Painters Insurance

Finding the Best Painters Insurance

(Because sometimes a drop cloth isn’t enough)

painter painting a white wall

Typically, for small to mid-sized painting companies, standard forms of coverage are bundled into a business owners policy (BOP), but you will need additional standalone policies to fully protect everything you have against a number of unique risks. a half-can of burnt sienna through the window knocking down a big screen TV. Crazy, right?

This makes having the right coverage pretty important. Our independent agents can walk you through the ins and outs of painters insurance to make sure you have the protection you need.

What is Painters Insurance?

Boiled down, painters insurance includes many types of coverage that will protect your business from claims of bodily injury or property damage to clients or employees. It’s put in place to keep your business up and painting when bad stuff happens. 

What Does Painters Insurance Cover?

Typically, for small to mid-sized painting companies, standard forms of coverage are bundled into a business owners policy (BOP), but you will need additional standalone policies to fully protect everything you have against a number of unique risks.

A business owner’s policy will usually include the following:

  • General Liability Insurance: It covers your businesses legal responsibility for any bodily injury or property damage everyday operations may cause.
  • Property insurance: Covers damages to your building or equipment on your property.
  • Business Income Insurance: Covers up to a year of loss income due to any insured property loss.

Standalone policies to consider adding can include the following and more:

  • Professional liability: covers your mistakes that cause physical or emotional injury
  • Commercial Vehicle Insurance: Businesses are legally obligated to get insurance which covers your business’ vehicle, whether it be a type of car, van or truck, in case of unforeseen accidents. Minimal coverage requirements vary state by state.
  • Inland marine insuranceProtects property, equipment and tools moving in between jobsites and the business.
  • Workers' compensationCovers employee’s medical costs, lost wages, permanent disability or death benefits that result from a workplace injury or illness. This coverage is mandatory in almost all states.

Who Should Get Painters Insurance

Pretty much every painting company. There are too many risks involved in day-to-day operations and having the proper coverage can keep you from facing financial ruin. 

Commercial painters are not the only ones who should have coverage in place. Businesses that do work in addition to painting, like demo, construction and remodeling can still benefit from the policies mentioned above.

How Much Does Painters Insurance Cost?

The cost of painters insurance will depend on the amount of coverage and a number of other factors like size, location, number of vehicles and state regulations. Whether you paint interior or exterior can also affect the cost. 

For example: If you’re a small to medium business owner, general liability coverage can range anywhere from $400 to $1000 a year. Workers compensation for painters costs an average of $8.99 per $100 of employees’ wages, while commercial vehicle insurance can range anywhere from $800 to $2,000. 

The Benefits of an Independent Agent

Insurance policies can be complex, searching through options can be confusing, time consuming and frustrating. An independent agent's role is to simplify the process. They’ll make sure you get the right coverage and will break down all the jargon and so you understand exactly what you're getting.

Finding and Comparing Painters Insurance Quotes

Our awesome agents will review your needs and help you evaluate which type of painting insurance makes the most sense for your business. They'll also compare policies and quotes from multiple insurance companies to make sure you have the best protection in place.

TrustedChoice.com Article | Reviewed by Paul Martin

Now, who's ready to get their insurance problems solved?