As a plumber in Ohio, having proper insurance coverage is crucial for protecting your business, meeting state requirements, and securing contracts. This comprehensive guide breaks down essential insurance coverages Ohio plumbers need, including costs based on our analysis of actual quotes from leading carriers.
Understand what plumbing business insurance coverage can offer.
General Liability Insurance for Ohio Plumbers
General liability insurance protects your plumbing business 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 Ohio plumbers:
Average Annual Premiums by Revenue Size
| Revenue Size | Average Premium | % of Revenue | Favorable Rate | Potential Savings |
|---|---|---|---|---|
| $150K | $5,680 | 3.8% | $3,000 | 47.2% |
| $500K | $14,710 | 2.9% | $9,270 | 37.0% |
| $1M | $26,780 | 2.7% | $19,770 | 26.2% |
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 Ohio Plumbers
Worker’s compensation insurance is mandatory for Ohio plumbers with employees. Based on our analysis, Ohio plumbers typically pay:
- Per Employee: $6,090 annually
- Per $100K Payroll: $2,500 annually
Key premium factors include:
- Employee classification codes (primarily code 5183 for plumbers)
- Annual payroll
- Claims history
- Safety programs
- Experience modifier rating (EMR)
Additional Business Insurance for Plumbers in Ohio
1. Commercial Auto Insurance
- Typical cost: $1,500-$3,050 per vehicle annually
- Required for business-owned vehicles
- Standard limits: $100K per person, $300K per accident
2. Tools & Equipment Coverage
- Annual premiums: $200-$2,000
- Policy limits: $5,000-$15,000+
- Covers both owned and rented equipment
3. Plumber Bonds
- Cost: 1-3% of bond amount
- Required for licensing in many jurisdictions
- Premium varies based on credit history
4. Commercial Property Insurance
- Protects offices, workshops, and storage facilities
- Annual premiums: $1,000-$5,000
- Coverage for fire, theft, vandalism
5. Contractor’s E&O Insurance
- Cost: $50-$500 annually
- Covers professional negligence claims
- Policy limits: $10,000-$1M+
Get Ohio Plumber Liability with ContractorNerd
ContractorNerd specializes in making insurance simple and data-driven for Ohio plumbers. Our platform offers:
- Expert guidance from plumbing insurance specialists
- Instant quotes from top-rated carriers
- Side-by-side coverage comparisons
- Streamlined application process
- Ongoing policy management support
- Claims advocacy when needed
Our team understands Ohio’s unique requirements and can help you:
- Optimize coverage 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 Ohio plumbing business, visit our online quote tool or speak with one of our plumber insurance specialists today.