As a plumber in North Dakota, having proper insurance coverage is essential for protecting your business, meeting state requirements, and securing contracts. This comprehensive guide breaks down the insurance coverages North Dakota plumbers need, with costs based on our analysis of actual quotes from leading carriers. Whether you’re a solo plumber or managing a larger plumbing company, understanding your insurance options helps ensure adequate protection for your business.
Learn more about complete plumber liability protection solutions.
General Liability Insurance for North Dakota Plumbers
General liability insurance protects plumbing businesses from third-party claims of property damage and bodily injury. Based on our analysis of over 900 plumber quotes, here are the typical costs for North Dakota plumbers:
| Revenue | Average Premium | % of Revenue | Favorable Rate | Potential Savings |
|---|---|---|---|---|
| $150K | $6,700 | 4.5% | $4,000 | 40% |
| $500K | $20,100 | 4.0% | $12,700 | 37% |
| $1M | $37,900 | 3.8% | $21,100 | 44% |
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 North Dakota Plumbers
Worker’s compensation insurance is mandatory for North Dakota plumbing contractors with employees. Based on our analysis:
- Average cost per plumbing employee: $3,650 annually
- Rate per $100K of payroll: $1,500
Key factors affecting premiums:
- Employee classification codes (primarily code 5183 for plumbers)
- Annual payroll
- Claims history
- Safety programs
- Experience modifier rating (EMR)
Additional Business Insurance for Plumbers in North Dakota
1. Commercial Auto Insurance
- Annual premiums: $1,500-$3,050 per vehicle
- Standard limits: $100K per person, $300K per accident
- Higher limits ($500K-$1M) recommended
2. Tools & Equipment Coverage (Inland Marine)
- Annual premiums: $200-$2,000
- Policy limits: $5,000-$15,000+
- Per-item limits typically $5,000
3. Contractor’s E&O Insurance
- Annual premiums: $50-$500
- Policy limits: $10,000-$1M+
- Covers professional negligence claims
4. Plumber Bonds
- Bond amounts: $5,000-$25,000
- Premium: 1-3% of bond amount
- Rates vary by credit score
5. Commercial Property Insurance
- Annual premiums: $1,000-$5,000
- Covers buildings and contents
- Based on property value and location
Get North Dakota Plumber Liability with ContractorNerd
ContractorNerd makes plumbers liability and business insurance simple, efficient, and data-driven. Our platform offers:
- Instant online quotes from top-rated carriers
- Side-by-side coverage comparisons
- Plumbing industry expertise
- Streamlined application process
- Ongoing policy management support
- Claims advocacy when needed
Our team of plumbing insurance specialists understands North Dakota’s unique requirements and can help you:
- Optimize coverage levels based on your specific risks
- Find competitive rates through our carrier network
- Bundle policies for additional savings
- Ensure compliance with state regulations
To get started with tailored quotes for your North Dakota plumbing business, visit our online quote tool or speak with one of our plumbing insurance specialists today.