $12,300 | $8,700 | $20,600 | 29% |
| $2,500,000 | $28,500 | $20,600 | $48,000 | 28% |
Indiana offers low WC at $5.56 per $100 payroll.
Iowa
Midwest contractors in Iowa see liability insurance from 0.62% to 2.62% of revenue, with strong savings potential.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $6,300 | $3,600 | $13,100 | 43% |
| $1,000,000 | $10,400 | $6,600 | $17,600 | 37% |
| $2,500,000 | $26,100 | $15,600 | $41,300 | 40% |
Workers’ comp: $9.65 per $100 of wages in Iowa.
Kansas
Sunflower State contractors find GL rates between 0.70% and 2.44% of revenue across the carrier market.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $5,700 | $3,600 | $12,200 | 37% |
| $1,000,000 | $9,600 | $7,100 | $16,600 | 26% |
| $2,500,000 | $22,400 | $17,600 | $38,800 | 21% |
Kansas WC rate: $10.53 per $100 payroll.
Kentucky
Bluegrass contractors navigate liability costs from 0.66% to 3.02% of revenue, with notable savings opportunities.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $7,600 | $3,800 | $14,900 | 50% |
| $1,000,000 | $12,100 | $7,200 | $19,600 | 40% |
| $2,500,000 | $36,500 | $16,600 | $75,600 | 55% |
Kentucky’s workers’ comp: $9.81 per $100.
Louisiana
Bayou State contractors face the highest GL rates, ranging from 2.09% to 4.28% of revenue for standard limits.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $16,000 | $13,000 | $19,500 | 19% |
| $1,000,000 | $30,300 | $20,900 | $36,300 | 31% |
| $2,500,000 | $89,700 | $68,400 | $107,000 | 24% |
Louisiana WC also runs high: $17.76 per $100.
Maine
Pine Tree State contractors see liability premiums from 0.78% to 2.46% of revenue in this New England market.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $6,600 | $4,600 | $12,300 | 30% |
| $1,000,000 | $11,200 | $8,500 | $17,000 | 24% |
| $2,500,000 | $25,900 | $19,400 | $39,900 | 25% |
Maine workers’ compensation: $10.58 per $100.
Maryland
Old Line State contractors find GL coverage priced between 0.62% and 2.30% of revenue, with Baltimore driving competition.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $5,400 | $3,100 | $11,500 | 43% |
| $1,000,000 | $9,100 | $6,300 | $16,500 | 31% |
| $2,500,000 | $23,200 | $15,600 | $38,600 | 33% |
Maryland offers moderate WC at $7.23 per $100.
Massachusetts
Bay State contractors experience liability rates from 0.96% to 2.85% of revenue, reflecting Boston’s construction boom.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $7,600 | $4,800 | $13,500 | 37% |
| $1,000,000 | $12,300 | $9,700 | $19,000 | 21% |
| $2,500,000 | $41,700 | $24,500 | $71,200 | 41% |
Massachusetts WC: competitive at $6.93 per $100.
Michigan
Great Lakes contractors see GL premiums between 0.64% and 3.08% of revenue, with Detroit market dynamics.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $6,000 | $3,200 | $12,000 | 47% |
| $1,000,000 | $9,700 | $6,400 | $16,400 | 34% |
| $2,500,000 | $34,900 | $17,100 | $77,100 | 51% |
Michigan’s workers’ comp costs $10.27 per $100.
Minnesota
Twin Cities contractors find liability insurance ranging from 0.62% to 1.81% of revenue, among the narrower spreads.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $5,200 | $3,100 | $7,900 | 40% |
| $1,000,000 | $10,500 | $6,300 | $18,100 | 40% |
| $2,500,000 | $27,200 | $15,600 | $42,600 | 43% |
Minnesota WC: $11.44 per $100 of payroll.
Mississippi
Magnolia State contractors navigate GL costs from 0.58% to 3.18% of revenue, with exceptional savings potential.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $8,300 | $4,000 | $15,900 | 52% |
| $1,000,000 | $14,100 | $5,800 | $22,700 | 59% |
| $2,500,000 | $47,500 | $31,400 | $70,300 | 34% |
Mississippi’s WC rate: $9.19 per $100 wages.
Missouri
Show-Me State contractors enjoy relatively tight GL ranges from 0.68% to 1.17% of revenue across carriers.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $4,900 | $3,900 | $5,850 | 20% |
| $1,000,000 | $9,400 | $7,100 | $10,600 | 24% |
| $2,500,000 | $21,700 | $17,000 | $25,700 | 22% |
Workers’ compensation: $12.48 per $100 in Missouri.
Montana
Big Sky contractors see liability premiums between 1.00% and 3.04% of revenue in this expansive market.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $6,700 | $5,200 | $9,500 | 22% |
| $1,000,000 | $11,400 | $10,400 | $13,700 | 9% |
| $2,500,000 | $36,400 | $25,100 | $76,100 | 31% |
Montana WC costs $9.85 per $100 payroll.
Nebraska
Cornhusker contractors benefit from low GL rates ranging from 0.38% to 1.08% of revenue—among the nation’s best.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $3,900 | $3,300 | $5,400 | 15% |
| $1,000,000 | $6,800 | $4,600 | $9,600 | 32% |
| $2,500,000 | $15,800 | $9,600 | $21,100 | 39% |
Nebraska’s workers’ comp: $9.15 per $100.
Nevada
Silver State contractors face GL premiums from 1.10% to 3.32% of revenue, reflecting Las Vegas construction activity.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $10,900 | $6,300 | $16,600 | 42% |
| $1,000,000 | $18,300 | $11,600 | $24,500 | 37% |
| $2,500,000 | $47,100 | $27,600 | $73,900 | 41% |
Nevada WC rate: $7.89 per $100 wages.
New Hampshire
Granite State contractors find liability costs between 1.08% and 2.92% of revenue in this New England market.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $8,600 | $5,800 | $14,600 | 33% |
| $1,000,000 | $14,500 | $11,300 | $20,200 | 22% |
| $2,500,000 | $33,500 | $27,000 | $47,500 | 19% |
New Hampshire’s WC: $9.54 per $100 payroll.
New Jersey
Garden State contractors navigate high GL rates from 1.46% to 3.78% of revenue, typical of the tri-state area.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $12,900 | $10,200 | $16,100 | 21% |
| $1,000,000 | $22,700 | $14,600 | $32,300 | 36% |
| $2,500,000 | $67,000 | $44,900 | $94,600 | 33% |
New Jersey WC runs high: $17.09 per $100.
New Mexico
Land of Enchantment contractors see liability insurance from 0.87% to 3.26% of revenue across the carrier market.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $8,100 | $5,800 | $16,300 | 28% |
| $1,000,000 | $13,700 | $8,700 | $22,600 | 36% |
| $2,500,000 | $42,400 | $25,400 | $68,100 | 40% |
New Mexico workers’ comp: $12.78 per $100.
New York
Empire State contractors face premium GL rates from 1.65% to 4.27% of revenue, reflecting NYC’s high costs.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $14,500 | $11,600 | $18,200 | 20% |
| $1,000,000 | $25,600 | $16,500 | $36,400 | 36% |
| $2,500,000 | $75,600 | $50,700 | $106,700 | 33% |
New York’s WC: $11.47 per $100 of wages.
North Carolina
Tar Heel contractors find exceptional GL rate ranges from 0.42% to 2.58% of revenue, with strong competition.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $5,200 | $2,100 | $12,900 | 60% |
| $1,000,000 | $8,400 | $4,300 | $18,200 | 49% |
| $2,500,000 | $23,500 | $12,500 | $42,800 | 47% |
North Carolina WC costs $16.73 per $100 payroll.
North Dakota
Peace Garden State offers moderate GL rates from 0.74% to 1.82% of revenue in this oil boom market.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $4,800 | $3,700 | $6,700 | 23% |
| $1,000,000 | $10,800 | $7,400 | $18,200 | 31% |
| $2,500,000 | $26,800 | $18,600 | $42,700 | 31% |
North Dakota boasts the lowest WC: $3.51 per $100.
Ohio
Buckeye contractors enjoy competitive liability rates from 0.46% to 2.36% of revenue, with Cleveland-Columbus dynamics.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $4,900 | $2,300 | $11,800 | 53% |
| $1,000,000 | $7,800 | $4,600 | $16,100 | 41% |
| $2,500,000 | $21,800 | $13,300 | $37,600 | 39% |
Ohio offers low workers’ comp at $4.59 per $100.
Oklahoma
Sooner State contractors see GL premiums between 0.83% and 2.34% of revenue in this energy-driven market.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $7,500 | $4,900 | $11,700 | 35% |
| $1,000,000 | $12,600 | $9,300 | $16,000 | 26% |
| $2,500,000 | $27,800 | $20,700 | $37,400 | 26% |
Oklahoma’s WC rate: $13.80 per $100 wages.
Oregon
Pacific Northwest contractors find liability costs from 0.61% to 2.23% of revenue, with Portland market influence.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $4,700 | $3,100 | $8,700 | 34% |
| $1,000,000 | $10,700 | $6,200 | $22,300 | 42% |
| $2,500,000 | $25,000 | $15,300 | $52,700 | 39% |
Oregon workers’ comp: competitive at $6.70 per $100.
Pennsylvania
Keystone State contractors navigate GL rates from 0.91% to 3.46% of revenue across Philadelphia and Pittsburgh markets.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $8,600 | $4,600 | $17,300 | 47% |
| $1,000,000 | $14,500 | $9,100 | $24,000 | 37% |
| $2,500,000 | $38,100 | $27,400 | $57,000 | 28% |
Pennsylvania’s WC costs $9.50 per $100 payroll.
Rhode Island
Ocean State contractors face liability premiums from 1.32% to 3.48% of revenue in this compact market.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $10,300 | $7,700 | $17,400 | 25% |
| $1,000,000 | $16,800 | $14,000 | $23,600 | 17% |
| $2,500,000 | $48,700 | $33,000 | $67,000 | 32% |
Rhode Island WC: $9.03 per $100 of wages.
South Carolina
Palmetto State shows the widest GL range nationally—from 1.14% to 5.94% of revenue—creating massive savings opportunities.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $14,300 | $5,700 | $29,700 | 60% |
| $1,000,000 | $23,100 | $11,400 | $40,300 | 51% |
| $2,500,000 | $76,600 | $28,500 | $116,600 | 63% |
South Carolina’s WC ranks high: $21.48 per $100.
South Dakota
Mount Rushmore State contractors see liability costs from 0.88% to 3.28% of revenue in this regional market.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $8,100 | $5,100 | $16,400 | 37% |
| $1,000,000 | $13,700 | $8,800 | $24,200 | 36% |
| $2,500,000 | $45,400 | $25,500 | $76,900 | 44% |
South Dakota workers’ comp: $10.29 per $100.
Tennessee
Volunteer State contractors find GL premiums ranging from 0.60% to 3.14% of revenue, with Nashville growth impact.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $6,500 | $3,200 | $15,700 | 51% |
| $1,000,000 | $10,700 | $6,100 | $21,200 | 43% |
| $2,500,000 | $28,600 | $15,000 | $50,000 | 48% |
Tennessee’s WC rate: $12.84 per $100 wages.
Texas
Lone Star contractors navigate broad GL ranges from 0.80% to 3.34% of revenue across this massive market.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $9,700 | $4,000 | $16,700 | 59% |
| $1,000,000 | $15,600 | $8,000 | $24,200 | 49% |
| $2,500,000 | $47,300 | $26,500 | $79,300 | 44% |
Texas offers exceptional WC rates: $4.39 per $100.
Utah
Beehive State contractors enjoy moderate liability rates from 0.64% to 1.83% of revenue in this growing market.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $4,400 | $3,600 | $5,400 | 18% |
| $1,000,000 | $10,000 | $6,700 | $18,300 | 33% |
| $2,500,000 | $26,700 | $15,900 | $42,900 | 40% |
Utah’s workers’ comp costs $9.90 per $100.
Vermont
Green Mountain contractors see GL premiums between 0.57% and 2.28% of revenue, with rural market characteristics.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $6,200 | $3,000 | $11,400 | 52% |
| $1,000,000 | $10,200 | $5,800 | $16,100 | 43% |
| $2,500,000 | $23,400 | $14,300 | $37,700 | 39% |
Vermont WC: $11.50 per $100 of payroll.
Virginia
Old Dominion contractors benefit from tight GL ranges—0.40% to 0.92% of revenue—among the nation’s most competitive.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $3,300 | $2,400 | $4,600 | 27% |
| $1,000,000 | $5,900 | $5,300 | $6,890 | 10% |
| $2,500,000 | $13,500 | $10,000 | $16,200 | 26% |
Virginia’s workers’ comp: $9.73 per $100 wages.
Washington
Evergreen State contractors find narrow liability spreads from 1.16% to 1.94% of revenue, reflecting stable pricing.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $7,600 | $6,000 | $9,700 | 21% |
| $1,000,000 | $12,300 | $12,000 | $15,600 | 2% |
| $2,500,000 | $29,400 | $28,900 | $34,680 | 2% |
Washington State WC: $8.20 per $100 payroll.
West Virginia
Mountain State contractors see GL costs ranging from 1.08% to 3.47% of revenue in this coal country market.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $9,500 | $5,400 | $16,800 | 43% |
| $1,000,000 | $15,100 | $10,900 | $22,700 | 28% |
| $2,500,000 | $51,000 | $27,200 | $86,700 | 47% |
West Virginia boasts low WC: $5.72 per $100.
Wisconsin
Badger State contractors navigate liability premiums from 0.62% to 2.70% of revenue, with Milwaukee market influence.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $6,800 | $3,600 | $13,500 | 47% |
| $1,000,000 | $11,100 | $6,600 | $18,100 | 41% |
| $2,500,000 | $26,600 | $15,500 | $42,600 | 42% |
Wisconsin’s WC rate: $13.07 per $100 wages.
Wyoming
Cowboy State contractors enjoy GL rates between 0.60% and 2.24% of revenue in this energy-focused market.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $500,000 | $4,700 | $3,300 | $5,600 | 30% |
| $1,000,000 | $10,000 | $6,200 | $16,000 | 38% |
| $2,500,000 | $25,500 | $15,100 | $37,400 | 41% |
Wyoming offers low workers’ comp: $4.31 per $100.
Stop Overpaying for Contractor Insurance—Your Competition Isn’t
This data tells a compelling story: contractors using the same insurers, in the same states, with similar operations are paying dramatically different rates. The difference between favorable and higher-end premiums isn’t about luck—it’s about strategy, negotiation, and having the right tools to compare your options.
Consider what these savings mean for your business. A mid-sized contractor in Texas paying average rates could save $7,600 annually by securing favorable pricing. In South Carolina, that same contractor could pocket over $11,000 in savings. These aren’t theoretical numbers—they represent real contractors who took action to optimize their insurance costs.
But here’s what most contractors don’t realize: securing these favorable rates isn’t about calling dozens of agents or filling out endless applications. The contractors achieving 30-60% savings are using technology to their advantage, comparing multiple quotes instantly and negotiating from a position of knowledge.
ContractorNerd changes the game entirely. Our platform connects you directly with insurers who specialize in contractor risks and actually want your business. No more being treated like a number by carriers who don’t understand construction. No more wondering if you’re getting competitive rates. No more losing bids because your overhead is inflated by overpriced insurance.
Here’s your competitive advantage: While your competitors waste days chasing quotes and settling for whatever their current agent offers, you can:
- Get instant quotes from multiple contractor-specialist insurers
- See exactly how your rates compare to the market
- Download and send certificates quickly to win more bids
The data is clear. The savings are real. The only question is whether you’ll take action or continue overpaying while your competition gets leaner and wins more work.
Get your customized quotes now at ContractorNerd.com—because every day you wait is money left on the table.