New Jersey contractors insurance

Licensing & registration in New Jersey

Contractor licensing in New Jersey is handled at the state and/or local level and can vary by trade and project size — home-improvement contractors commonly register with the state, and trades such as electrical and plumbing carry their own licensing. Verify the current requirement with your state licensing board (and the municipality where you work) before bidding.

Many licensing bodies require a license or registration bond as a guarantee to the public, separate from your liability insurance. Whether a bond applies depends on your jurisdiction and trade, so confirm the current rule before you start.

Coverages New Jersey contractors carry

• •General liability — generally intended to respond to third-party injury and property damage from your work, including completed-operations claims that surface after a job.
• •Workers’ compensation — required in most states once you have employees, and commonly required of subs by the GCs who hire them.
• •License / registration bond — a guarantee to the public required by many licensing bodies; distinct from your liability insurance.
• •Tools & equipment (inland marine) — optional coverage generally intended to address loss or damage to your own gear.
• •Commercial auto — for work trucks and vans; personal auto typically excludes business use.

Who needs it in New Jersey

Common New Jersey users include home builders and remodelers, roofers, electricians, plumbers, HVAC, and landscapers across Newark, Jersey City, Paterson, and Trenton.