As a plumber in Washington state, having proper insurance coverage is crucial for protecting your business, meeting state requirements, and securing contracts. This comprehensive guide breaks down essential insurance coverages Washington plumbers need, including costs based on our analysis of actual quotes from leading carriers.
Get your business affairs flowing smoothly with plumbing professional insurance coverage.
General Liability Insurance for Washington Plumbers
Based on analysis of over 900 quotes from leading carriers, here are typical costs for Washington plumbers:
| Revenue | Average Premium | % of Revenue | Favorable Rate | Potential Savings |
|---|---|---|---|---|
| $150K | $8,300 | 5.5% | $4,300 | 48% |
| $500K | $28,600 | 5.7% | $18,800 | 34% |
| $1M | $56,900 | 5.7% | $43,300 | 24% |
Premiums assume:
- Clean claims history (5+ years)
- $1M/$2M coverage limits
- 10% subcontractor costs
- Standard mix of residential/commercial work
Worker’s Compensation Insurance for Washington Plumbers
Washington requires workers’ compensation coverage for plumbing businesses with employees. Based on our analysis:
- Average cost per plumber: $6,710 annually
- Cost per $100K payroll: $2,300
- Primary classification code: 5183 (Plumbing)
Key factors affecting premiums:
- Job classification codes
- Total payroll
- Claims history
- Safety programs
- Experience modifier rating
Additional Business Insurance for Plumbers in Washington
1. Commercial Auto Insurance
- Annual cost: $1,500-$3,050 per vehicle
- Standard limits: $100K/$300K bodily injury, $100K property damage
- Higher limits recommended ($500K-$1M)
2. Tools & Equipment Coverage
- Cost: $200-$2,000 annually
- Coverage limits: $5,000-$15,000+
- Per-item limits typically $5,000
3. Plumber License Bonds
- Bond amounts: $6,000-$12,000
- Premium: 1-3% of bond amount
- Rates vary by credit score
4. Commercial Property Insurance
- Cost: $1,000-$5,000 annually
- Protects buildings, tools, equipment, inventory
- Coverage based on property value and location
5. Contractor’s E&O Insurance
- Cost: $50-$500 annually
- Limits: $10,000-$1M+
- Covers professional negligence claims
Get Washington Plumber Liability with ContractorNerd
ContractorNerd specializes in data-driven insurance solutions for Washington plumbers:
- Instant online quotes from top carriers
- Side-by-side coverage comparisons
- Plumbing-specific expertise
- Streamlined application process
- Policy management tools
- Claims advocacy support
Our insurance specialists help:
- Optimize coverage for your specific risks
- Find competitive rates
- Bundle policies for savings
- Ensure compliance with state regulations
Contact ContractorNerd today for tailored quotes for your plumbing business.