If you are a South Carolina Contractor, here is what you need:
The Risks You Face:
- Property damage:** Accidentally damage a client's home or property
- Bodily injury:** Injuries to workers, subcontractors, or property owners
- Completed operations:** Claims from work done months or years ago
- Tools and equipment theft:** Average loss: $10,000+ per incident
- Subcontractor liability:** You're often liable for their mistakes
- Auto accidents:** Vehicles and equipment on the road daily
- Licensing compliance:** SC requires insurance for contractor licenses
What SC Contractors Have to Carry:
✓ General Liability** — $1M minimum, $2M recommended
✓ Workers Compensation** — Required if you have ANY employees in SC
✓ Commercial Auto** — Covers vehicles and equipment
✓ Inland Marine/Tools & Equipment** — Protects your gear
✓ Umbrella Policy** — Extra liability protection (highly recommended)
✓ Builders Risk** — For new construction projects
✓ Professional Liability** — For design-build contractors
Example Cost Breakdown by Trade: Common Contractor Insurance MISTAKES:
- General Contractors: $6,000-15,000/year ❌ Buying workers comp only and calling it "fully insured"
- Roofing Contractors: $8,000-20,000/year ❌ Not listing subcontractors properly
- Electrical Contractors: $4,000-10,000/year ❌ Inadequate tools and equipment coverage
- HVAC Contractors: $5,000-12,000/year ❌ Wrong vehicle classification (costs you more)
- Plumbing Contractors: $4,000-10,000/year ❌ Missing umbrella policy for large jobs
- Remodeling Contractors: $5,000-12,000/year ❌ Not updating policy as business grows
Workers comp adds $2,000-8,000/year, depending on payroll
"Safe Harbor and Lawson make insuring all things extremely easy. The customer service and attention to detail is amazing. Lawson really makes you feel as if you are his only customer, and takes the time to explain things and answer any questions I may have. I have recommended him to family and friends, and will continue to do so.
Thank you Lawson!!
'
Robert H.
"My experience with Safe Harbor Insurance has been excellent. Lawson is very responsive and always finds the best coverage & rates for my automotive and business insurance needs. I recommend Safe Harbor Insurance to all of my friends and family."
Leah S.
How We Protect Contractors
Here are just some of the ways we can help contractors with their insurance.