How much does Excavation Contractor insurance cost in Denver, Colorado?

The estimated annual cost for a Excavation Contractor in Denver with one employee is between $1911 and $2810. The state base rate is $950.

What insurance is required for a Excavation Contractor in Colorado?

In Colorado, businesses are subject to a 2.9% insurance tax. Excavation Contractors typically need General Liability due to a risk factor of 2.3.

Excavation Contractor Insurance Cost in Denver, Colorado (2026 Guide)

Estimated Cost (2026)

Adjust based on your team size

Number of Employees1

Just me (1)Team (20)

$1911-$2810

Estimated Annual Premium

Monthly Average Breakdown

$187 / mo

Includes General Liability

Industry Risk Profile

Excavators risk hitting underground utility lines (gas, water, fiber optics), making liability coverage extremely critical and expensive.

Risk Factor2.3x

Location Factors

State Base Rate$950
Denver Multiplier1x
State Tax Rate2.9%

Local Compliance FAQ

Is General Liability required in Denver?

While Colorado law may not mandate it for all businesses, Excavation Contractors often need proof of insurance to bid on local commercial projects in Denver.

Why is the rate different here?

Your premium reflects Colorado's specific base rate of $950 and a local city multiplier of 1x.

Compare Excavation Contractor Insurance in Other Colorado Cities

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