Contractor Insurance in Salt Lake City, Utah

Yes. Utah's Division of Occupational and Professional Licensing (DOPL) requires general liability insurance as a condition of obtaining and maintaining a contractor license. Minimum limits vary by license type, but most licensed contractors carry at least $500,000 per occurrence. General contractors on larger commercial projects in Salt Lake City often carry $1M–$2M per occurrence. As an independent broker, Altamira helps you meet DOPL requirements while finding competitive rates across multiple insurance markets.

Utah DOPL requires licensed contractors to maintain a contractor license surety bond. The required bond amount varies by license classification. The bond protects consumers and project owners from financial harm due to contractor fraud, abandonment, or failure to pay subcontractors. Altamira assists Salt Lake City contractors in obtaining the correct bond amount for their DOPL license classification, including online bond purchasing through our bonding portal.

Contractor insurance costs in Salt Lake City vary widely based on your trade, annual revenue, number of employees, claims history, and coverage limits. General liability for a small specialty trade contractor might start around $800–$1,500 per year, while larger general contractors or higher-risk trades such as roofing or excavation will pay significantly more. As an independent broker, Altamira shops your coverage across multiple carriers to find the most competitive rates for your specific operations.

Yes. Utah law requires all employers with one or more employees to carry workers compensation insurance. There is no minimum number of hours or earnings threshold — if you have any employees on payroll, coverage is mandatory. Sole proprietors and partners without employees may elect to waive coverage for themselves, but must carry it for any employees they hire. Non-compliance with Utah workers comp requirements can result in significant fines and personal liability.