General Contractor Insurance in Michigan

As a general contractor in Michigan, you face a wide range of risks that can negatively impact the success and safety of your business. Whether it's property damage, employee or third-party injuries, or even contractual disputes, having the right insurance policy in place is essential to protecting yourself from financial losses. 

A basic Michigan general contractor insurance policy will provide coverage for property damage and liability associated with any harm caused by your activities. Additionally, additional coverage options may be available such as inland marine insurance and errors & omissions insurance. 

With so many different types of general contractor insurance policies available in Michigan, it is important to make sure you are properly protected against any potential risks.

Oakland Insurance is the go-to provider for general contractors in Michigan. We understand the unique needs of contractors and ensure that our policies meet all state and federal requirements. Our policies are designed to provide comprehensive coverage for property damage, liability, and other risks associated with general contracting.

We also offer flexible payment plans so that you can find a policy that fits within your budget. With decades of experience providing insurance solutions for contractors in Michigan, Oakland Insurance offers superior customer service and support throughout the entire process. 

Whether you need to update an existing policy or purchase a new one, we ensure you get the best coverage at a competitive price.



At Oakland Insurance, we strive to be the premier choice for Michigan’s general contractors when it comes to insurance needs. Contact us today to learn more about our insurance solutions and how we can help protect you and your business.

General liability insurance for general contractors in Michigan is an important part of any contractor’s insurance policy. This type of coverage helps protect your business from financial losses related to damages and injuries caused by you or your employees while on the job site. 

A comprehensive general liability policy can include the following:

• Property Damage Coverage - Protects against damage done to property owned by a third party, such as customers’ buildings or homes.
• Liability Coverage - Covers legal costs associated with injury to a third party that may have been due to negligent actions taken by you or your employees.
• Advertising Injury Coverage - Helps cover claims made against any advertising materials used by your business, such as inaccurate descriptions of products or services.
• Medical Payments Coverage - Provides coverage for medical bills arising from an injury on the job site.

General liability insurance provides valuable protection for Michigan contractors and helps to ensure their financial security in the event of an unforeseen incident. By having adequate coverage, you can rest assured that your business is prepared for any potential risks that could arise while performing work for customers. General liability insurance should be essential to every contractor’s policy to stay safe and remain financially secure in this ever-changing industry.

A business owner's policy (BOP) is an essential form of insurance for general contractors in Michigan. This type of policy combines property, liability, and other coverages into one convenient package. By combining multiple policies into a single BOP, general contractors can save money on insurance costs while still receiving comprehensive coverage.

The property coverage portion of a BOP will provide protection from losses caused by physical damage to your buildings and any business equipment you may own. The liability coverage helps to protect you if there are third-party injuries or damage due to your work, and additional options, such as product liability coverage, may be available depending on the insurer.

Workers’ compensation insurance is a must-have for all general contractors in Michigan. This type of policy provides financial protection for injured or ill employees while performing their job duties. It also protects employers from legal action that may arise due to employee injuries and provides them with peace of mind knowing they are providing the necessary coverage for their workers.

Without workers’ compensation coverage, general contractors can be held liable for any medical bills or lost wages resulting from an injury on the job site. 



With this form of insurance, you can ensure that your employees are taken care of should something happen while they are working under your employ. You will also be protecting yourself financially by having this essential coverage in place.

General contractors in Michigan should also consider getting contractors’ tools and equipment insurance. This policy provides coverage for the tools, machinery, and other equipment needed to complete a job. Whether lost, stolen, or damaged due to an accident or natural disaster, this type of insurance can provide peace of mind knowing you are covered for those unexpected occurrences.

Having this coverage will help protect your investments while ensuring that jobs can still be completed even if something goes wrong. You may also have the option to choose additional coverages such as replacement cost coverage which can reimburse you at today’s prices instead of the amount originally paid for the items. 



With contractor’s tools and equipment insurance, you can be sure that your business is equipped to handle whatever comes its way.

Commercial auto insurance is a must-have for any Michigan general contractor who owns and operates vehicles as part of their business operations. This type of coverage provides protection from financial losses that result from an accident, theft, vandalism, or other types of damage caused to the vehicle. Coverage can include:

• Liability coverage for third-party injuries or property damage.
• Medical payments coverage.
• Uninsured/underinsured motorist coverage.
• Comprehensive physical damage coverage.

Additionally, many commercial auto insurance policies offer additional coverages such as rental reimbursement, roadside assistance, towing, and labor costs.

Builder’s risk insurance is also important for general contractors in Michigan. This type of policy covers buildings and other structures during construction, protecting them from damage or destruction due to fires, weather events, or other fortuitous occurrences. It can also provide coverage for materials that are stored onsite and any equipment used in the construction process.



Builder’s risk insurance is a must-have for general contractors as it can help mitigate potential losses due to unforeseen circumstances. Without this form of coverage, you could be left with costly repairs or rebuilding the structure from scratch, which can be a financial burden on your business.

As a general contractor in Michigan, you are responsible for the work of your business and any damage or harm that may occur as a result of it. 



Professional liability insurance provides protection against potential lawsuits arising from errors & omissions, negligence, or contractual disputes. This type of coverage can help cover legal fees and settlements associated with these types of claims against your business.

Inland marine insurance for general contractors in Michigan is also important. This type of policy covers the movement of goods, materials, and equipment between multiple locations. 

If a load is destroyed, misplaced, or stolen during transit, this coverage can protect against any losses. Inland marine insurance can also provide coverage for any electronic data processing equipment that is used in the course of business.

This form of coverage can help protect your business from potential losses due to theft or damage during transit, which can significantly impact your bottom line.

Surety bonds are a type of financial guarantee that protect consumers against negligence or failure to perform by general contractors in Michigan. 

These types of bonds ensure that consumers receive their project as promised and also provide protection in the event that a contractor cannot pay for mistakes or damages caused by them. 



For public works projects, Michigan requires contractors to obtain a surety bond in order to qualify for contracts.

The cost of your general contractors' insurance in Michigan will depend on a variety of factors, including the type and amount of coverage you need. Some common considerations when determining the cost include your business size, number of employees, risk associated with your work, and types of services you provide.



Generally, the average cost of a business owner's insurance for general contractors in Michigan is $1,900 per year. On the other hand, the average cost of workers’ compensation is $1,974 per year. It is also important to note that premiums can vary depending on the carrier you work with.

Oakland Insurance is your trusted source for comparing Michigan general contractors’ insurance quotes. We will help you determine the right coverage for your business, so you can rest assured that you are protected in the event of a claim or disaster. 

Whether you need basic liability or more comprehensive coverage, our experienced agents will find a policy tailored to meet your needs and budget. 



With Oakland Insurance, you can trust that you're getting the most competitive rates and coverage for your business. Get your free quote today!