How much does Concrete Contractor insurance cost in Richmond, Virginia?

The estimated annual cost for a Concrete Contractor in Richmond with one employee is between $1332 and $1959. The state base rate is $930.

What insurance is required for a Concrete Contractor in Virginia?

In Virginia, businesses are subject to a 5.3% insurance tax. Concrete Contractors typically need General Liability due to a risk factor of 1.6.

Concrete Contractor Insurance Cost in Richmond, Virginia (2026 Guide)

Estimated Cost (2026)

Adjust based on your team size

Number of Employees1

Just me (1)Team (20)

$1332-$1959

Estimated Annual Premium

Monthly Average Breakdown

$131 / mo

Includes General Liability

Industry Risk Profile

Concrete work requires heavy machinery and manual labor, presenting moderate to high risks for worker injuries.

Risk Factor1.6x

Location Factors

State Base Rate$930
Richmond Multiplier1x
State Tax Rate5.3%

Local Compliance FAQ

Is General Liability required in Richmond?

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

Why is the rate different here?

Your premium reflects Virginia's specific base rate of $930 and a local city multiplier of 1x.

Compare Concrete Contractor Insurance in Other Virginia Cities

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