TradeCoverCalc

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Quote prep

What Information Do Contractors Need for an Insurance Quote?

A practical list of the business details contractors should gather before requesting insurance quotes.

Best use

Use this guide before comparing contractor insurance quotes.

Key points to review

  • Business details
  • Services performed
  • Revenue and payroll
  • Claims history

The cleaner your inputs, the cleaner the comparison

Contractors often get better quote comparisons when each provider receives the same basic business information. Inconsistent inputs make quotes harder to compare.

Information list

Start with core business details before moving into coverage limits.

  • Legal business name
  • Business address
  • Trade and services
  • Annual revenue
  • Payroll
  • Employee count
  • Subcontractor use
  • Vehicles
  • Tools value
  • Prior claims

These ranges are educational estimates only. Licensed insurance providers calculate final premiums based on underwriting, limits, operations, state, payroll, revenue, claims history, and other details.

Prepare your quote checklist

Sources

Related guides

Coverage to include