Contractor Insurance
in New Mexico
Protection That Keeps New Mexico Contractors Moving
From Albuquerque to Santa Fe, Las Cruces to Farmington—contractors across New Mexico rely on ACI for affordable, compliant insurance that protects their crews, tools, and businesses. Whether you’re a licensed builder, solo handyman, or subcontractor, we make it easy to get covered and stay ready for every job.
Why Contractors in New Mexico Choose ACI
Local Expertise
We understand New Mexico’s contractor licensing and insurance requirements, including Construction Industries Division (CID) compliance.
Same-Day Certificates
Need proof of coverage for permits or clients? We deliver fast.
Flexible Payment Plans
Get started with just 20% down and spread your payments monthly.
Bundled Savings
Combine general liability, workers’ comp, and other policies to save up to 25%.
Insurance Coverage We Offer in New Mexico
We provide all the essential policies required for licensed and unlicensed contractors operating across New Mexico.
- General Liability Insurance
Covers third-party injuries, property damage, and legal defense costs. Often required to obtain or renew your contractor license through New Mexico’s Construction Industries Division.
- Workers’ Compensation Insurance
Required if you have three or more employees. This policy pays for medical care, lost wages, and rehabilitation if a team member is injured on the job.
- Commercial Auto Insurance
Essential for contractors who use vehicles for business. Protects against collisions, theft, and liability while driving to jobsites across New Mexico’s urban and rural areas.
- Tools & Equipment Insurance
Covers tools, machinery, and jobsite gear from theft, fire, and accidental damage—whether you’re working in the city or a remote desert location.
- Builder’s Risk Insurance
Short-term coverage for structures under construction or renovation. Protects materials and labor from damage caused by weather, fire, vandalism, and theft.
- Professional Liability Insurance
Covers design errors, missed deadlines, or claims of professional negligence. Ideal for contractors who offer estimates, consulting, or planning services.
Who We Cover in New Mexico
We insure a broad range of trades across New Mexico, including:
- General Contractors
- Roofers
- Electricians
- Plumbers
- HVAC Technicians
Don’t see your trade listed? We likely cover it—request a quote in just a few minutes.
How Much Does Contractor Insurance Cost in New Mexico?
Your monthly premium depends on your work type, crew size, and job site risks. Whether you’re renovating homes in Rio Rancho or building commercial sites in Roswell, we help you find coverage that fits.
Cost Factors
- Type of Work
Roofing and excavation generally cost more to insure than painting or finish carpentry.
- Business Size
Larger teams typically require broader coverage, which can increase your insurance premium.
- Coverage Limits
Higher policy limits provide more protection and slightly higher premiums.
- Claims History
Businesses with clean records may qualify for lower rates.
- Location & Risk
Remote job sites, desert weather, and local theft rates can impact pricing.
Get a custom quote that reflects your unique business setup.
New Mexico Contractor Insurance Requirements
General Liability Insurance
Frequently required to obtain a GB-98 or other contractor classifications from the state. Also required by many clients and project owners.
Workers’ Compensation Insurance
Mandatory if you have three or more employees. Coverage is regulated by the New Mexico Workers’ Compensation Administration (WCA).
Commercial Auto Insurance
Required for any vehicle used primarily for business tasks like hauling materials, visiting sites, or transporting workers.
Requirements may vary depending on your trade, location, and project type—ACI helps you stay compliant without overspending.
Get a Free Contractor Insurance Quote
in New Mexico
Whether you’re laying foundation in Gallup or wiring homes in Santa Fe, ACI helps you get insured fast—so you can get to work with confidence and compliance.