Insurance Cost for a Radon Mitigation Contractor: What Impacts Your Rate?
- 7 days ago
- 2 min read
For radon mitigation contractors, insurance isn’t optional—it’s essential. But one of the first questions many contractors ask is: “How much will insurance cost?” Insurance cost for radon mitigation contractors varies based on coverage, business size, and location, but having a clear expectation can help you plan and budget effectively.
Typical Insurance Cost Ranges
Here’s a breakdown of what radon mitigation contractors can generally expect to pay annually:
General Liability Insurance: $500–$2,000 per year for small contractors, depending on coverage limits.
Professional Liability (Errors & Omissions): $800–$2,500 annually, depending on claim risk and job volume.
Environmental/Pollution Liability: $1,200–$3,500, reflecting the risk of handling radon and air quality systems.
Workers’ Compensation: Varies widely by state and payroll, often $2,000–$5,000 for small crews.
Commercial Auto Insurance: $1,000–$3,000 per vehicle per year.
Tools & Equipment Coverage: $300–$1,500, depending on value of specialized radon equipment.
These ranges are averages—actual insurance cost can be higher or lower depending on your business size, job locations, and coverage limits.
Read more about EPA radon guidelines to see why specialized coverage is critical.
What Influences Your Insurance Cost
Several factors can impact your final premium:
Business Size & Operations: More employees or multiple crews increase cost.
Claims History: Past claims can raise premiums.
Location & State Requirements: States with stricter radon regulations may increase insurance cost.
Equipment & Vehicles: High-value tools and vehicles increase coverage needs.
How to Manage Your Insurance Cost
To keep insurance cost reasonable without sacrificing protection:
Bundle multiple policies for discounts.
Compare quotes from insurers who understand radon mitigation.
Choose appropriate policy limits and deductibles.
Wexford Insurance specializes in radon mitigation contractor coverage and can provide a customized quote reflecting your business’s unique risks. By working with a specialist, you ensure full protection while managing your insurance cost effectively. 👉 Request a free radon mitigation insurance quote from Wexford Insurance today.
