As a painter in Texas, having the right insurance coverage is essential for protecting your business, meeting client requirements, and securing contracts. This comprehensive guide breaks down the key insurance coverages Texas painters need, including costs based on our analysis of actual quotes from leading carriers.
Don’t let your business get patchy – study our guide to painter company insurance
General Liability Insurance for Texas Painters
Based on our analysis of over 800 quotes from leading carriers, here are the typical general liability insurance costs for Texas painters:
| Revenue Size | Average Premium | % of Revenue | Favorable Rate | Potential Savings |
|---|---|---|---|---|
| $150K | $1,880 | 1.3% | $1,170 | 38% |
| $500K | $5,230 | 1.0% | $2,690 | 49% |
| $1M | $10,430 | 1.0% | $5,100 | 51% |
These premiums assume:
- Clean claims history (5+ years without incidents)
- Standard $1M/$2M coverage limits
- Mix of residential and commercial painting work
- Approximately 10% subcontractor costs
Key coverages include:
- Property damage during painting operations
- Bodily injury to third parties
- Products and completed operations
- Paint overspray damage
- Cleanup and restoration costs
Worker’s Compensation Insurance for Texas Painters
While Texas does not mandate workers’ compensation insurance, many clients require it. Based on our data, Texas painters typically pay around $1,092 per employee annually for coverage.
Average workers’ compensation costs for Texas painters:
- Per $100,000 of payroll: $2,960
- Classification code 5474 (Painting)
- Experience modifier starts at 1.0
Key factors affecting premiums:
- Safety programs and training
- Claims history
- Years in business
- Number of employees
- Types of painting projects
Additional Business Insurance for Painters in Texas
1. Commercial Auto Insurance
- Cost: $1,500-$3,050 per vehicle annually
- Coverage for work vehicles and paint transport
- Higher limits available for larger operations
2. Tools & Equipment Coverage
- Annual premiums: $200-$2,000
- Protects painting equipment and supplies
- Coverage follows equipment to all jobsites
3. Commercial Property Insurance
- Protects workshops and storage facilities
- Coverage for paint inventory and supplies
- Premiums based on property value and location
4. Contractor’s E&O Insurance
- Coverage for faulty workmanship claims
- Annual premiums: $50-$500
- Policy limits: $10,000-$1M+
5. Paint Pollution Liability
- Coverage for paint-related contamination
- Annual premiums: $750-$2,000
- Required for certain commercial projects
Get Texas Painter Liability with ContractorNerd
ContractorNerd makes getting 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 management
- Claims advocacy when needed
Our team of painting insurance specialists can help you:
- Find competitive rates through our carrier network
- Bundle policies for additional savings
- Ensure compliance with client requirements
- Optimize coverage for your specific risks
Visit our online quote tool or speak with a painting insurance specialist today to protect your Texas painting business.