As a professional painting contractor or company in Oklahoma, having adequate insurance coverage in place is an indispensable part of operating a protected, resilient business. Without proper insurance safeguards, the financial and legal risks facing painting firms could potentially prove catastrophic.

This comprehensive guide examines the core insurance policies that essentially all Oklahoma painting contractors need to carry, provides illustrative premium costs and pricing ranges based on common business profiles, and delves into the key factors that influence insurance costs for painters across the state.

With insights into typical coverage limits and premium benchmarks, painting company owners can better evaluate their current insurance portfolio, or work with a specialist broker to cost-effectively build tailored protection that fully meets the unique needs and exposures of their painting enterprise.

Painters working in Oklahoma need to have the proper painter insurance policies in place. This typically includes liability coverage for painters to safeguard against third-party claims and workers’ comp insurance for painting businesses to cover employee injuries sustained while on the job.

Key Factors Influencing Insurance Costs for Painters in Oklahoma

As a painting contractor in Oklahoma, your annual insurance premiums can fluctuate substantially based on these important factors:

Years in Business – Both general liability and workers’ compensation premiums are heavily influenced by a painting company’s time in business. Brand new startups with no prior operating history are regarded as substantially higher risk by insurers, and face notably elevated premiums across all policies. However, after a painting contractor demonstrates 5+ years of continuous operations without major claims, their premiums often decrease at subsequent renewals thanks to the favorable loss history.

Claims History – The number and severity of past insurance claims have a major impact on pricing. Too many past claims can raise red flags for insurers, signaling potential ongoing issues in risk management practices, workplace safety protocols, equipment maintenance, employee training, or other key areas. More claims drive premiums upward. Maintaining a clean claims history helps keep insurance affordability in check.

Credit Score – For many small business policies, an owner’s personal credit score directly influences pricing models. Painting contractors with better personal credit typically pay moderately lower premiums, while poor credit drives costs upward. This reflects insurers’ assessments of overall business responsibility.

Services Offered – The type of painting services a contractor offers affects risk levels and pricing. Firms focusing on specialized industrial painting, complex commercial projects, hazardous materials work, or other high-risk painting warrant notably higher premiums than basic interior residential repainting companies. The harsh environments raise probability of accidents and claims.

Safety Protocols – Contractors prioritizing safety and documenting procedures like regular staff training seminars, equipment inspection and maintenance logs, hazardous chemical handling plans, job site supervision policies, and incident investigation protocols demonstrate their commitment to enterprise risk management. This helps secure lower premiums from insurers who gain confidence in reduced potential claims. Lacking formal protocols raises costs.

Policy Liability Limits – Opting for higher liability limits or property coverage amounts to meet larger contract requirements increases insurance costs proportionally. But such decisions are strategic since larger painting jobs and clients often necessitate them. Astute contractors build the higher expenses into their project rates charged to clients in order to offset the added premiums.

Association Memberships – Joining respected painting and contracting trade associations like PDCA often makes contractors eligible for discounted group insurance programs. Taking advantage of such opportunities is an easy way to secure favorable coverage rates.

Location – Geographic location within Oklahoma influences pricing as well. Painting contractors operating in predominantly urban metro areas like Oklahoma City and Tulsa may pay moderately higher premiums than rural painters based on slightly elevated localized risk levels. Statewide pricing also impacts costs.

Annual Revenues – A painting company’s total annual revenues directly impact the costs of several policies like general liability insurance and workers’ compensation. More annual revenue indicates larger operations, more employees, and greater overall business risk exposures. Higher probabilities of claims lead to increased premiums.

Number of Employees – The total employee count, especially full-time W2 staff, is a primary rating factor for workers’ compensation insurance pricing. More employees lead to a greater chance of injuries or illnesses triggering claims, driving up premiums. A solo owner-operator painter has lower comp costs than a 20-person corporation.

Now that we’ve examined the major variables that affect painter insurance costs in Oklahoma, let’s look at some typical pricing ranges based on sample small, medium and large business profiles.

Overview of Cost Illustration for Small, Medium, and Large Painting Businesses in Oklahoma

To demonstrate typical insurance premium ranges, we have profiled three illustration painting contractors: small, medium and large operations. All focus exclusively on routine interior residential re-painting services, have 5+ years in business without substantial claims, and meet common underwriting guidelines.

These pricing overviews do not represent absolute costs for all painting firms, but provide approximate benchmarks that businesses can reference to gauge if their current premiums are in line based on their unique risks and coverage structures. Actual pricing depends on many factors. An expert broker partners with top insurers to build tailored, competitively priced protection.

Small Painting Business Insurance Costs

$150K Annual Revenue House Painter

  • Solo Owner-Operator
  • 1 Additional Full-Time Employee

General Liability Insurance

  • Typical Premium: $1,800
  • Typical Limits: $1 Million Occurrence/$2 Million Aggregate
  • Low End Premium: $1,100
  • High End Premium: $5,800

Workers’ Compensation

  • Typical Premium: $2,400
  • Statutory Limits
  • Low End Premium: $1,900
  • High End Premium: $4,100

Surety Bonds

  • Not required for house painters in Oklahoma

Medium Painting Business Insurance Costs

$500K Annual Revenue Residential Painting Contractor

  • Incorporated Business
  • Owner + 3 Full-Time Employees

General Liability Insurance

  • Typical Premium: $4,500
  • Typical Limits: $1 Million Occurrence/$2 Million Aggregate
  • Low End Premium: $1,900
  • High End Premium: $6,500

Workers’ Compensation

  • Typical Premium: $7,100
  • Statutory Limits
  • Low End Premium: $5,300
  • High End Premium: $11,700

Surety Bonds

  • Not required for residential painters in Oklahoma

Large Painting Business Insurance Costs

$1 Million Annual Revenue Commercial Painting Contractor

  • Incorporated Business
  • Owner + 5 Full-Time Employees

General Liability Insurance

  • Typical Premium: $7,900
  • Typical Limits: $1 Million Occurrence/$2 Million Aggregate
  • Low End Premium: $2,800
  • High End Premium: $10,900

Workers’ Compensation

  • Typical Premium: $11,800
  • Statutory Limits
  • Low End Premium: $8,300
  • High End Premium: $18,300

Surety Bonds

  • Not required for commercial painters in Oklahoma

Overview of Additional Common Insurance Coverages for Painting Businesses

Beyond the core general liability and workers’ compensation policies, painting contractors also need to strongly consider these supplemental insurance coverages:

Commercial Auto Insurance

Protects company vehicles used for transporting crews, tools, and equipment to job sites. Typical annual premiums range from approximately $1,500 to $3,000 per vehicle. Limits like $500k/$1M are recommended.

Inland Marine Insurance

Covers expensive contractor equipment like sprayers, scaffolding, and ladders against theft and damage when on client sites or in transit. Typical annual premiums range from about $250 for basic contractors tools up to $2,500 or more for larger equipment schedules. $25k is a common coverage limit.

Commercial Property Insurance

Shields contractor-owned buildings like offices, warehouses, and workshops against damage from fires, natural disasters, vandalism, and other causes. Typical annual premiums range from approximately $500 up to $5,000 or more depending on property values and locations.

Employment Practices Liability

Protects against claims like wrongful termination, discrimination, harassment allegations, and other employment disputes. Typical annual premiums range from roughly $2,000 to $5,000 or more based on company employee count and other risk factors. $500k limits are common.

Cyber Liability Insurance

Safeguards against cyber incidents like data breaches, digital theft, and hacking that could expose sensitive company or client information. For small painting contractors, typical annual premiums range from about $500 to $1,500 for $500k limits.

Commercial Umbrella Liability

Provides additional liability coverage above general liability and auto insurance limits if their primary limits are exhausted in a major claim. Adding $1 million of extra umbrella protection commonly costs $500 to $1,500 annually.

Getting Multiple Quotes and Securing the Right Insurance for Your Painting Business

While we have outlined typical benchmark insurance costs for illustrative painting contractors in Oklahoma, your company’s ultimate premiums are dependent on your unique risks and coverage specifications. No two painting businesses are exactly alike.

Working with an independent, knowledgeable painting insurance broker who has in-depth expertise across all commercial policies is critical for a few key reasons:

  • They have access to quote multiple top-rated insurers to compare pricing based on your company’s risk characteristics and find the optimal value. Never rely on just one carrier’s quote.

  • They simplify the complex process of assessing your business’ total risk exposures, and then building a tailored, bundled insurance program across multiple policies at the best available rates.

  • An experienced broker explains your options clearly and becomes your trusted advisor for risk management guidance to strengthen your safety and prevent claims.

  • They act as your ongoing advocate for prompt claims handling and problem resolution with insurers when issues eventually emerge.

Avoid needlessly overpaying or having coverage gaps by partnering with a specialist painting insurance broker who provides elite value, service and support. Insurance should aid your growth, not hinder it.


The costs of essential policies like general liability and workers’ compensation insurance for Oklahoma painting contractors and companies can range substantially based on factors like years in business, claims history, services offered, safety protocols, revenues, number of employees, and policy limits.

Use this guide as a helpful reference point to gauge if your current insurance portfolio’s costs are reasonably aligned for your exposure levels, or if changes may be needed. Working closely with a reputable painting insurance broker ensures you get multiple quotes and ultimately tailored coverage across all necessary policies at fair pricing, thus protecting your firm’s finances and future. Keep your company shielded and your brushes brushing with insurance optimized for your painting business.