Contractor Insurance in Las Vegas, Nevada

Yes. Nevada requires licensed contractors to maintain general liability insurance as a condition of their contractor license issued by the Nevada State Contractors Board (NSCB). The minimum limits vary by license class, but most contractors carry at least $500,000 per occurrence. General contractors working on larger commercial projects typically need $1M–$2M in coverage.

The NSCB requires all licensed contractors to carry a contractor's license bond. The bond amount depends on your license classification and annual gross volume. Residential-only contractors and commercial contractors have different requirements. Altamira can help you obtain the correct bond amount quickly, including fast online bonding for qualifying licenses.

General liability insurance for Las Vegas contractors typically ranges from $800 to $5,000+ per year depending on your trade, annual revenue, number of employees, and coverage limits. High-risk trades like roofing, demolition, and structural work carry higher premiums. As an independent broker, Altamira shops multiple carriers to find the most competitive rate for your specific trade and operations.

Yes. Nevada law requires all employers with one or more employees to carry workers compensation insurance. There is no minimum number of hours worked. Sole proprietors without employees may waive coverage for themselves but must cover any employees they hire. Failure to carry required workers comp can result in significant fines and personal liability.