How Much Is Insurance Cost for an Insulation Installation Contractor?
- Nate Jones, CPCU, ARM, CLCS, AU
- 7 days ago
- 2 min read
Running an insulation installation business involves risks like property damage, workplace injuries, and equipment loss. That’s why understanding insurance costs for insulation contractors is essential. In this guide, we’ll break down what influences insurance premiums, typical costs, and how to get a quote from trusted providers like Wexford Insurance.
Factors That Affect Insurance Costs for Insulation Contractors
The cost of insurance varies based on multiple factors:
Business size and revenue – Larger companies with higher revenue often face higher premiums.
Number of employees – More employees can increase workers’ compensation costs.
Types of insulation services offered – Spray foam, fiberglass, or loose-fill insulation have different risk profiles.
Coverage limits and deductibles – Higher coverage limits or lower deductibles increase the premium.
Location – Regional regulations and the likelihood of claims in your area can affect costs.
Safety measures – Companies with strong safety programs may qualify for discounts.
Typical Insurance Costs for Insulation Contractors
While costs vary, insulation contractors can expect the following average ranges per year:
General Liability Insurance: $500–$2,000
Workers’ Compensation: $2,000–$5,000 (depending on number of employees)
Commercial Auto Insurance: $1,000–$2,500 per vehicle
Tools & Equipment Coverage: $300–$1,500
These estimates are a starting point; your specific premiums will depend on your business details. For a precise quote, reach out to Wexford Insurance to see tailored options for your company.
How to Save on Insurance Costs
Bundle policies – Combining general liability, workers’ compensation, and commercial auto coverage can reduce premiums.
Implement safety programs – Proper training and safety procedures can qualify for discounts.
Review coverage annually – Ensure you aren’t overpaying for unnecessary coverage.
Work with an experienced broker – Providers like Wexford Insurance can help identify cost-saving options while keeping your business fully protected.
Why Wexford Insurance Is a Good Choice
Wexford Insurance specializes in contractor coverage, including insulation companies. They provide:
Quick, personalized quotes
Guidance on the right coverage types
Flexible policies tailored to your business size and risk profile
