Contractor Insurance in Ontario

Secure Your Business with Personalized Coverage

An Insurance Plan Built for Your Business

Are you a contractor who’s frustrated or worried about your current insurance provider’s limitations? Do you need specific coverage that they don’t offer? Have you recently acquired an asset that isn’t covered under your existing plan? These uncertainties can leave you feeling vulnerable and stressed, as you work hard to grow and protect your business. The insurance professionals at Jeffery & Spence are here to help!

We are committed to providing personalized insurance solutions that cater to your specific requirements. Our knowledgeable and friendly team will work closely with you to identify your unique needs and craft a tailored policy that fills the gaps left by your current provider. We will take the time to understand your business, ensuring that you can focus on what matters most — growing and nurturing your enterprise. With our team on your side, you can breathe easy knowing that your contractor insurance is comprehensive, flexible, and designed to evolve with your business.

Partners with Over 15 of the Most Reputable Insurance Companies in Canada

Munich RE | Jeffery & Spence
Echelon General Insurance Company | Jeffery & Spence
Gore Mutual | Jeffery & Spence

“So over the moon happy with these guys. I was a first-timer today, extremely nervous about taking another step toward “adulting” by getting my own auto insurance. And when I say nervous, I mean NERVOUS. Dave was MORE than helpful. His personality put me at ease, and the way he explained things made me go from feeling anxious to comfortable. Dave did more than help me get my own insurance. Dave made me feel like it was just a normal conversation between people. Whereas other conversations have gone with other companies, I felt like a stupid kid in their 20s that didn’t know what they were doing. It’s comforting to know that now, in the future, when I need home insurance, etc. I know who to call. Thanks a million, Dave.”

— J. Indoe

“The Jeffery & Spence team is wonderful. They have insured my assets for over 4 years. When I switched over from my old provider they made it easy. They were honest and reliable. I started simply with a call out for car insurance. They were able to take a look at 5+ companies and make sure I had the proper coverage at a great price. (They beat my old provider by $300). Slowly and surely as other asset insurance policies were coming to an end (home, business, additional vehicles) it only made sense to call over and get a quote. Additionally, there is customer service like no other. I call in frequently for updates and questions and whether it’s the front desk or managers I have never felt like I was asking a stupid question. Jeffery & Spence is awesome and you owe it to yourself to just give them a call.”

— C. Pavao

“Jason was great to work with – very prompt, communicative, and helpful. I managed to find the best deal for my auto insurance thanks to his help. I had initially tried calling another broker but they didn’t pick up so I called this company and am glad I did. Highly recommend!”

— E. Nip

Protect Yourself and Your Team Through Every Project

At Jeffery & Spence, our range of insurance providers allow us to offer contractor insurance for a wide range of businesses in Ontario. Whether you are a handyman, a large-scale home builder, or a premiere construction company, our team has the experience and expertise to help.

Our brokers will take the time to meet with you to discuss the various aspects of your contractor business, so we can understand what risks you’re facing and provide you with the right commercial insurance coverage for your specific needs. We’ll work to find you cost-effective insurance plans so you can receive the highest value at the lowest cost.

“Do I Need Contractor Insurance?”

Whether you work in the residential or commercial field, if you are a contractor working in a trade, business specific insurance is important. Contractors Insurance is required for any business performing contract-based work.

Our team offers contractor’s insurance to a wide range of industries and trades. If you work in one of the following professions, you need to have contractors insurance to protect yourself and your team. 

*Note: Please note that we are not able to offer contractor’s insurance for snow removal contractors at this time.*

  • Masons
  • Painters
  • Plumbers
  • Roofers
  • Tilers
  • Window Cleaners
  • Window & Door Installers
  • And more

What Is Covered By Contractor Insurance?

Contractor insurance will protect your business from the risks associated with your specific trade and provide coverage for your business assets. This type of insurance is typically purchased in addition to your standard commercial general liability policy.

As a contractor, a single claim from a client could be enough to put you out of business. In fact, many clients will ask to see that you are properly insured before working with you. It is essential to have proper coverage as a contractor in today’s market.

A number of coverage options for contractor insurance are available, including:

  • Commercial Property
  • Contents
  • Equipment
  • Legal Expenses
  • Theft
  • Tools
  • And more

Protect Yourself From Problems Before They Happen

Some projects don’t always go according to plan and accidents can occur at any time. Insure your business with proper coverage so you’re never caught unprepared.

Problem: Accidental property damage at a client’s worksite.

Solution: Contractors insurance with general liability coverage protects against third-party property damage claims, ensuring that any damages incurred during the course of work are covered financially.

Problem: Damage to a contractor’s tools or equipment.

Solution: Contractors insurance with coverage for tools and equipment ensures that any losses due to theft, vandalism, or damage are compensated, allowing for quick replacement or repair.

Problem: Legal disputes with clients over project delays or unsatisfactory work.

Solution: Professional liability coverage within contractor’s insurance can help cover legal defense costs and potential damages related to claims of negligence, errors, or omissions.

Additional Contractor Insurance Coverage

★★★★★ Dave was very helpful in getting us affordable car+home insurance at a reasonable rate!John-Carlo CaballesJohn-Carlo Caballesjs_loader

Get a customized contractor insurance quote below.

Our Years of Expertise

Since 1927, the team at Jeffery & Spence Insurance Brokers have provided quality insurance services to a variety of businesses in Guelph and across Ontario. Our professional brokers will provide you with expert advice and guidance, and will locate the right business insurance coverage for your business.

Contractors Insurance FAQs

Should I get insurance as an independent contractor?

Yes. It is mandatory for independent contractors in most fields to have insurance. As an independent contractor, you may be held financially responsible for any accidents, property damage, or injuries that occur during your work. Insurance provides essential financial protection, and peace of mind, ensuring that your business can continue to operate in the event of unforeseen circumstances.

What is general liability insurance for independent contractors in Canada?

General liability insurance for independent contractors in Canada is a type of insurance coverage that protects against claims related to third-party property damage, bodily injury, and personal injury. This coverage is essential for independent contractors, as it safeguards their businesses from the financial consequences of legal claims, lawsuits, and potential damages.

What is contractor insurance?

Contractor insurance is a specialized form of business insurance designed to protect contractors, subcontractors, and independent tradespeople from the risks associated with their work. This type of insurance typically includes coverage for general liability, property damage, workers’ compensation, and other exposures that contractors may face during their operations. Contractor insurance is essential for safeguarding a contractor’s business, assets, and reputation.

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