On site coverage questions
The on site costs are small and specific: tools coverage, hired equipment, and the certificates themselves, which cost nothing. Here is what drives the larger numbers.
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.
Tools and equipment coverage is inexpensive relative to the value it protects, which is unusual in insurance and worth taking advantage of. The larger costs remain payroll and revenue driven. What is expensive on site is not coverage but the absence of it: a subcontractor injury with no workers compensation behind it, or a utility strike on a job where the excavation classification was never declared. Both are far more costly than the coverage that would have handled them.
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Tell us your trade, payroll and the states you work in. A licensed specialist will come back with real numbers.
