Painter’s Business Insurance.
Obtain the appropriate insurance protection from leading insurance companies.
The cost of insurance for painters depends on various factors such as the number and location of your business, the type of insurance policy, deductibles, limits, and the providers offered by Insureon for comparing quotes and saving money on insurance for your business and employees.
General liability insurance
Painters typically incur an average monthly cost of $59, or $704 annually, for their general liability insurance, encompassing a range of services such as sign painting, paperhanging, and house painting. When entering into a commercial lease or signing a client contract, it may be necessary to provide evidence of insurance coverage under this particular policy.
If someone sues your business for injury or property damage, it can also cover the costs to cover bodily injury. A general liability policy can pay for medical expenses resulting from accidents, such as a customer who trips over your ladder and suffers an injury.
This is the standard policy for painting contractors who purchase from Insureon.
Price: $59 per month
Policy restrictions: $1 million per incident; $2 million total.
Deductible: $500.
The cost of a general liability insurance policy depends on factors such as the limits of coverage you select, the size of your business, the level of foot traffic, and any subcontractors or additional insured endorsements. Gain a better understanding of how your premium is calculated.
Commercial auto insurance
Commercial and residential painting contractors and businesses pay an average of $1,673 per year or $139 per month for auto insurance.
Most states require this coverage for vehicles owned by a painting company. Instead, for personal, rented, and leased vehicles used for business purposes, look to hired and non-owned auto insurance (HNOA).
When purchasing an auto insurance policy, you’ll need to make sure that your requirements match the coverage limits stated. Commercial auto insurance can help pay for legal costs, medical bills, and property damage in the event of an accident involving your business vehicle, providing financial protection.
Gain knowledge on how insurance companies determine your premium. The price of a business automobile policy is determined by your past insurance claims, the worth of the vehicle, and the coverage alternatives you select.
Obtain complimentary insurance estimates for artists from leading carriers in the United States.
Contractor’s tools and equipment insurance
Commercial umbrella insurance
Painting businesses can pay an average of $707 annually or $59 per month for commercial umbrella insurance, which can increase the limits of insurance liability for employers or general auto commercial liability underlying your coverage.
Commercial umbrella insurance becomes effective to provide coverage for expenses exceeding the limit of your umbrella policy, once the underlying policy reaches its maximum coverage limit.
The price of business umbrella insurance primarily relies on the extent of coverage you acquire.
Top painter insurance policies and their cost
These are the leading insurance policies for painting businesses and their average monthly expenses.
As it omits extreme high and low premiums, the median provides a more accurate approximation of the amount your business is expected to pay. Our data is obtained from the median price of insurance policies for painters who request quotes from Insureon.
Business owner’s policy
Only small, low-risk businesses are qualified for a BOP. Painting businesses and contractors pay an average of $84 per month, or $1,002 per year, for a business owner’s policy.
A policy owner’s business benefits from discounting two important types of coverage bundles. It includes general liability coverage to protect against common lawsuits and commercial property insurance to cover damages to the business property caused by vandalism, theft, and other incidents.
This is the standard business owner’s policy for a painter who purchases from Insureon.
Cost: $84 per month
Policy restrictions: $1 million for each instance; $2 million overall.
Deductible: $500.
The cost of a business owner’s policy depends on factors such as the size of your business, the value of your business property, and the amount of foot traffic. You can choose options such as insurance coverage depending on these factors.
Surety bonds
Construction contractors and businesses typically pay an average of $8 per month, or $100 per year, for a guarantee bond.
Certain categories of employment necessitate a permit that might require a guarantee bond. In the event that you are incapable of meeting the conditions of a contract or alternative arrangement, your customer will be compensated through a surety bond.
The price of a surety bond mainly relies on the magnitude of the bond.
Professional liability insurance
Workers’ compensation insurance
How do I get painting business insurance?
Insureon can assist you in finding cost-effective coverage for painting insurance through a simple three-step process.
Most small business owners can obtain insurance coverage for 24 hours. Once you have purchased a policy, you can download a certificate of insurance as proof of coverage. If you have any questions about state insurance requirements and the risks you face, you can consult a licensed insurance agent.
Discover insurance estimates for artists specializing in
Save funds by contrasting insurance estimates from various providers.
DISCOVER ON INS