Best Insurance Companies for Oregon Contractors
Which insurers do Oregon contractors actually choose? We analyzed 38,000+ active CCB licenses to rank the 10 most widely used contractor insurance companies in Oregon — with data on coverage amounts, trade specialization, and market share.
Researching contractors insurance in Oregon or verifying a CCB license? This data study shows what Oregon's 38,000+ licensed contractors actually carry — ranked by market share, not advertising spend.
Top 10 Contractor Insurance Companies in Oregon
Ranked by number of active Oregon CCB licenses per insurer — the most used contractor insurance in Oregon as of March 2026.
| # | Insurer | CCB Licenses | Market Share | Avg. Coverage | Trade Licensed |
|---|---|---|---|---|---|
| 1 | CBIC Contractors Bonding & Insurance Co. | 4,843 | 12.6% | $944K | 183 |
| 2 | NEXT Insurance ERGO NEXT Insurance (Munich Re) | 2,869 | 7.5% | $996K | 151 |
| 3 | Ohio Security Ohio Security Insurance Company (Liberty Mutual) | 3,026 | 7.9% | $973K | 411 |
| 4 | Continental Casualty Continental Casualty Company (CNA) | 1,810 | 4.7% | $1,025K | 74 |
| 5 | Scottsdale Insurance Scottsdale Insurance Co. (Nationwide) | 1,615 | 4.2% | $1,028K | 110 |
| 6 | Country Mutual Country Mutual Insurance Company | 1,275 | 3.3% | $1,001K | 235 |
| 7 | HDI Global HDI Global Insurance Company (Talanx) | 1,151 | 3.0% | $996K | 147 |
| 8 | Acuity Acuity A Mutual Insurance Company | 1,232 | 3.2% | $1,027K | 214 |
| 9 | Atlantic Casualty Atlantic Casualty Insurance Company | 1,001 | 2.6% | $980K | 31 |
| 10 | US Specialty US Specialty Insurance Company (HCC) | 960 | 2.5% | $1,015K | 62 |
Market share = percentage of 38,422 active Oregon CCB licenses listing each insurer as the contractor's general liability provider, as of March 2026. Average coverage = mean policy limit among contractors insured by that company — not a recommended coverage amount. Trade Licensed = number of contractors also holding an active Oregon BCD license (electrical, plumbing, HVAC or boiler) with the same insurer.
Company Profiles
CBIC — Contractors Bonding & Insurance Company
An RLI Company · Founded 1979 · A+ AM Best · rlicorp.com
CBIC is the dominant insurer among Oregon CCB-licensed contractors, covering nearly 1 in 8 active licenses. Established in 1979 and acquired by RLI Corp in 2011, CBIC specializes exclusively in contractor insurance and bonding — it does not serve other industries. Its flagship product, the Contrac Pac, bundles general liability, contractor's license bond, property insurance, and inland marine coverage into a single policy designed for small to medium-sized residential and light commercial contractors.
CBIC's dominance in Oregon is unsurprising given its Pacific Northwest roots and its historical focus on states where contractor licensing is strictly enforced. Its A+ AM Best rating and 29 profitable years out of its first 33 indicate consistently sound underwriting. Among Oregon CCB contractors, CBIC is also the #1 provider of surety bonds — making it a convenient one-stop shop for both bond and insurance requirements. See our Bond & Insurance Companies Study →
NEXT Insurance (ERGO NEXT)
A Munich Re Company · A- AM Best · Digital-first · nextinsurance.com
NEXT Insurance is the fastest-growing insurer among Oregon contractors and the only fully digital option in this ranking. Now operating as ERGO NEXT Insurance under Munich Re, NEXT offers coverage purchasable entirely online in under 10 minutes — including certificate of insurance download — with no agent required. This makes it particularly attractive to newly licensed contractors who need to meet CCB insurance requirements quickly.
NEXT covers 83 electricians and 64 plumbers among its Oregon trade license holders. Its average coverage of $996K is in line with the market. Policies include general liability with contractors' E&O, tools and equipment coverage, workers' compensation, and commercial auto as add-ons. Rated A- (Excellent) by AM Best.
Ohio Security Insurance Company
A Liberty Mutual Company · Strong in trade contractors
Ohio Security Insurance Company, a Liberty Mutual subsidiary, ranks #1 for trade-licensed contractors in Oregon — covering 276 active BCD electricians and 114 licensed plumbers. This makes it the leading insurer for specialized trade contractors who hold both CCB and BCD licenses. With 3,026 total CCB licenses, Ohio Security covers nearly 8% of the Oregon contractor market and is particularly strong among mid-size residential and commercial specialty contractors.
Continental Casualty Company (CNA)
Continental Casualty Company is the primary contractor-focused subsidiary of CNA Financial Corporation, one of the largest US commercial insurers. CNA has specialized in construction risk since the early 20th century and offers a comprehensive suite of contractor coverages including general liability, builder's risk, pollution liability, and professional liability. Its presence among Oregon contractors reflects CNA's national distribution network through independent agents.
Scottsdale Insurance Co. (Nationwide)
Scottsdale Insurance Company, a Nationwide subsidiary, specializes in excess and surplus (E&S) lines — meaning it covers contractors who may not qualify for standard admitted markets due to the nature of their work. With 1,615 Oregon CCB licenses and above-average coverage ($1,028K), Scottsdale is particularly relevant for higher-risk trades and specialty contractors. Its E&S specialization makes it a common choice for roofing, demolition, and excavation contractors.
Country Mutual Insurance Company
Country Mutual Insurance Company is a regional mutual insurer with strong roots in the Pacific Northwest and Midwest. Among Oregon trade contractors, Country Mutual leads in plumbing (115 licensed plumbers) and is tied with Ohio Security for electricians (114). With 235 BCD trade-licensed contractors, Country Mutual has a higher ratio of specialized trade contractors relative to its total CCB base than most competitors — suggesting it is particularly well-regarded among electricians and plumbers.
HDI Global Insurance Company (Talanx)
HDI Global Insurance Company is a subsidiary of Talanx AG, a major German insurance group. HDI focuses on commercial and industrial risks and is known for competitive pricing in the contractor segment. With 73 electricians and 58 plumbers among its Oregon trade-licensed contractors, HDI has significant penetration in the specialized trades market. HDI is distributed through independent agents and brokers.
Acuity A Mutual Insurance Company
Acuity is an independent regional mutual insurer headquartered in Wisconsin. Among the top 10, Acuity carries the highest average coverage amount at $1,027K — suggesting its contractor clients tend to carry above-minimum coverage. With 214 BCD trade-licensed contractors (126 electricians, 74 plumbers), Acuity has strong penetration in the specialized trades. Acuity is consistently rated among the best regional carriers for customer service.
Atlantic Casualty Insurance Company
Atlantic Casualty Insurance Company specializes in non-standard commercial general liability coverage and is a common choice for contractors who need flexible underwriting. With 1,001 CCB licenses and relatively few BCD trade-licensed contractors (31), Atlantic Casualty tends to serve a broader range of general contractors rather than trade specialists. It is distributed through wholesale brokers and surplus lines agents.
US Specialty Insurance Company (HCC)
US Specialty Insurance Company, part of Tokio Marine HCC, is an excess and surplus lines carrier that focuses on niche commercial risks including construction. With 960 Oregon CCB licenses and 58 BCD electricians among its insured contractors, US Specialty serves both general and specialty contractors. Its above-average coverage ($1,015K) reflects its focus on commercial-scale projects.
Which insurer fits your situation?
Based on the CCB data, here is a practical guide to matching your contractor profile with the right insurer type. Always get multiple quotes before deciding.
Newly licensed contractor
Need coverage fast to meet CCB requirements
100% online, coverage in under 10 minutes, certificate of insurance downloadable immediately. No agent required.
Electrician (BCD Type C)
Holding both CCB and BCD electrical license
Ohio Security covers more Oregon electricians than any other insurer (276). Acuity carries the highest average coverage ($1,027K). Country Mutual is strong in the Pacific Northwest.
Plumber (BCD Type PB)
Holding both CCB and BCD plumbing license
Country Mutual leads in plumbing with 115 licensed plumbers. Ohio Security follows with 114. Both have strong regional distribution in Oregon.
General or commercial contractor
RGC, CGC1, CGC2 — mixed residential and commercial
CBIC's Contrac Pac bundles bond + insurance in a single policy — convenient for contractors who need both. CNA offers broader commercial coverages including builder's risk and pollution liability.
High-risk specialty contractor
Roofing, demolition, excavation, or non-standard work
Both specialize in excess and surplus (E&S) lines — covering contractors who may not qualify for standard admitted markets due to the nature of their work.
Contractor wanting above-minimum coverage
Projects over $500K or commercial clients requiring higher limits
Acuity has the highest average coverage in the top 10 ($1,027K). Continental Casualty and US Specialty also carry above-average limits and are common for larger commercial projects.
Top Insurers by Trade Specialty
Electricians (BCD Type C)
- Ohio Security — 276 electricians
- Acuity — 126 electricians
- NEXT Insurance — 83 electricians
- Country Mutual — 114 electricians
- HDI Global — 73 electricians
Plumbers (BCD Type PB)
- Country Mutual — 115 plumbers
- Ohio Security — 114 plumbers
- Acuity — 74 plumbers
- NEXT Insurance — 64 plumbers
- HDI Global — 58 plumbers
Key Findings
CBIC leads with 12.6% market share
No other insurer comes close. CBIC's exclusive focus on contractors since 1979 and its Pacific Northwest roots make it the default choice for Oregon CCB-licensed contractors.
Digital insurer NEXT ranks #2
NEXT Insurance has captured 7.5% of the Oregon market with a fully online platform. Its growth reflects a generational shift toward self-service insurance among newer contractors.
Ohio Security leads in trade specialists
For contractors with both CCB and BCD licenses, Ohio Security covers the most — 411 trade-licensed contractors including 276 electricians. It is the insurer of choice for specialized trades.
Average coverage is ~$1M across all top 10
Despite varying minimums by license type ($100K–$2M), the average coverage among the top 10 insurers clusters tightly around $1,000,000 — suggesting contractors tend to carry well above the minimum required.
Frequently Asked Questions
Data Sources
- Oregon CCB Active Licenses — Oregon Open Data Portal. 38,422 active licenses as of March 2026.
- Oregon BCD Active Licenses — Oregon Open Data Portal. 48,919 active trade licenses.
- Oregon Contractor Bond & Insurance Companies Study — previous CCB Lookup study on bond and insurance market share.
Published: March 2026. Data reflects active licenses only. CCB Lookup is not affiliated with any insurer listed in this study.
Quick Reference
- CBIC 12.6%
- NEXT Insurance 7.5%
- Ohio Security 7.9%
- Continental Casualty 4.7%
- Scottsdale Insurance 4.2%
- Country Mutual 3.3%
- HDI Global 3.0%
- Acuity 3.2%
- Atlantic Casualty 2.6%
- US Specialty 2.5%
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