As a painter in Wisconsin, having proper insurance coverage is essential for protecting your business, meeting state requirements, and securing contracts. This comprehensive guide breaks down the essential insurance coverages Wisconsin painters need, including costs based on our analysis of actual quotes from leading carriers.
Get even coverage without drips by reading about painting company insurance requirements.
General Liability Insurance for Wisconsin Painters
Based on our analysis of insurance quotes from leading carriers, here are the typical general liability insurance costs for Wisconsin painting contractors:
| Revenue Level | Average Premium | % of Revenue | Favorable Rate | Potential Savings |
|---|---|---|---|---|
| $150K | $1,800 | 1.2% | $1,200 | 33% |
| $500K | $5,100 | 1.0% | $2,500 | 51% |
| $1M | $9,600 | 1.0% | $3,800 | 60% |
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
Worker’s Compensation Insurance for Wisconsin Painters
Wisconsin requires workers’ compensation insurance for painting contractors with employees. Based on our analysis, Wisconsin painters typically pay around $3,379 per employee annually for workers’ compensation coverage.
For Wisconsin painters, workers’ compensation costs per $100,000 of payroll average $7,660, which places it in the moderate-to-high range compared to other states.
Key factors affecting premiums:
- Employee classification codes (primarily code 5474 for painters)
- Annual payroll amounts
- Claims history and experience modifier
- Workplace safety programs
- Type of painting work performed
Additional Business Insurance for Painters in Wisconsin
Beyond general liability and workers’ compensation, Wisconsin painters should consider:
1. Commercial Auto Insurance
- Cost: $1,500-$3,050 per vehicle annually
- Required for business-owned vehicles
- Standard limits: $100K per person, $300K per accident, $100K property damage
2. Tools & Equipment Coverage (Inland Marine)
- Annual premiums: $200-$2,000
- Policy limits: $5,000-$15,000+
- Covers painting equipment during transport and at job sites
3. Contractors’ E&O Insurance
- Annual premiums: $50-$500
- Coverage limits: $10,000-$1M+
- Protects against claims of faulty workmanship
4. Commercial Property Insurance
- Premiums: $1,000-$5,000 annually
- Protects workshops, storage facilities, and paint inventory
- Coverage for fire, theft, vandalism, and weather damage
5. Business Owner’s Policy (BOP)
- Combines general liability and commercial property coverage
- Often more cost-effective than separate policies
- Includes business interruption coverage
Get Wisconsin Painter Liability with ContractorNerd
ContractorNerd makes painter insurance simple and data-driven for Wisconsin contractors. Our platform offers:
- Expert guidance from painting industry specialists
- Quick online quotes from top-rated carriers
- Side-by-side coverage comparisons
- Streamlined application process
- Ongoing policy management support
- Claims advocacy when needed
Our team of insurance specialists helps you:
- Find optimal coverage based on your specific painting operations
- Secure competitive rates through our carrier network
- Bundle policies for maximum savings
- Ensure compliance with state regulations
- Obtain proper coverage for both residential and commercial painting work
To get started with customized quotes for your Wisconsin painting business, visit our online quote tool or speak with one of our painting insurance specialists today.