As a painting contractor in Maryland, having proper insurance coverage is essential for protecting your business, meeting state requirements, and securing contracts. Our comprehensive guide breaks down the key insurance coverages Maryland painters need, with costs based on our analysis of actual quotes from leading carriers.
Paint yourself into a better position by studying our overview of painting business insurance coverage.
General Liability Insurance for Maryland Painters
Based on our analysis of over 800 quotes from leading carriers, here are the typical liability insurance costs for Maryland painters:
| Revenue Size | Average Premium | % of Revenue | Favorable Rate | Potential Savings |
|---|---|---|---|---|
| $150K | $1,300 | 0.9% | $800 | 38% |
| $500K | $2,900 | 0.6% | $1,700 | 41% |
| $1M | $5,700 | 0.6% | $2,500 | 56% |
These premiums assume:
- Clean claims history (5+ years without incidents)
- Standard $1M/$2M coverage limits
- Typical mix of residential and commercial painting
- Approximately 10% subcontractor costs
Key coverage includes:
- Property damage during painting operations
- Bodily injury to third parties
- Products and completed operations
- Paint overspray claims
Worker’s Compensation Insurance for Maryland Painters
Maryland requires workers’ compensation insurance for painting businesses with employees. Based on our data, Maryland painters can expect to pay:
| Metric | Cost |
|---|---|
| Average Cost Per Employee | $1,844 |
| Cost Per $100K Payroll | $4,160 |
Key factors affecting premiums:
- Painter classification codes (mainly code 5474)
- Total annual payroll
- Claims history and experience modifier
- Safety programs and training
Additional Business Insurance for Painters in Maryland
1. Commercial Auto Insurance
- Annual cost: $1,500-$3,050 per vehicle
- Coverage for work vehicles and paint transport
- Standard limits: $100K per person/$300K per accident
2. Tools & Equipment Coverage
- Annual premiums: $200-$2,000
- Protects painting equipment and supplies
- Coverage limits: $5,000-$15,000+
3. Contractor’s E&O Insurance
- Annual cost: $50-$500
- Covers faulty workmanship claims
- Limits: $10,000-$1M+
4. Commercial Property Insurance
- Protects workshops and storage facilities
- Annual premiums: $1,000-$5,000
- Coverage based on property value
5. Paint Pollution Liability
- Annual cost: $750-$2,000
- Covers paint-related environmental claims
- Important for lead paint work
Get Maryland Painter Liability with ContractorNerd
ContractorNerd makes painter insurance simple and data-driven. Our platform offers:
- Instant online quotes from top carriers
- Side-by-side coverage comparisons
- Painter-specific expertise
- Streamlined application process
- Ongoing policy support
- Claims advocacy
Our painting insurance specialists help you:
- Find competitive rates
- Bundle policies for savings
- Meet Maryland requirements
- Optimize coverage levels
- Manage certificates
Contact ContractorNerd today for tailored quotes for your Maryland painting business.