Fiber optic cable insurance costs do vary widely depending on a host of factors that include: Fiber optic cable installers should have at least a general liability insurance policy. You can get a policy for as little as $39 per month, which comes out to $500 annually. When innovation is the standard, you need insurance deisgned for the Fiber. That's why having the right business insurance for fiber optic cable is no longer optional, but essential. Having the correct Contractor Insurance Policy is super important to your. Our licensed brokers specialize in fiber optic contractor insurance, low voltage contractor insurance, and telecom contractor insurance — so we understand your exposures, your contracts, and exactly what coverage you need.