Business Insurance for Snow Plows and Ice Removal
Snow Plowing / Ice Removal
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How much does insurance cost for snow plowing and ice removal businesses?

Snow plow insurance costs depend on the type of insurance, policy limits, deductibles, and factors such as your business's location and number of employees. Save money on commercial insurance by comparing quotes from different providers with Insureon.

Top snow and ice removal insurance policies and their cost

Here are the top snow removal business insurance policies and their average monthly cost:

Our figures are sourced from the median cost of policies for snow removal contractors who apply for quotes with Insureon. The median offers a better estimate of what your business is likely to pay because it excludes outlier high and low premiums.

General liability insurance icon

General liability insurance

Snow removal contractors pay an average of $43 per month, or $520 per year, for general liability insurance, sometimes called public liability insurance. Some snow removal businesses need proof of insurance for this policy to sign a commercial lease or a client contract.

A general liability policy can pay for medical expenses from third-party injuries, such as your snow plow clipping a client on their driveway. It also covers costs if someone sues your business over a bodily injury, property damage, copyright infringement, or advertising injury.

This is the average policy for contractors who buy from Insureon:

Premium: $43 per month
Policy limits: $1 million per occurrence; $2 million aggregate

The cost of a general liability insurance policy depends on factors such as the coverage limits you choose, the size of your business, the amount of foot traffic, and any subcontractors or additional insured endorsements. Learn more about how your premium is calculated.

Business owner’s policy icon

Business owner's policy

Construction businesses and contractors pay an average of $98 per month for a business owner's policy, or $1,173 annually. Only small, low-risk businesses are eligible for a BOP.

A BOP is an insurance package that bundles two important types of coverage at a discount. It includes general liability coverage to protect against common lawsuits, and commercial property insurance to cover vandalism, theft, and property damage.

This is the average business owner's policy for a snow removal contractor who buys from Insureon:

Premium: $98 per month
Policy limits: $1 million per occurrence; $2 million aggregate

The cost of a business owner's policy depends on factors such as the insurance options you choose, the size of your business, the amount of foot traffic, and the value of your business property.

Workers’ compensation insurance icon

Workers’ compensation insurance

Construction businesses and contractors pay an average of $254 per month for workers’ compensation insurance, or $3,054 annually.

Workers' comp helps pay for medical costs from work-related employee injuries and illnesses. Even when it's not required by law, self-employed contractors often buy this coverage for financial protection against job injuries, which personal health insurance could deny.

Most policies include employer's liability insurance, which covers the cost of lawsuits related to workplace injuries. There's usually no limit to how much a workers' comp policy can pay for employee benefits, though it depends on state laws.

The cost of a workers' compensation policy depends on factors such as the number of employees and the type of work they do. Learn more about how workers' comp costs are calculated.

Commercial auto insurance icon

Commercial auto insurance

Construction businesses and contractors pay an average of $173 per month, or $2,075 per year, for commercial auto insurance.

Most states require this coverage for vehicles owned by a snow removal company. For leased, rented, and personal vehicles used by your business, look to hired and non-owned auto insurance (HNOA) instead.

A commercial auto insurance policy covers financial losses in the event of an accident involving your business vehicle, such as your truck with a plow attachment.

It can help pay for property damage, medical bills, and legal expenses. When buying a policy, you'll need to make sure your coverage limits match the requirements in your state.

The cost of a commercial auto policy depends on your coverage needs, the value of the vehicle, and your insurance claims history. Learn how insurers calculate your premium.

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Contractor’s tools and equipment coverage icon

Contractor’s tools and equipment insurance

Construction businesses and tradesmen pay an average of $14 per month for contractor’s tools and equipment insurance, or $169 annually.

A form of inland marine insurance, this policy covers your property whether it’s in your office, in transit, or at a job site. Tools insurance can pay for lost, stolen, or damaged tools and equipment valued at $10,000 or less, such as salting machines and ice scrapers.

The cost of contractor's tools and equipment coverage depends on the value of your tools and equipment and the type of work you do.

Professional liability insurance icon

Professional liability insurance

Construction businesses and contractors pay an average of $74 per month, or $886 per year, for professional liability insurance. Snow plowing businesses can sometimes bundle this coverage with general liability insurance at a combined average price of $112 monthly.

Professional liability insurance covers legal fees related to professional negligence, such as failing to clean up a client's parking lot on time. It's sometimes called errors and omissions insurance or E&O insurance.

This is the average coverage and pricing for contractors who buy from Insureon:

Premium: $74 per month
Policy limits: $1 million per occurrence; $1 million aggregate
Deductible: $1,250

The cost of professional liability insurance depends on factors such as the coverage limits you choose, the size of your business, and the snow removal services you offer. Find out how insurers set professional liability premiums.

Umbrella / excess liability insurance icon

Commercial umbrella insurance

Construction businesses and contractors pay an average of $81 per month, or $977 annually, for commercial umbrella insurance, which you can buy to boost the limits of your underlying general liability, commercial auto, or employer's liability insurance.

Umbrella insurance provides an additional safeguard and helps snow removal contractors meet contractual demands for higher limits. When the underlying policy reaches its limit, commercial umbrella insurance activates to cover any costs over that limit, up to the limit of your umbrella policy.

The cost of commercial umbrella insurance depends primarily on the amount of coverage you purchase.

Surety bond icon

Surety bonds

Construction contractors and businesses pay an average of $8 per month, or $100 per year, for a surety bond.

A surety bond reimburses your client if you're unable to fulfill the terms of a snow removal contract or other agreement. You may need a surety bond to get a contractor's license for certain types of work.

The cost of a surety bond primarily depends on the size of the bond.

How do I get snow and ice removal business insurance?

Insureon can help you find affordable snow removal business insurance coverage in three easy steps:

  1. Fill out a free online application with details about your business.
  2. Compare custom quotes from top-rated U.S. insurance providers.
  3. Select a policy and pay the premium to begin coverage.

You can consult a licensed insurance agent for questions about your risks, state insurance requirements, and the best coverage for your business. Once you've bought a policy, you can download a certificate of insurance for proof of coverage. Most small business owners can get insured within 24 hours of applying for quotes.

Updated: October 26, 2023
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