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Contractor & Trades Insurance

As a contractor or tradesperson in Calgary, you have special risks associated with your business that need to be addressed with comprehensive insurance coverage. Get in touch with Krywolt Insurance and we will examine your business and address your business insurance needs directly. We'll provide you with options for your contractor or trades business insurance, taking into consideration the cost, coverage amounts and areas specifically for your  unique business. With our expert advice, you can make informed decisions about the type and scope of business insurance coverage you need.
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Calgary Contractor & Trades Insurance

Trades and Contractor Insurance Alberta

Contractors and Tradespeople – Easy Solutions for Your Insurance

Every contractor or trade insurance policy we provide in Calgary is custom built for each contractor or tradesperson. Whether you’re a general contractor, construction tradesperson or sub-contractor, we have specialized contractor insurance policies that can help you manage that risk and protect your company, your equipment, your employees,

Krywolt Insurance can assess your needs and provide you with a comprehensive no obligation quote for your contractor insurance or Alberta trades insurance.

Who Needs Trades and Contractor Insurance in Alberta?

If you are a general contractor or a tradesperson in Calgary who focuses on a specific trade such as window cleaning, plumbing or energy sector work, you need contractor and trades insurance. As a building contractor or tradesperson, you are exposed to some major risks. Construction sites involve risks that range from working with hazardous chemicals and volatile materials to working at height or in confined spaces. Without protection in the event of injury, theft or property damage with the right contractor insurance, Alberta contractors could be on the hook to cover legal defense costs, settlements, medical bills and more.

The costs that result from bodily injury, damage or property loss can be absolutely staggering. Without the protection that insurance coverage affords you, those expenses could leave you bankrupt and put an end to your career. Don't let that happen. The experienced brokers at Krywolt Insurance can help you design the ideal Calgary trades and contractor insurance package to meet your unique needs.

Protection against having to pay legal, medical and property damage costs out of pocket is the main reason why you need contractor insurance. Alberta contractors and tradespeople should be aware that there's a second reason as well: if you are not insured, it will severely limit the number, type and quality of jobs you are able to get. Most property owners are not interested in hiring an uninsured contractor or tradesperson, so if you can't provide proof of a comprehensive insurance policy, you'll be passed over, and your competition will walk away with the contract instead.

The Solutions We Provide for Trades and Contractor Insurance in Alberta Include:

What Types of Coverage Are Available for Trades and Contractor Insurance in Alberta?

Your needs are unique, so you need a unique Alberta trades and contractor insurance policy that addresses the specific way you like to operate and offers full coverage against a wide range of risks. With an expert Krywolt Insurance broker on your side, you can get the right coverage for your contractor insurance in Alberta, and have peace of mind knowing you are protected against financial disruption.

Commercial General Liability Insurance

It's critically important for any contractor or person working in trades in Calgary to have commercial general liability coverage. In the event that you are sued for legal claims relating to third-party bodily injury, personal harm or third-party property damage, commercial general liability insurance protects you so you don't have to pay out of pocket for legal fees and settlement costs. For example, say you were working on the roof of a building, and a gust of wind blew a piece of sheet metal off the roof, injuring a pedestrian on the street below. Or, say you were cleaning a client's building and used a harsh chemical cleaner that caused serious damage to a marble floor. Should the pedestrian or building owner in those scenarios decide to sue, you'll be covered under commercial general liability on your contractor liability insurance policy and won't have to pay your own funds for legal settlements and defense fees, medical expenses, replacement costs and more, up to the coverage limits on your policy.

Builder's Risk Insurance

Also referred to as "course of construction" insurance, builder's risk coverage exists to protect you against the costs associated with damage to the building or construction site you are working on while it is being constructed or renovated. It covers specific perils that are named in your policy, which may include:

  • Damage caused by natural disasters such as severe hail or flooding
  • Accidental damage related to explosions, fire or impact by a vehicle or heavy machinery
  • Other types of damage caused by factors such as theft and vandalism

Builder's risk coverage is absolutely necessary for any building that is under construction or undergoing a major renovation, as typical property insurance will not provide coverage for a building until the construction is complete. Many people assume they can add builder's risk coverage to contractor insurance in Alberta after the construction is already underway, but it's important to make sure the coverage is in place before the building process starts. The period of greatest risk is when a building is nearly complete because that's when there's the most to lose. That's why obtaining builder's risk coverage after the start of construction is a lot more costly than having it in place before the construction site opens.

It's common for property owners to purchase builder's risk coverage so they can ensure that their building is protected while under construction, but in some cases property owners will expect the contractor to assume that cost. It's important to clarify with the property owner what type of coverage they have before beginning work and make sure you are fully protected with the right additions to your contractor insurance. Alberta professionals can contact their experienced broker at Krywolt Insurance at any time for help figuring out which types of coverage they need for any given project.

Professional Liability Insurance

No matter what type of contractor you are, your profession requires expertise and skill and comes with an expectation that you will provide quality workmanship. There are many situations where you may need to make a judgment call based on your professional experience or provide advice to clients who naturally don't know as much about your trade as you do. Providing services and advice puts you at risk for litigation related to issues such as allegedly giving bad advice, negligence, failure to deliver a promised service, and more. That's why you will likely need professional liability coverage as a part of your contractor insurance in Alberta. Also known as errors and omissions insurance, this type of liability insurance for contractors provides coverage for your legal costs should you be sued for one of the above reasons.

Contractor Pollution Liability Insurance

Not all types of property damage in Alberta are covered by commercial general liability. With contractors' pollution liability, you are covered in the event that a pollutant is accidentally spilled or a contractor fails to prevent it from escaping and it causes property damage, bodily injury or environmental devastation. Examples of pollutant events that can be covered by contractors' pollution liability include a sewage line that is accidentally ruptured by an excavation contractor, causing raw sewage to pour into the soil, or carbon monoxide from a gas-powered generator that wasn't properly vented causing illness among the occupants of a building.

If you work in an industry such as mold, lead or asbestos abatement, you probably already understand why contractors' pollution liability coverage is so important. But those aren't the only trades that need this type of coverage to be included with their contractor insurance. Alberta contractors deal with a wide range of toxic substances during the course of their work, from plumbers and painters to landscapers and drywall installers, and those individuals can also benefit from contractors' pollution liability insurance.

Commercial Vehicle Insurance

Many contractors and tradespeople in Calgary need to use a vehicle to transport coworkers, materials and tools to and from job sites, so it's important to have commercial auto insurance to provide accident benefits and vehicle liability, and you may also opt for collision and comprehensive coverage. It's not uncommon for contractors to have a vehicle that they use for both personal and commercial reasons, and assume that they are fully covered by personal auto insurance, but that's not necessarily the case. If you use your personal vehicle for business purposes, your personal auto insurance will not provide sufficient coverage.

Commercial Property Insurance

It is, of course, important that your job site be protected by contractor insurance in Alberta while you're working there—but the commercial property you operate your business out of needs coverage as well. This type of insurance protects your business property, such as an office, along with the products, merchandise, equipment and supplies that are kept there, against perils such as fire, natural disasters and theft. If you operate your contractor or trades business out of a physical, brick-and-mortar location, you need commercial property insurance as part of your contractor insurance package. That includes a business that is operated out of your home. If you are storing business equipment in your home garage, for example, and it is damaged in a flood, your home insurance policy will not cover it.

Tool and Equipment Insurance

When the valuable equipment you need to do your job is stored at your business property, it's covered by commercial property insurance. But your circular saw or floor polisher isn't going to do you any good just sitting there—you need to take it with you to the job site, and as soon as it leaves your commercial property, it's no longer covered. That's why tool and equipment coverage is an important addition to your contractor insurance in Alberta. It protects you from paying to repair or replace tools and large equipment that is lost, damaged, vandalized or stolen while it's being used or stored at a job site.

Additional Coverage for Contractor Insurance in Alberta

Depending on the unique needs of your particular trades business operation, you may need other coverage options as well, including additions such as:

  • Equipment Breakdown Insurance
  • Business Interruption Insurance
  • Cyber Liability Insurance
  • Crime Insurance
  • Legal Expenses Coverage
  • Mobile Property Insurance

Frequently Asked Questions on Trade and Contractor Insurance, Alberta

How Much Does Contractor Insurance Cost?

It makes sense that you want to know upfront how much you can expect to pay for trade and contractor insurance. Alberta clients like to make sure they understand all applicable costs so they can budget accordingly. But because there is so much room for variation in the type of policy and coverages you may need, there's no way for us to give even a ballpark figure until we find out more about your specific business needs.

Some of the various factors that will influence the cost of your premiums include:

  • Which coverage options you choose
  • Type of trades industry
  • How your business functions
  • Annual revenue
  • Location of your business
  • Number of employees
  • Past claims history

Once you've spoken with an Alberta trades insurance expert at Krywolt Insurance, we'll get to work finding the right coverage for your needs with competitive contractors insurance quotes.

Am I Legally Required to Have Contractor Insurance in Alberta?

You are not legally required to have trade or contractor insurance to operate as a general contractor or specialized tradesperson in Canada. That being said, the vast majority of contractors and tradespeople do have some level of insurance coverage for two main reasons:

  1. When you work in a trades industry that involves factors such as heavy machinery, toxic chemicals, power tools and other things that are prone to causing injury and damage, it's not so much "if" something goes wrong as "when." Even the most talented and conscientious contractor can't prevent every single mishap—and you could potentially be accused of something you didn't even do. When those unfortunate events happen with comprehensive contractor insurance, Alberta contractors and tradespeople can rest assured that they are protected against paying out of pocket for fees such as medical expenses, legal bills, settlement costs and damage mitigation costs.
  2. If you don't have contractor or trades insurance, the pool of jobs available to you will shrink dramatically because most people aren't interested in hiring a contractor who is not properly insured with the right types and amounts of contractor insurance in Alberta. It will be much more difficult to get the kind of work you prefer to do, and you may not be able to get much of any kind of work—allowing your competitors to snap up all the contracts you left on the table because you didn't have insurance.

What Kind of Information Do I Need to Provide to Purchase Contractor Insurance in Alberta?

The contractor/trades sector is obviously very large and includes a huge number of possible industries and specializations, so it's important to give the team of Krywolt Insurance specialists plenty of information about the specifics of how you operate your business. Here are a couple of things to keep in mind when contacting your broker:

  1. What is the value of the assets owned by your business?
  2. How much liability coverage do you have with respect to other people’s property on your business premises?
  3. Do you own your business premises?
  4. Is there liability on the services you are providing? If so, think about those risks and jot some down.
  5. What would happen if you were injured and couldn’t work? Could your business stay in operation?

There are many more questions but this is a start. Once we know more about how you like to run your particular business, we can get started on hunting down the best options for a comprehensive package of contractor insurance Alberta tradespeople can rely on.

Why Krywolt Insurance?
• Personal Attention
• Exclusive Client Management
• You’ll receive a competitive rate on a suitable policy year after year
• Krywolt Customer Care
• Access to all Major Insurance Providers
• We act for you – not the insurance company
• We’ll obtain multiple quotes for you on suitable policies from leading insurance companies and underwriters
• You receive responsive friendly service.
• You’ll have us in your court if you need to claim
• We’ll do the leg work for you!
Assess Your Risk And Get Insured
Let's Work Together
You need an insurance expert that understands Contractor & Trades Insurance to be able to define all the possible risks associated with your business so you get the best possible coverage to ensure that a single simple accident or oversight doesn’t overcome your business. You know your business, we know the risks and the ways to protect your business from potentially crippling law suits or loss.

We don’t offer instant online quotes for Contractor & Trades Insurance because there is no way we can get to know you and your business without speaking to you and coming to understand all the complexities or simple processes that need to be insured.
Free Contractor & Trades Insurance Audit
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17:51 13 Jan 23
I have been dealing with Krywolt insurance for the past five years and have... always had a great experience whenever I need to make updates or just to get information about policy coverage or to add on riders for specific events. Ask for Morgan if you are looking for rock star service from a commercial account executive with Krywolt. She is super knowledgeable, efficient and a great person to deal with.read more
Amur Abdulghani
Amur Abdulghani
20:28 25 Nov 22
We would truly refer Krywolt Insurance to our friends and family. A sincere,... friendly and wonderful service only is only the beginning of what you can expect from them. A special mention to our account manager AK. He has been fantastic to say the least.read more
Angela Cox
Angela Cox
19:50 26 Sep 22
Sarah L is amazing. She is so attentive and quick to respond. She is... knowledgeable and keeps up to date on our account. Insurance is important and you want to feel like the person you are talking to will make sure you are protected, Sarah definitely does that. I have been with Krywolt for many years and am very happy with the service I receive. Thank-You!read more
Steve Strube
Steve Strube
15:48 20 Sep 22
I was referred to Krywolt several years ago by a business associate. I was very... happy to enjoy a level of personalized service that my previous broker had forgotten over the years.After many years, I am still enjoying the same personalized service.Thanks Sarah!read more
Joel Park
Joel Park
22:06 28 May 20
Great company and team of people. We have been dealing with Darren for 6 years... now and is always a pleasure. Jocelyne and Sherry are professional and responsive and they get things done quick and efficiently. I would definitely recommend them to anyone looking for outstanding service and the best prices.read more
Austin Hannaford
Austin Hannaford
05:04 28 May 20
After having dealt with two different insurance brokers, Krywolt was my number... one pick as they are very responsive and professional. I have worked directly with many of their staff, however I would highly suggest Dan Hannaford if you are looking for someone who knows his stuff and will do his best to get you the client what you require. They are a no joke insurance broker who will tell you upfront the real costs associated with your project. I highly recommend them to anyone who is in need of insurance.read more
Executive Training
Executive Training
23:15 27 May 20
As a new business owner I didn't fully understand the requirements for... commercial insurance, however after calling Krywolt and speaking with Dan he was able to guide me through the process. His knowledge and experience was second to none and he made the process so easy. I called around to other firms and no one else was able to provide me with the recommendations I recieved from Dan. This is the place to call if your looking for insurance.read more
Heather  Jamie Hannaford
Heather Jamie Hannaford
23:03 27 May 20
We worked with Dan on setting up commercial vehicle insurance and it was a... fantastic experience. Dan was very knowledgeable and made suggestions that improved our coverage and provided better protection for our company all while finding us the best price. Dan was very responsive to our inquiries and always got back to us quickly. Are experience with Dan was very positive and we highly recommend Krywolt insurance.read more
galbraith1979 .
galbraith1979 .
02:33 15 May 20
I honestly can think of a better insurance person then Moran. She focuses on... customer service which is sadly becoming a lost art form. My wife and I are proud to have as our insurance lady and recommend to everyone they should call her to switch their insurance.read more
Carla Hoch
Carla Hoch
21:46 14 May 20
Krywolt Insurance is absolutely the best broker we have dealt with ever. ... Krywolt got us out of a complicated situation and guided us every step of the way. With excellent service AND competitive pricing, we feel very well taken care of! We have switched over our home, vehicle and business Insurance to Krywolt. GREAT JOB guys!!!read more
Christopher gonzalez
Christopher gonzalez
20:50 12 May 20
level of unprofessionalism with this company is next level stupidity. would... give them a solid -10 in review if i could. do yourself a favour and stay awayread more
Clean Go Green Go
Clean Go Green Go
21:09 05 May 20
Great Insurance Company, they worked hard to ensure they found us the best rate... and were a pleasure to deal with. Thanks to both Dan and Darren for the excellent service !!read more
Colleen Allin
Colleen Allin
19:24 15 Apr 20
Sherry Thompson was a huge help in finding us insurance under unusual... circumstances. She worked hard to find us the best option, covering all our needs plus the best pricing. I would highly recommend Sherry for her overall efforts, knowledge and timeliness. Thanks again.read more
Jenny R
Jenny R
18:27 29 Jan 20
I've been always taken great care of with any policy or question I've had, I... HIGHLY recommend Morgan Anderson, she's so great and patient. She's most definitely exceptional at what she does.read more
team 7
team 7
17:38 28 Jan 20
Have been working with Krywolt last 6 years. Sherry is very knowledgeable.... Very helpful in the claim process. Great customer service !!!read more
Nilo R
Nilo R
23:23 09 Dec 19
I would just like to give a shout out to Tracy for being so amazing & advising... me. You have no idea how much better you made me feel after having such an awful experience else where. Soooo prompt & friendly, thank you for understanding my situation and doing everything you could to direct me.read more
Morgan Woods
Morgan Woods
00:03 24 Oct 19
I have nothing but positive feedback for the team at Krywolt. As an Aussie... looking for car insurance they were super clear about what forms I would need and put together a great quote for me with ease. Kamal was fantastic help, very professional and went the extra mile to help us get on the road. Would highly recommend them to anyone searching for personal or business insurance! 5/5read more
Cindy Lockton
Cindy Lockton
14:47 14 Sep 19
I switched one policy to Krywolt after having numerous mix ups and conflicting... pricing from another broker and having to wait days and weeks for answers . Dan was extremely professional and courteous and very patient with my incessant questions and got the job done in record time! I have and will continue to recommend this company . I was so impressed I now have all my commercial and personal policies with them . I don’t think I’ve ever been put on hold or have had to wait for a call back . Though insurance isn’t my favorite subject or payment , I no longer have to cringe with anxiety thinking about making a call of getting a question answered ! They also beat every other quote I received from my former broker. Excellent customer service .read more
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