Question 1

How much does construction insurance cost in Arizona?

Accepted Answer

Arizona construction insurance typically costs $5,000–$15,000/year. Workers' comp rates are moderate. General liability averages $2,000–$5,500/year. Phoenix metro projects cost 10-15% more than rural areas. A mid-size GC in the Phoenix metro might pay $8,000–$13,000/year.

Question 2

What does the Arizona ROC require for contractor insurance?

Accepted Answer

The Arizona Registrar of Contractors requires all licensed contractors to maintain either general liability insurance or a surety bond. Workers' compensation is required for all employers with one or more employees. The ROC can suspend or revoke your license for failure to maintain required coverage.

Arizona Construction Insurance | RISKX