How much does printing business insurance cost?

Printing and copying businesses pay an average of $44 per month, or $531 per year, for general liability insurance.

General liability insurance helps cover common third-party lawsuits from customers and other visitors, including those related to bodily injuries and property damage.

For example, a customer visiting your printing shop might trip over an extension cord and file a lawsuit over their injury. General liability coverage would pay for legal expenses, including the cost of hiring an attorney and any resulting settlement or court-ordered judgment.

It also helps pay for attorney's fees and other legal expenses if someone sues your business over copyright infringement or other advertising injuries, including defamation.

This is the average general liability policy for printing and copying companies that buy from Insureon:

Insurance premium: $44 per month
Policy limits: $1 million per occurrence; $2 million aggregate

The cost of general liability insurance depends on several factors, such as the coverage limits you choose, the size of your business, the amount of foot traffic you have, your location, and any endorsements on your policy, such as an additional insured.

General liability insurance costs depend on your risk of a third-party lawsuit. Basically, the more you interact with the public, the higher your level of risk for this kind of lawsuit.

For example, an Etsy seller who works from home will pay less for this policy than a busy screen printing business that has customers coming and going all day.

Among printers and copiers that purchase general liability insurance with Insureon, 83% pay less than $60 per month and 20% pay less than $30 per month.

Policy limits are the maximum amounts your insurance company will pay for covered claims.

The per-occurrence limit is the most your insurer will pay for claims resulting from a single incident, while the aggregate limit is the most your insurer will pay for any claims during your policy period, typically one year.

Most printing and copying businesses (96%) choose a general liability policy with a $1 million per-occurrence limit and a $2 million aggregate limit. As your business grows, you may need to raise your policy limits.

Choosing lower limits is one way your printing and copying company can save money on general liability insurance, though you'll still want enough coverage to handle a lawsuit.

Printing and copying professionals pay an average of $107 per month, or $1,283 per year, for a business owner’s policy.

A business owner's policy, or BOP, bundles general liability coverage with commercial property insurance to cover both third-party risks and your business property. It typically costs less than purchasing each policy separately.

A BOP protects against customer injuries and property damage. In addition, this type of insurance covers the repair or replacement costs of your physical building and printing equipment if they're damaged due to vandalism or other covered claims.

Because of its increased coverage and affordability, it’s the policy most often recommended by Insureon’s agents for small business owners who rent or own a building.

This is the average BOP for printing and copying businesses that buy from Insureon:

Insurance premium: $107 per month
Policy limits: $1 million per occurrence; $2 million aggregate
Deductible: $1,000

Small, low-risk printing companies are often eligible for a business owner's policy.

Small business owners may see higher costs if they choose to add endorsements to their policy. Insurance endorsements, such as business interruption insurance or equipment breakdown coverage, are often recommended to help avoid financial losses if a fire or power outage forces your business operations to cease for an extended period of time.

The cost of a business owner's policy is based on a number of factors. That includes the value of your building or office, the value of your printing or copying equipment, where you are located, the number of employees you have, and your specialty.

Among printing and copying businesses that purchase a business owner’s policy with Insureon, 46% pay less than $100 per month and 35% pay between $100 and $200 per month.

Businesses with larger or more expensive business property will typically pay more for a BOP than printing companies with smaller premises or lower value business property. Your industry risk, years in operation, and claims history will also affect your premium.

For printers and copiers, workers’ compensation insurance costs an average of $98 per month, or an annual premium of $1,173.

This insurance policy covers medical expenses when an employee is injured on the job, and it also provides disability benefits while they're recovering and unable to work.

For instance, if a print publishing employee gets their hand stuck in a printer and needs stitches, a workers' comp policy would cover their medical costs and medication.

To comply with your state’s requirements and avoid penalties, printing businesses with employees typically must purchase this coverage. It's also recommended for sole proprietors, as health insurance plans can deny claims for medical bills when an injury or illness is related to your job.

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 workers' compensation insurance depends on several factors, including the number of employees you have and the level of risk involved with their jobs.

Get more information on how to find affordable workers' compensation coverage.

Among printing and copying businesses that buy workers’ compensation insurance with Insureon, 52% pay less than $100 per month and 21% pay between $100 and $200 per month.

Workers' comp costs depend on the number of employees and staff you have at your business. A larger workforce brings a higher risk of employee injuries, which is why bigger printing and copying companies tend to pay more for this type of insurance.

Small businesses, including printing companies, pay an average of $145 per month, or $1,740 annually, for cyber insurance. This policy is also called cyber liability insurance or cybersecurity insurance.

Cyber insurance helps businesses recover financially after a data breach or cyberattack. It can help pay for customer notification costs, fraud monitoring services, and other expenses necessitated by state data breach laws.

The cost of cyber insurance depends on the amount of sensitive information handled by your printing business, such as customers' phone numbers and credit card data, along with the number of employees who can access that information.

Printers and copiers pay an average of $169 per month, or $2,030 annually, for commercial auto insurance.

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

A commercial auto policy provides financial protection in the event of an accident involving your business vehicle. It can help pay for property damage, medical costs, and legal expenses.

The cost of commercial auto insurance depends on several factors, including the policy limits you choose, coverage options, the value of the vehicles, the driving records of anyone permitted to drive, and additional insured endorsements you select.

Learn more about how to find affordable commercial auto insurance coverage.

Depending on your level of risk, the cost for errors and omissions insurance (E&O) varies for printing and copying businesses. You might also see this coverage called professional liability insurance.

This policy offers critical coverage for any printing company. It helps pay for legal costs if you're accused of professional negligence, such as a mistake, oversight, or failure to meet a standard of care.

Small business owners can often combine this coverage in a business owner’s policy or general liability policy for savings. Many factors can affect the cost of E&O insurance, such as your line of work, your claims history, and the policy limits you choose.

It's possible to reduce your costs by selecting lower limits or a higher deductible. You can also manage your risks to avoid lawsuits and subsequent claims that would otherwise raise your premium.