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Surplus Lines Insurance for Contractors: Admitted vs. Non-Admitted Markets

H2: Admitted vs. Surplus Lines: What High-Risk Contractors Need to Know

Topical Sentence: While admitted carriers are the standard, Surplus Lines (Non-Admitted) markets provide essential coverage for contractors who are “declined” due to trade risk or loss history.

Surplus Lines Taxes and Filing Fees

When a policy is placed with a surplus lines insurer, the state may require additional taxes and filing fees. These charges are mandated by law and paid to the state through the surplus lines filing system.

When Contractors May Need a Surplus Lines Policy

Many contractor general liability policies are written with standard admitted insurers. However, insurers sometimes place coverage with a surplus lines company when the contractor’s risk profile falls outside normal underwriting guidelines.

Common situations include:

High-Risk Construction Trades

Some trades carry higher injury or property damage risk, including:

  • roofing contractors

  • structural contractors

  • demolition contractors

  • foundation or framing contractors

Standard insurers may limit coverage for these trades, making surplus lines coverage necessary.

New Businesses With Limited History

Contractors who recently started their business may have:

  • no prior insurance history

  • limited financial records

  • limited project history

Surplus lines insurers often provide coverage when admitted insurers require more operating history.

Contractors With Prior Claims

If a contractor has experienced previous insurance claims, admitted insurers may decline coverage. Surplus lines insurers specialize in evaluating these higher-risk situations.

Specialized or Large Construction Projects

Projects involving:

  • unusual construction methods

  • large contract values

  • specialized building materials

may require custom coverage forms that surplus lines insurers can provide.

Why Surplus Lines Coverage Is Important

Without surplus lines insurers, many contractors would have difficulty obtaining liability coverage. These insurers play an important role in the construction insurance market because they provide coverage for risks that traditional insurers cannot or will not accept.

For contractors, surplus lines policies can:

  • make insurance available when standard carriers decline coverage

  • allow more flexible underwriting for specialized work

  • provide customized policy terms for complex construction risks

Most contractors purchase general liability insurance through standard admitted insurers. However, when a contractor operates in a higher-risk trade, has prior claims, or performs specialized work, the policy may be placed with a surplus lines insurer.

Although surplus lines policies may include additional taxes or filing fees, they provide an essential solution that allows contractors to obtain liability insurance and continue operating legally and safely.

Key Takeaway for Contractors

Taxes and surplus lines fees are government-mandated charges added to certain insurance policies. These fees are separate from the insurance premium and broker fees, and they typically increase the total policy cost by a small percentage.

Contractors should review insurance quotes carefully so they understand the complete policy cost, including:

  • insurance premium

  • broker or service fees

  • state taxes

  • surplus lines filing fees (if applicable)

Understanding these charges helps contractors compare quotes accurately and avoid surprises when purchasing liability insurance.

H3: The Cost of Surplus Lines: Fees, Taxes, and Minimum Premiums

  • Explain why Surplus Lines quotes often look higher due to stamping fees and non-refundable broker fees.

H3: Coverage Differences: Stricter Exclusions and Manuscript Forms

  • Warning: Surplus lines often have more “restrictive endorsements” than a standard ISO policy.

H3: The Lack of a State Guarantee Fund (The Risk Factor)

  • What happens to your project and license if a non-admitted carrier becomes insolvent.

Reviewed by: Jeremy Schaedler
Principal – Surety First Insurance Services

As principal at Surety First, Jeremy Schaedler has specialized in contractor license bonds and construction insurance since 2006. CA License: 0f06277

Disclaimer

This information is for general informational purposes only and does not constitute legal advice. Licensing and insurance requirements may change. Contractors should verify current requirements directly with their state regulatory agency or consult qualified legal counsel.


Surety First Insurance management team at satellite company office
Management team at Surety First Insurance Services, specializing in contractor license bonds and commercial insurance for contractors.

Why Contractors Choose Surety First

  • Specializing in contractor bonds and insurance since 2006 (20,000+ served)
  • A-rated surety markets
  • Fast approvals, often within minutes
  • Electronic CSLB filing
  • Serving contractors across CAORWANVAZ

Phone: 1-800-682-1552
Website: suretyfirst.com

Sources

Jeremy Schaedler – Surety Bond & Contractor Insurance Expert

Jeremy founded Surety First Insurance Services (formerly Schaedler Insurance) shortly after graduating from the University of California, Los Angeles with a bachelor’s degree in Economics. Based in Northern California, the agency specializes in providing insurance and surety bond solutions for construction professionals throughout California, Oregon, Washington, Nevada and Arizona. With a strong focus on service and industry expertise, Jeremy has built Surety First into a trusted resource for contractors seeking reliable insurance and bonding support. Jeremy is happily married and the proud father of two young boys. Outside of work, he enjoys camping, fishing, and spending time with friends and family. CA Insurance License #0F06277

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Filed in compliance with contractor state licensing boards in CA, OR, WA, NV & AZ

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Plus Expanded Market Access

See Why Thousands of Contractors Choose Surety First!

For over 20 years, Surety First Insurances Services has helped contractors in California get the surety bonds and insurance they need – fast. And now, we are excited to announce the expansion of our west coast presence to Oregon, Washington, Nevada, and Arizona.

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