Painters' insurance costs depend on your policy limits, your business risks, your equipment value, and other factors. Cost estimates are sourced from policies purchased by Insureon customers.
From sign painting to paperhanging and house painting, painters pay a median premium of about $50 per month, or $600 per year, for general liability insurance. This policy offers protection against third-party injuries, third-party property damage, and advertising injuries.
Painters can often save money by bundling general liability insurance with commercial property insurance in a business owner’s policy (BOP).
Median cost per year: $600
Policy limit: $1 million per occurrence
Deductible: $250
Learn how to save money on your policy, which coverage limits to choose, and more on Insureon's general liability insurance cost analysis page.
The median cost of workers’ compensation insurance for painters is about $275 per month, or $3,320 annually. This policy, which is required in almost every state for businesses with employees, can help cover medical fees and lost wages for work-related injuries and illnesses.
Learn how workers' comp premiums are calculated and more on Insureon's workers' compensation insurance cost analysis page.
At a median rate of less than $135 per month, or $1,600 annually, commercial auto insurance provides coverage for vehicles your painting business owns. It can help pay for property damage and medical costs in an accident. Commercial auto insurance also covers vehicle theft, weather damage, and vandalism.
Median cost per year: $1,600
Policy limit: $1 million
Learn how coverage limits and other factors affect the cost of this policy on Insureon's commercial auto insurance cost analysis page.
Painters pay a median premium of about $15 per month, or $170 annually, for contractor’s tools and equipment coverage.
A form of inland marine insurance, this policy helps cover the repair or replacement of lost, stolen, or damaged tools and equipment.
Median cost per year: $170
Policy limit: $5,000
Learn which coverage limits to choose and more on Insureon's contractor's tools and equipment insurance cost analysis page.
Construction businesses and contractors pay a median of about $85 per month, or $1,000 per year, for professional liability insurance. This policy protects painters against lawsuits alleging unsatisfactory, late, or incomplete work. It's also called errors and omissions insurance (E&O).
Median cost per year: $1,000
Policy limit: $1 million per occurrence
Learn how to save money on your policy, which coverage limits to choose, and more on Insureon's professional liability insurance cost analysis page.
Construction businesses and contractors pay a median premium of about $8 per month, or $100 per year, for surety bonds. A surety bond reimburses your client if you're unable to fulfill the terms of a contract or other agreement.
Median cost per year: $100
Bond amount: $10,000
Learn how to reduce your premium, which bond amount to choose, and more on Insureon's surety bond cost analysis page.
It’s easy to get insurance as a painter if you have your business information on hand. An insurance application will ask for basic facts about your business, such as revenue and number of employees. You can buy a policy online and get a certificate of insurance with Insureon in three easy steps:
Insureon's licensed agents work with top-rated U.S. providers to find coverage that fits your painting business, whether you work independently or hire employees.