As a plumber in Wyoming, 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 Wyoming plumbers need, including costs based on our analysis of actual quotes from leading carriers.

Don’t let your business spring a leak – secure comprehensive plumber insurance.

General Liability Insurance for Wyoming Plumbers

Based on analysis of over 900 plumber quotes from leading carriers, here are typical general liability costs for Wyoming plumbers:

RevenueAverage Premium% of RevenueFavorable RatePotential Savings
$150K$6,2004.1%$3,50044%
$500K$16,8003.4%$14,00017%
$1M$34,3003.4%$27,50020%

Premiums assume:

  • Clean claims history (5+ years)
  • Standard $1M/$2M limits
  • 10% subcontractor costs

Worker’s Compensation Insurance for Wyoming Plumbers

Wyoming requires workers’ compensation for plumbing companies with employees. Based on our analysis:

MetricCost
Premium per Employee$7,490
Premium per $100K Payroll$3,000

Key factors affecting premiums:

  • Employee classification (Code 5183 for plumbers)
  • Total payroll
  • Claims history
  • Safety programs

Additional Business Insurance for Plumbers in Wyoming

1. Commercial Auto Insurance

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

2. Tools & Equipment Coverage

  • $200-$2,000 annually
  • $5,000-$15,000+ policy limits
  • $5,000 typical per-item limit

3. Plumber Bonds

  • Bond amounts: $5,000-$25,000
  • Premium: 1-3% of bond amount
  • Rates vary by credit score

4. Commercial Property Insurance

  • $1,000-$5,000 annually
  • Protects buildings, tools, equipment
  • Coverage based on property value

5. Contractor’s E&O Insurance

  • $50-$500 annually
  • $10,000-$1M+ policy limits
  • Covers professional negligence claims

Get Wyoming Plumber Liability with ContractorNerd

ContractorNerd specializes in plumber insurance solutions:

  • Instant online quotes from top carriers
  • Coverage comparisons
  • Plumbing-specific expertise
  • Streamlined applications
  • Ongoing policy management
  • Claims advocacy

Our insurance experts help:

  • Optimize coverage levels
  • Find competitive rates
  • Bundle policies for savings
  • Ensure state compliance

Contact us for tailored quotes for your Wyoming plumbing business.