Construction and Trades Insurance

Construction and Trades Insurance

For more info, contact

Steve Montcalm

Vice President, Partner

Tim Tokrud

Director of Commercial Lines

Peter Rowbotham

Account Executive

When you work in construction and trades, you want to protect yourself, your employees, your equipment and your material. This can mean having any combination of liability, property; building and property onsite and offsite, stock, installation floater, employer’s liability coverage, builder’s risk coverage and wrap-up to provide assurance should anything go awry on or off the job site.

Connect with a broker who understand how to work in steel-toe boots!

What type of businesses should talk to a broker about contractors insurance options? Contractors insurance can protect a wide variety of trades in the construction industry. Roofers, electricians, landscapers, window and door installers, HVAC technicians and painters and many more can benefit from having this kind of coverage in place. From independent general contractors to larger teams, connect with your local broker to find the insurance solutions available to suit your unique needs depending on the size of your team and scope of services provided.

Having dependable contractor insurance is important for skilled trades. Trust in us to get you covered, so you can do what you do best. Build your business.


  • Trades and utilities (ex. plumbers, electricians, carpenters)
  • Mechanical contractors
  • Commercial developers
  • Residential developers
  • HVAC installers and service operations
  • Renovation and general contractors
  • Commercial real estate and property management companies
  • Commercial and residential landscapers
  • Snow removal operations
  • Excavation companies


  • Location of the business
  • Size of the business
  • Past claims record
  • Annual gross revenues of the business
  • Size of project/value of building upon completion
  • Duration of project
  • Types of operations on-site (ie. demolition, tunneling, drilling, snow removal, mining)
  • Type of project (residential, commercial, or industrial)
  • Is it private? Is it for government?
  • Is it near an airport or rural?
  • Does the work on-site include flammables (ie use of explosives for demolition, underpinning buildings)
  • Crime rate in construction project location
  • Is there structural work being done? Raising or moving structures?
  • Experience of the crew/contractors
  • Type/age/value/limit of equipment and tools being insured
  • Security on site (gated site, night security, visibility from main road)


In our Construction Outlook panel we sat down with industry experts and thought leaders in Construction Law, Insurance and fellow experts in the field – in both Commercial and Residential – to discuss key trends and questions for the industry going into the new year.

DATE: October 26, 2021 | TIME: 3:00-4:00 PM (EST)
Darryl Pochailo | Terlin Construction LTD
Derrick Roberts | Aviva Canada
Geoffrey Cullwick | Brazeau Seller Law
Moderated by our President, Matthew Carr, CIP


Why do I need insurance?

We can help you protect your physical assets such as contents, stock, and contractor’s equipment at the workshop, in-transit or on the jobsite.  Coverages can include any property damage you incur while on the job and General Liability in case of negligence.

How much is it going to cost?

Every risk is different and price is based on experience, revenues and type of operation.  We have many insurers that offer excellent packages based on your needs.

How quick can I get a quote?

We have a dedicated business team that will endeavour to get you a quote the same day.

How do I put in a claim?

It’s as simple as calling your broker or our after-hours hotline.

While you build your business, trust us to protect it.

Have questions about Surety?

We understand the impact and importance for timely delivery of surety bonds for your business projects.

Let’s get your project, protected.

Learn More

Get in touch
Get in touch
Get in touch
Complete the form to connect with your local Gifford Carr broker to get a detailed quote. Trust us to ensure you are protected. So you can focus on what matters.

    What type of insurance are you shopping for? Select all that apply.

        Contact our team
        Contact our team
        Contact our team
        Complete the form to connect with your local Gifford Carr broker to get a detailed quote. Trust us to ensure you are protected. So you can focus on what matters.

          Builder's Risk

          Builder's Risk

          Otherwise known as construction insurance in Ontario, provides protection for your project or contracting business.

          Builder’s risk insurance is designed to cover homes that are under construction, renovation, repairs, from direct damage. It is a form of property insurance that covers property owners and builders for projects throughout the project.

          Similar to building and personal property coverage, this protects you against things like weather events that could affect your home, difference of this one being it is specifically for during the construction project.

          Commercial General Liability

          Commercial General Liability

          An essential for all business operations.

          Icon Market
          Icon Market

          Commercial general liability insurance may cover you against claims for injury or property damage to others arising from your contractor or construction activities.

          Learn more about Commercial General Liability.

          Commercial Vehicles

          Commercial Vehicles

          Don’t let transportation incidents don’t slow you down.

          This coverage protects your licensed vehicles – we are talking about everything from your pick up trucks and service vehicles to dump trucks and tractor trailers. When contractors and construction businesses are on the road traveling from the shop to the job site and anywhere in-between, commercial vehicle insurance may cover your vehicles, so incidents don’t slow you down.

          Over 5 vehicles? You may qualify for Fleet Insurance.
          Which may result in a savings for having multiple policies.

          Employee Liability

          Employee Liability

          There is a chance an employee could reject WSIB and hold you as the employer responsible for an injury on a job site.

          Employer liability insurance is coverage that can be added to a Commercial General Liability policy and is designed to protect an employer from those costs of work-related illness, injuries and deaths. Unlike Workers’ Compensation, employer liability is not no-fault, meaning that employer negligence has to be proven for the employer to be liable.

          So having an employer’s liability option available can be worthwhile for these situations.

          Environmental Liability

          Environmental Liability

          Environmental liability insurance is there to provide funds to remediate the site as quickly as possible.

          Working on a job site we need to take precautions to protect the environment should a disaster occur. This coverage is in place for that scenario.

          Installation and Tool Floater

          Installation and Tool Floater

          Whether you are tasked to construct a new building, remodel a kitchen, install a fountain, or landscape a garden, the tools and materials you use are vital.

          Icon Contractor
          Icon Contractor

          Installation floater insurance covers any materials or items that are yet to be installed (e.g. cabinets, countertops, sinks, etc.) in the event that they are lost, damaged, or stolen—regardless if they have made it to the site of the project or if they have been in transit.

          Tool Floater has your tools covered from site to site. There are a couple of ways to set up Construction Tool Floater coverage:
          1. A blanket amount for all the tools you carry with you with a maximum limit per individual tool.
          2. We can insure you based on a scheduled limit per tool where you tell us what each item is worth, and we identify each item to the insurance company.

          It is important to clarify that for insurance policies, “tools” are different from “equipment”. Tools are classified as items that are valued up to $1000 (think hand saw, and cordless drill), while equipment includes items that are valued above that (like your bulldozers, and power generators).

          Surety Bonding

          Surety Bonding

          Your project, protected.

          We understand the impact and importance for timely delivery of bonds for your business projects. Our relationships with our various surety partners and clients creates a trust which streamlines the bonding process. 

          Learn more about Surety Bonds.

          Wrap Up Liability

          Wrap Up Liability

          There are two types of wrap-up insurance, owner-controlled and contractor-controlled.

          Wrap Up Liability protects the team involved in a construction project against third party and general liability exposure associated with their project. From owners, developers, engineers and architects to project managers and contractors – it’s an all-encompassing insurance for larger scale projects.