Residential building and remodeling
Residential work is priced on revenue and payroll like any other, but the classifications and the claim frequency push the numbers in specific directions.
Roofing, excavation and anything at height price far higher than interior finish work. The single largest factor.
Workers compensation is priced per hundred dollars of payroll, so it scales directly with headcount and wages.
General liability is priced on revenue, so two contractors with the same headcount can pay very different amounts.
Every state has its own rates and rules. Working across a state line means reporting payroll there.
Claims and injuries follow you for years through your experience modification rate.
How much you sub out, and whether those subcontractors genuinely carry their own coverage, changes your exposure materially.
Residential remodeling produces more claims than commercial work, but they are usually smaller. A dropped tool, a water line, a scratched floor, a damaged appliance. Insurers price on both frequency and severity, and it is the frequency that pushes residential rates up relative to commercial work of the same revenue. This is also why a clean record pays off more in residential work: with a high frequency class, a claim free history is a meaningful differentiator.
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Tell us your trade, payroll and the states you work in. A licensed specialist will come back with real numbers.
