Insurance requirements for general contractors operating in Idaho.
The insurance information below shows general national guidelines. We have not yet researched and verified Idaho-specific requirements. Requirements vary significantly by state — for example, some states make workers' compensation optional while others mandate it for even one employee. Always verify with your state's insurance department and a licensed insurance agent before making coverage decisions.
Protects against third-party bodily injury and property damage claims. Check Idaho-specific requirements with a local insurance agent.
Minimum Coverage
$500,000 - $1,000,000
Estimated Annual Cost
$500 - $2,000/year
Workers' compensation requirements vary by state. Check Idaho's specific threshold for when WC is required. Some states require it for all employers; others make it optional.
Minimum Coverage
Statutory limits
Estimated Annual Cost
$1,000 - $5,000/year
Bond requirements vary by state and municipality. Check Idaho's specific requirements.
Minimum Coverage
$5,000 - $25,000
Estimated Annual Cost
$100 - $500/year
Required if you use vehicles for business purposes. Check your state minimums.
Minimum Coverage
State minimums
Estimated Annual Cost
$1,200 - $3,000/year
Provides additional coverage beyond your general liability and auto policy limits. Recommended for larger projects.
Minimum Coverage
$1,000,000+
Estimated Annual Cost
$300 - $1,000/year
$2,800 - $10,000/year
Varies based on your revenue, number of employees, claims history, and specific coverage limits.
Insurance requirements and costs vary by insurer, your business specifics, and local regulations. Always consult with a licensed insurance agent for quotes specific to your situation. This guide is informational only.