How to Quote a Contractor: GL, WC, Auto, and Inland Marine

Ankur Shrestha14 min read

How to Quote a Contractor: GL, WC, Auto, and Inland Marine

Contractors don't buy one policy — they buy a package. A plumbing contractor with three trucks, a crew of eight, and $200K in tools needs general liability, workers compensation, commercial auto, and inland marine at minimum. Miss one line, and the client either has a coverage gap or another agent fills it and eventually takes the whole account.

This guide covers the full contractor quoting workflow: what to collect, how to quote each line, which carriers write which trades, and the endorsements that general contractors and project owners require. If you've already read our workers comp quoting guide, this builds on that foundation with the additional lines that round out a contractor account.

Contractor accounts require four core lines — GL, workers comp, commercial auto, and inland marine. Quoting them together protects coverage continuity, improves carrier pricing through account rounding, and prevents competitors from picking off individual lines.

The Four Core Lines Every Contractor Needs

Not every contractor needs the same limits or the same coverage structure, but nearly every contractor needs these four lines. The table below shows what each covers, the standard forms involved, and when it applies.

Line of BusinessWhat It CoversKey Form / ApplicationWhen It's Triggered
General Liability (CGL)Third-party bodily injury, property damage, completed operationsACORD 125 + ACORD 126Damage to someone else's property or person during or after work
Workers CompensationEmployee injuries and occupational diseaseACORD 130Any on-the-job employee injury or illness
Commercial AutoLiability and physical damage for business vehiclesACORD 127Accidents involving owned, hired, or non-owned vehicles
Inland MarineTools, equipment, materials in transit or at job sitesCarrier-specific application (no universal ACORD form)Theft, damage, or loss of movable equipment and tools

Some contractors also need builders risk, professional liability, pollution liability, or an umbrella — but these four lines are the baseline.

What You Need From the Client

Contractor submissions require more documentation than most commercial accounts. We've seen agents submit incomplete packages and wait weeks for quotes that never come. Collect everything upfront.

Documents and data for a complete contractor submission:

ItemApplies ToNotes
ACORD 125 (General Section)All linesClient name, entity, locations, years in business, revenue
ACORD 126 (GL Section)GLClassification, operations description, subcontractor usage, additional insured needs
ACORD 130 (WC Application)Workers compPayroll by class code, officer inclusion/exclusion elections
ACORD 127 (Auto Section)Commercial autoVehicle schedule, driver list, radius of operation
Equipment scheduleInland marineMake, model, year, serial number, and replacement cost for every item over $5,000
Three years of loss runsAll linesFrom every carrier for every line — not just GL, not just WC
Subcontractor listGL and WCNames, trade, annual cost, and whether each sub carries their own GL and WC
Current experience modification rate (EMR)Workers compPull from NCCI or state bureau using the client's FEIN
Certificates of insurance from subcontractorsGL and WCVerify coverage is active and limits meet contract requirements
Sample contract (if available)All linesShows insurance requirements from GCs or project owners the contractor works for

When we work with agents on contractor accounts, subcontractor documentation is almost always the bottleneck. A GC using 15 subs needs COIs from all 15 — and at least a few will be expired or show insufficient limits.

Step-by-Step: Quoting the GL

Class Code Selection Is the Foundation

GL class codes for contractors are assigned by ISO/Verisk based on the contractor's primary trade. The distinction between an artisan contractor (does the physical work with their own crews) and a general contractor (manages subcontractors, may not self-perform) is critical — the classification codes, rates, and underwriting approach differ substantially.

Common contractor GL classifications:

Standard Limits and Rating Basis

GL standard limits are $1M per occurrence / $2M general aggregate, with $2M products-completed operations, $1M personal-advertising injury, $100K damage to rented premises, and $5K medical expense. Many GC contracts require $2M/$4M or an umbrella to reach $5M total.

Artisan contractors are rated on annual revenue or payroll. General contractors are rated on subcontractor cost — a GC with $5M in revenue but $4M in sub costs is rated on the $4M figure.

Completed Operations

Completed operations coverage responds to claims after the contractor finishes and leaves the job site — a plumber's water heater installation that fails six months later and floods a basement, for example. Standard CGL policies include it, but some carriers impose exclusions or sublimits for certain trades. Verify the coverage is included and not capped.

Per-Project Aggregate Endorsement

Standard CGL policies apply the $2M aggregate across all projects combined. A contractor on five concurrent jobs could exhaust the aggregate on a single large claim. The per-project aggregate endorsement gives each project its own $2M aggregate — most GC contracts require it.

Step-by-Step: Quoting the Workers Comp

We covered the full WC quoting process in our workers comp guide. For contractors specifically, three issues dominate the quoting conversation.

Construction Class Codes Are High-Hazard

NCCI maintains roughly 700 active class codes, and construction codes carry some of the highest rates. Code 5551 (roofing) can exceed $20 per $100 of payroll in high-cost states, while code 5190 (electrical wiring) might run $4-$8 per $100. The difference between correctly classifying a worker as a carpenter (5403 — moderate) versus a roofer (5551 — high) can mean tens of thousands in premium on a single policy.

We've seen agents misclassify drywall installers under general carpentry codes, only to have the carrier reclassify during the premium audit and hit the client with a $15,000 additional premium bill. Ask what each employee physically does every day — not just their job title.

Subcontractor Exposure

In most states, if a subcontractor doesn't carry their own workers comp policy, the GC's carrier charges premium for that sub's payroll at the sub's applicable class code rate. A GC using five uninsured subs can see their WC premium double. Always verify sub COIs before quoting, and build the sub payroll exposure into the application if any subs lack coverage.

Wrap-Up Programs (OCIP/CCIP)

On large projects ($50M+), the project owner or GC may sponsor a wrap-up that provides WC and GL for all contractors on the job. OCIPs are owner-funded; CCIPs are GC-funded. If your client works on wrap-up jobs, exclude that payroll from their individual WC policy.

Rounding the Account: Auto and Inland Marine

Commercial Auto

Most contractors need commercial auto coverage. The basics:

Address the radius of operation (local vs. long-haul), whether vehicles carry hazardous materials, and whether any vehicles exceed 26,001 lbs GVW (triggering DOT/FMCSA requirements and changing carrier appetite).

Inland Marine

Inland marine covers property in transit or movable equipment not covered by standard property policies. For contractors, this means:

When we help agents quote inland marine for contractors, the most common gap is outdated equipment schedules. A contractor who bought a $45,000 mini excavator two years ago may not have added it. Require an updated list at every renewal.

Carrier Selection for Contractors

Not every carrier writes every trade, and carrier appetite for contractors varies widely by class code, state, and account size. Here's an honest assessment of how the market segments.

Carrier appetite by contractor type:

Contractor TypeStandard Market AvailabilityNotes
ElectriciansBroad — most standard carriers write this classLow-to-moderate hazard; residential and commercial both widely available
PlumbersBroadSimilar to electricians; some carriers restrict if the contractor does fire suppression work
HVACBroadRefrigerant handling may require pollution questionnaire
PaintersModerateLead paint exposure restricts options for contractors working on pre-1978 buildings
General Contractors (residential)Moderate to BroadDepends on volume of self-performed work vs. subbed-out work
General Contractors (commercial)ModerateHigher limits needed; carriers want detailed sub lists and contract review
RoofersLimitedHigh-hazard class; many standard carriers exclude entirely. Specialty markets (Builders Mutual, Employers, GUARD) are the primary options
DemolitionVery LimitedRequires specialty markets; pollution exposure often present
Excavation / EarthworkLimited to ModerateUnderground utility exposure restricts standard market options

An honest limitation: Certain high-hazard trades — roofing, demolition, asbestos abatement, structural steel erection — have genuinely limited carrier options. For these classes, expect to work with specialty construction markets and set client expectations that premiums will be significantly higher. Submitting a roofer to a carrier that doesn't write roofing wastes two weeks.

Schedule credits and debits typically range from -25% to +25% of manual premium based on underwriter judgment. For contractors with clean loss history and strong safety programs, pushing for maximum credit is where you create the most value. Two carriers using the same base rates can produce a 30-40% premium difference on schedule credit alone.

Endorsements and Exclusions to Watch

Contractor GL and WC policies need specific endorsements to satisfy contract requirements. Missing these endorsements after binding means issuing mid-term endorsements, which slows down certificate issuance and frustrates everyone.

Additional Insured

Nearly every GC contract requires the subcontractor to add the GC as an additional insured on their GL policy. The standard endorsements are CG 20 10 (ongoing operations), CG 20 37 (completed operations), and CG 20 33 (automatic status when required by written contract). Request the broadest form the carrier offers — some carriers use proprietary endorsements that are narrower than the ISO standard. Review the actual language, not just the endorsement number.

Waiver of Subrogation

GC contracts typically require the sub to waive their insurer's subrogation rights against the GC on both GL and WC policies. Blanket waivers — which apply to all parties when required by written contract — are more efficient than scheduling individual waivers. Most carriers charge 1-5% of policy premium for this endorsement.

Primary and Non-Contributory

This endorsement makes the sub's GL policy respond first and without seeking contribution from the GC's own GL policy. If the carrier won't add it, the sub can't satisfy most GC contract requirements.

Exclusions to Flag

Watch for exclusions that carriers add to contractor GL policies: residential work exclusions (some commercial carriers exclude residential entirely), EIFS exclusions (common for exterior work contractors), subsidence exclusions (affecting excavation and foundation contractors), and mold exclusions (increasingly common and problematic for plumbers and HVAC contractors).

Common Pitfalls When Quoting Contractors

Not verifying sub COIs. Uninsured subs create premium exposure on both GL and WC. A GC who says "all my subs have insurance" may be wrong. Verify every COI, confirm policies are active, and check that limits meet GC contract requirements.

Wrong class code on GL. A framing contractor classified under a general carpentry code faces reclassification at audit — and a claim during misclassified operations may trigger a coverage dispute.

Missing additional insured endorsements at binding. Request all required additional insured endorsements before binding, not after. Post-bind endorsement requests delay certificate issuance, and the contractor can't start work without proper certificates.

Quoting lines separately instead of as a package. Carriers apply better schedule credits when they write multiple lines on the same account. Always present the full GL, WC, auto, and inland marine package to each carrier.

Ignoring the contract review. GC contracts specify minimum limits, required endorsements, and additional insured requirements. Quote without reviewing the contract, and you may bind a policy that doesn't meet requirements — meaning the contractor can't start the job.

Frequently Asked Questions

What limits do contractors typically need for general liability?

Standard GL limits are $1M per occurrence / $2M general aggregate. However, many GC contracts and project specifications require $2M/$4M or higher. Contractors who bid on commercial or government projects often need a $5M umbrella on top of the underlying GL to meet contract thresholds. Start with the contract requirements, then match the limits.

How is a general contractor rated differently than an artisan contractor?

Artisan contractors (electricians, plumbers, HVAC techs) are rated on revenue or payroll because they self-perform work. General contractors are rated on subcontractor cost — a GC with $3M in revenue but $2.5M in sub costs is rated on the $2.5M figure. This distinction changes the data you need at intake.

Do contractors need inland marine coverage if they already have a commercial property policy?

Yes. Standard commercial property policies cover contents at a fixed location — the contractor's office or warehouse. They typically don't cover equipment at job sites, in transit, or stored at temporary locations. Inland marine fills that gap, covering tools, equipment, and materials wherever they are. A $50,000 laser grading system stolen from a job site isn't covered by commercial property — it's covered by the contractors equipment floater on the inland marine policy.

What's the most common reason contractor GL quotes get declined?

Incomplete submissions and wrong classification are the top two. Beyond those, poor loss history (especially frequency over severity) and high-hazard class codes without safety programs account for most declinations. For roofers and demolition contractors, the limited number of carriers that write those classes means a single declination significantly narrows options.

Can a contractor get all four lines from one carrier?

Sometimes, and it's often preferable. Carriers like Travelers, The Hartford, CNA, and Zurich offer multi-line contractor programs with account-rounding credits. But not every carrier is competitive on every line — a carrier that writes excellent GL for electricians may have uncompetitive WC rates in your state. We've seen agents get the best total cost by splitting lines across two carriers. Compare the monoline total against the package pricing before committing.

Ankur Shrestha

Ankur Shrestha

Founder, QuoteSweep. Researched 2,500+ commercial carriers and found 98% have no API. Built QuoteSweep so independent agents can quote multiple carriers without re-entering data into portal after portal.

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