Source: Liberty Mutual – Construction Insurance
Liberty Mutual: General Contractors Insurance Appetite
Liberty Mutual is a top-tier construction market and one of the best options for mid-size to large general contractors. Their wrap-up programs, builders risk capacity, and pollution liability set them apart from standard markets. For small residential GCs, Progressive or biBERK may be more cost-effective, but Liberty Mutual is the go-to for complex construction risks.
Available Lines
| Line of Business |
|---|
| General Liability |
| Workers' Compensation |
| Commercial Auto |
| Inland Marine |
| Builders Risk |
| Umbrella/Excess |
| Contractors Pollution Liability |
Premium Range
$4,000-$25,000
Typical annual premium
Target States
All 50 states and DC
Key Features
- One of the largest construction insurers in the US with deep expertise
- Builders risk for projects up to $50M in value
- Wrap-up (OCIP/CCIP) programs for large construction projects
- Contractors pollution liability for environmental remediation contractors
- Dedicated construction underwriting team with industry specialization
Limitations
- Subcontractor default insurance requires minimum project size of $10M
- Demolition-only and asbestos abatement contractors are excluded
- Residential tract builders in coastal areas face restrictive wind/hail terms
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