As a plumber in Florida, having proper insurance coverage is crucial for protecting your business, meeting state requirements, and securing contracts. This comprehensive guide breaks down the essential insurance coverages Florida plumbers need, including costs based on our analysis of actual quotes from leading carriers.

Access comprehensive details about plumber liability protection for your business.

General Liability Insurance for Florida Plumbers

Based on our analysis of over 900 plumber quotes from leading carriers, here are the typical liability insurance costs for Florida plumbers:

Revenue SizeAverage Premium% of RevenueFavorable RatePotential Savings
$150K$9,7306.5%$6,23036.0%
$500K$28,4705.7%$24,83012.8%
$1M$62,9106.3%$57,5508.5%

These premiums assume:

  • Clean claims history (5+ years without incidents)
  • Standard $1M/$2M coverage limits
  • Mix of residential and commercial work
  • Approximately 10% subcontractor costs

Worker’s Compensation Insurance for Florida Plumbers

Worker’s compensation insurance is required for Florida plumbing contractors with employees. Based on our analysis:

  • Average cost per plumber employee: $11,030 annually
  • Cost per $100K of payroll: $4,700

Key factors affecting premiums:

  • Job classification (Code 5183 for plumbers)
  • Total annual payroll
  • Claims history and safety programs
  • Experience modifier rating (EMR)

Additional Business Insurance for Plumbers in Florida

1. Tools & Equipment Coverage

  • Annual premiums: $200-$2,000
  • Coverage limits: $5,000-$15,000+
  • Protects tools during transit and at job sites

2. Commercial Auto Insurance

  • Cost: $1,500-$3,050 per vehicle annually
  • Standard limits: $100K per person, $300K per accident
  • Higher limits recommended ($500K-$1M)

3. Plumber Bonds

  • Bond amounts: $5,000-$25,000
  • Premium: 1-3% of bond amount
  • Rates vary by credit score:
  • Excellent credit: $100-$500
  • Good credit: $150-$1,200
  • Poor credit: $200-$2,500

4. Commercial Property Insurance

  • Annual premiums: $1,000-$5,000
  • Coverage based on:
  • Property value
  • Location risks
  • Building construction type

5. Business Owner’s Policy (BOP)

  • Bundles general liability and property coverage
  • Often more cost-effective than separate policies
  • Additional coverage options available

Get Florida Plumber Liability with ContractorNerd

ContractorNerd makes plumber insurance simple, efficient, and data-driven through:

  • Instant online quotes from top-rated carriers
  • Side-by-side coverage comparisons
  • Plumbing industry expertise
  • Streamlined application process
  • Ongoing policy management
  • Claims advocacy when needed

Our team of plumbing insurance specialists helps you:

  • Optimize coverage levels based on specific risks
  • Find competitive rates through our carrier network
  • Bundle policies for additional savings
  • Ensure compliance with Florida regulations

Contact ContractorNerd today for tailored quotes and expert guidance on your plumbing insurance needs.