How Much Does Insurance Cost for a Plumbing Business?
- Nate Jones, CPCU, ARM, CLCS, AU
- Jan 14
- 2 min read
One of the first questions plumbing contractors ask when shopping for coverage is: “How much will it cost?” Insurance protects your business from accidents, lawsuits, equipment loss, and employee injuries — but premiums vary widely depending on your size, location, services, and coverage levels.
Below is a breakdown of typical insurance costs for plumbing businesses, so you know what to expect as you compare quotes and secure the right protection.
Typical Plumbing Business Insurance Costs
Plumbing contractors typically buy several types of insurance. Here’s what you might pay, based on current industry averages:
This essential coverage protects you if you accidentally cause injury or property damage on the job.👉 Around $1,300–$4,000+ annually (about ~$115 monthly).
A BOP bundles general liability and commercial property at a discount — good for small plumbing companies.👉 Around $1,900–$2,000+ per year (~$166/month).
Required in most states if you have employees, this covers medical costs and lost wages if an employee is injured.👉 Around $2,000–$2,500+ annually (~$195/month).
Covers work vehicles — essential if you drive vans or trucks to job sites.👉 Around $2,000–$3,000+ per year (~$225/month).
Protects your tools if they’re stolen or damaged.👉 Around $200–$250 annually (~$19/month).
Also called errors & omissions (E&O), this covers claims of faulty workmanship.👉 Around $800–$900+ per year (~$74/month).
Optional extra protection that boosts liability limits.👉 Around $3,000+ annually (~$250/month).
💡 A comprehensive plumbing insurance package often runs $3,000–$8,000+ annually for a small business with a handful of employees, vehicles, and tools. Larger contractors with more exposure could pay more.
What Influences Your Insurance Cost?
Your premium will vary based on:
Business size and revenue
Number of employees (workers’ comp exposure)
Number and type of vehicles
Claims history and risk profile
Service types (residential vs. commercial)
Coverage limits and deductibles you choose
How to Get Accurate Quotes
Getting an exact cost requires comparing multiple carriers using your real business details. That’s where a trusted agency like Wexford Insurance can help — they compare quotes from top insurers, tailor coverage to your needs, and help you find competitive pricing.
👉 Get a personalized plumbing business insurance quote today with Wexford Insurance and see what your business should realistically pay.
