Source: Progressive Commercial — Contractors Insurance
Progressive Commercial: General Contractors Insurance Appetite
Progressive shines for small GCs who need commercial auto bundled with GL and inland marine. Their appetite is strongest for residential remodeling, handyman services, and light commercial build-out. Larger GCs with heavy equipment should be placed with Travelers or a specialty construction market.
Available Lines
| Line of Business |
|---|
| General Liability |
| Business Owners Policy (BOP) |
| Workers' Compensation |
| Commercial Auto |
| Inland Marine |
| Umbrella/Excess |
Premium Range
$3,000-$18,000
Typical annual premium
Target States
49 states (not available in Hawaii)
Key Features
- Commercial auto program built for contractor fleets of 1-15 vehicles
- Inland marine coverage for tools and equipment on job sites
- Quick-issue GL certificates for subcontractor compliance
- Competitive pricing for residential remodeling and light commercial GCs
- Blanket additional insured endorsements available
Limitations
- Heavy civil and infrastructure contractors are referred to specialty markets
- Projects over $5M total contract value require individual risk review
- No coverage for demolition-only contractors
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