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Maryland Excavation Contractor Insurance From The Allen Thomas Group
Get the Coverage You Need for Maryland’s New Requirements
Everything changed in June 2024. Maryland excavation contractors now need $500,000 in general liability insurance – a tenfold increase from the previous $50,000 requirement. This dramatic change caught many contractors off-guard, creating urgent compliance needs for MHIC license renewals.
The Allen Thomas Group makes Maryland excavation contractor insurance simple.
Our Smart & Easy approach eliminates confusion around new requirements while protecting your business from excavation-specific risks. With 20+ years of contractor insurance expertise across 20+ states, we know exactly what Maryland excavation contractors need to stay compliant and fully protected.
Don’t risk license suspension or project delays. Get comprehensive coverage that meets Maryland’s requirements while safeguarding your excavation business.
Get your Free Quote Today!
Table of Contents
Maryland's New $500K Insurance Requirement: What Excavation Contractors Need to Know
Maryland increased minimum general liability requirements from $50,000 to $500,000 effective June 2024 – creating immediate compliance challenges for excavation contractors statewide.
Here’s what Maryland excavation contractors must know: Every MHIC license renewal now requires proof of $500,000 general liability coverage. The Maryland Home Improvement Commission won’t accept anything less. Contractors without proper coverage face license suspension and project shutdown.
This regulatory change affects all excavation contractors working on:
- Residential property improvements
- New construction excavation projects
- Street and sidewalk excavation work
- Commercial site preparation
The Allen Thomas Group simplifies Maryland compliance. We’ve helped hundreds of contractors navigate the new requirements quickly and affordably. Our expertise ensures your coverage meets Maryland standards while protecting against excavation-specific risks that generic agencies often miss.
Maryland contractors trust our proven approach because we understand both state regulations and excavation industry risks better than anyone.
Underground Utility Strikes and Excavation Risks: Protecting Your Maryland Business
Excavation contractors face unique liability risks that demand specialized protection. Over 550 underground utility “dig-ins” occur daily across the U.S., contributing to approximately $30 billion in annual excavation-related damages.
- Underground utility strikes despite proper 811 notifications
- Trench collapses causing equipment damage and worker injuries
- Heavy equipment accidents involving backhoes and excavators
- Environmental contamination from fuel spills or soil disruption
- Property damage from excavation work gone wrong
Industry statistics reveal the severity: In 2020 alone, 468,000 excavation-related utility incidents occurred nationwide. Backhoes caused 15% of all equipment-related damages, making proper coverage essential for every Maryland excavation business.
Maryland’s extensive underground utility network – including gas, electric, telecommunications, and water systems – increases risk exposure. Miss Utility of Maryland handles thousands of locate requests annually, but even marked utilities can result in costly strikes when excavation work begins.
Without proper excavation contractor insurance, a single incident can devastate your business. Equipment replacement costs, utility repair bills, regulatory fines, and lawsuit settlements quickly escalate beyond most contractors’ financial capacity.
Smart & Easy Excavation Insurance: 20+ Years of Maryland Contractor Expertise
The Allen Thomas Group transforms excavation insurance from complex to simple through our proven Smart & Easy process developed over 20+ years serving contractors.
- Risk Assessment: We evaluate your specific excavation operations, equipment, and Maryland project requirements
- Coverage Customization: We design protection that addresses your unique risks while meeting Maryland’s $500K minimum
- Carrier Selection: We access multiple insurance markets to find competitive rates from excavation-friendly insurers
- Ongoing Support: We provide dedicated service for claims, certificates, and coverage adjustments
- Excavation Specialization: We understand trench work, utility risks, and heavy equipment exposures
- Maryland Expertise: We know MHIC requirements, local regulations, and state-specific compliance needs
- Multi-State Experience: Our 20+ state coverage brings valuable insights to Maryland contractors
- Contractor Focus: We work exclusively with contractors, not homeowners or general businesses
Real results for Maryland excavation contractors: Our clients secure proper coverage while avoiding costly gaps that generic agents often miss. We eliminate jargon, explain coverage in plain English, and deliver personalized solutions that actually work when you need them most.
Maryland excavation contractors choose The Allen Thomas Group because we make insurance work for their business, not against it.
Essential Insurance Coverage Every Maryland Excavation Contractor Needs
Maryland’s $500,000 requirement represents just the starting point. Real comprehensive excavation protection goes much deeper.
Core coverage types every Maryland excavation contractor needs:
($500,000+ required)
Protects against third-party property damage and bodily injury claims from your excavation work. Covers legal defense, medical expenses, and settlement costs when accidents happen.
Workers Compensation Insurance
Required by Maryland law for contractors with employees. Covers work-related injuries and illnesses while protecting you from employee lawsuits. Maryland contractors typically pay $3,776 per employee annually.
Essential for dump trucks, service vehicles, and equipment transport. Personal auto policies exclude business use, leaving dangerous coverage gaps.
Equipment Coverage (Inland Marine)
Protects expensive excavation equipment including backhoes, excavators, compactors, and specialized tools. Covers theft, damage, and breakdown both on and off job sites.
Underground Utility Protection
Specialized coverage for utility strikes and related damages. Essential given the 550 daily dig-ins occurring nationwide and Maryland’s extensive underground infrastructure.
Environmental Liability Insurance
Covers contamination cleanup, soil remediation, and environmental fines from fuel spills or excavation-related pollution incidents.
Average costs for Maryland excavation contractors range from $83-$127 monthly for general liability, with total protection typically representing 5-10% of gross revenue when properly structured.
The Allen Thomas Group ensures your coverage package addresses every excavation risk while meeting Maryland’s requirements at competitive rates.
Tailored Insurance Solutions Built For Your Maryland Excavation Business
We know how frustrating and complex the process of finding the right contractor insurance can be and how it can be difficult to get a certificate of insurance quickly.
Let us help craft an Maryland business insurance policy that works for you.
Tell us about your specific needs and we will find the right policy for you.
Review the results of our search.
We will walk you through your new policy step by step.
Our Commercial Insurance Carrier Partners
That allows us to find the best rates for your business.
Protect Your Maryland Excavation Business Today
The Allen Thomas Group makes Maryland excavation contractor insurance simple and compliant. Period.
With 20+ years of excavation expertise and guaranteed MHIC compliance, we eliminate confusion while protecting everything you’ve built through decades of hard work and smart business decisions.
- Don’t risk license suspension.
- Don’t risk project delays that kill cash flow.
Contact our independent insurance agents today by calling (440) 826-3676 for your free consultation and competitive quote that protects your future.
Get More Insights On Making The Right Insurance Decision For Your Excavating Business
How quickly can I get excavation contractor insurance to meet Maryland's MHIC requirements?
We can provide quotes within 24 hours and bind coverage immediately once approved. Our Smart & Easy process eliminates delays, ensuring you meet MHIC renewal deadlines. Most Maryland excavation contractors receive their certificates of insurance within 2-3 business days.
How much does excavation contractor insurance cost in Maryland?
Maryland excavation contractors typically pay $83-$127 monthly for general liability insurance, plus $3,776 annually per employee for workers compensation. Total comprehensive protection usually costs 5-10% of gross revenue. We provide competitive quotes from multiple excavation-friendly carriers.
What makes The Allen Thomas Group different from other Maryland insurance agencies?
Our 20+ years of excavation specialization means we understand trench work, utility risks, and heavy equipment exposures that generic agents miss. We focus exclusively on contractors, offer personalized service, and simplify Maryland’s complex requirements through our proven Smart & Easy approach.
What coverage does Maryland excavation contractor insurance include?
Comprehensive protection includes $500,000+ general liability, workers compensation, commercial auto, equipment coverage, underground utility protection, and environmental liability insurance. We customize packages based on your specific excavation operations, equipment, and Maryland project requirements.
What are Maryland's new insurance requirements for excavation contractors in 2024?
Maryland increased minimum general liability requirements from $50,000 to $500,000 effective June 2024. All MHIC license renewals now require proof of this coverage. Contractors without proper insurance face license suspension and cannot work on Maryland projects.
Communities In Maryland We Serve Excavation Contractors In
Annapolis
Aspen Hill
Baltimore
Bel Air North
Bel Air South
Bethesda
Bowie
Carney
Catonsville
Chillum
Clinton
College Park
Columbia
Dundalk
Eldersburg
Ellicott City
Essex
Frederick
Gaithersburg
Germantown
Glen Burnie
Hagerstown
Milford Mill
Montgomery Village
North Bethesda
Odenton
Olney
Owings Mills
Parkville
Pikesville
Potomac
Randallstown
Rockville
Salisbury
Severn
Severna Park
Silver Spring
Towson
Waldorf
Wheaton
Woodlawn
