Commercial contractors
Commercial work is priced on payroll, revenue and classifications like any other, with the contract adding limits and endorsements that carry their own cost.
Roofing, excavation and anything at height price far higher than interior finish work. The single largest factor.
Workers compensation is priced per hundred dollars of payroll, so it scales directly with headcount and wages.
General liability is priced on revenue, so two contractors with the same headcount can pay very different amounts.
Every state has its own rates and rules. Working across a state line means reporting payroll there.
Claims and injuries follow you for years through your experience modification rate.
How much you sub out, and whether those subcontractors genuinely carry their own coverage, changes your exposure materially.
A commercial contract that requires two million in limits, an umbrella, additional insured status for two parties and a waiver of subrogation is a different cost base from the same work without those requirements. Contractors who bid the work and then discover the insurance requirements regularly find that a contract they were pleased to win is worth less than the smaller jobs they were doing before. The cost of the requirements belongs in the bid, not in the post mortem.
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Tell us your trade, payroll and the states you work in. A licensed specialist will come back with real numbers.
