Flooring Installation Insurance Costs

How much is insurance for floor installers?

Are you a flooring contractor who owns your own flooring installation company? Then you understand the need to purchase business insurance to protect you, just in case.

Your insurance cost will depend. The below factors, along with the laws in your state, are what determine the types of business insurance you need to protect your flooring installation business. Once you have chosen your specific types of coverage, you might pay anywhere between $39 and $299 a month for flooring installation coverage.

  • Where do you live?
  • Where is your business located?
  • Do you run your business from home or a physical location?
  • How many employees do you have?
  • What is your payroll size?
  • How large is the area you serve?
  • What is the worth of your flooring installation tools and equipment?
  • Have you previously filed insurance claims?
  • How much insurance coverage do you need?

Want an accurate price personalized to your business? We compare insurance rates from more than 30 different top insurance providers to guarantee you receive the right coverage at the best price. (At no extra cost.) You can also feel free to take a deep dive into our small business insurance cost guide.

If you are looking for a new insurance policy because your business is growing, let us help you determine whether your current insurance policy is still providing you with a sufficient amount of business coverage. We can also let you know if you are indeed paying the absolute best rates. 

Why do I need flooring installation insurance?

As a self-employed flooring installer, you need flooring installation insurance in case something were to happen to you or your employees while on the clock. There are many risks that come with being a professional floor installer, including slipping, shoulder and back strain injuries, carpal tunnel syndrome, and being exposed to chemicals. 

Types of flooring insurance

The main types of insurance professional flooring installation need are general liability, business property, workers’ compensation, and commercial auto. 

Flooring contractor liability insurance

General liability covers any claims filed against your flooring installation business that involve third-party bodily injury, property damage, personal injury, and/or advertising injury.

Flooring installation liability insurance costs might start somewhere between $39 and $88 a month.

Business property insurance

Business property covers you when your business-related property happens to get damaged during an accident, certain weather events, as well as other types of hazards.

Property insurance for flooring installation might cost somewhere between $28 and $99 a month for starters.

Workers’ comp for flooring contractors

Workers’ comp helps cover medical expenses and lost wages when an employee is injured or gets sick while working on the job.

Workers’ comp costs for flooring installation might start somewhere between $211 and $263 a month.

Business auto insurance

Business auto covers commercial vehicles used during the course of working.

Business auto insurance costs for flooring installers might start somewhere between $110 to $153 a month.

What are additional insurance options for flooring Installation?

Have a large flooring installation business or want peace of mind knowing you are fully covered for any situation? See the additional flooring installation insurance options below.

Inland marine insurance

Inland marine aka tools and equipment insurance helps cover the repair or replacement of any lost, stolen, or damaged flooring installation tools and/or flooring installation equipment.

Flooring installers might pay somewhere between $18 and $65 a month for tools and equipment (inland marine) insurance coverage for starters.

Hired and non-owned insurance

A hired and non-owned flooring Installation insurance policy covers hired, rented, and borrowed vehicles you need to use to properly perform a flooring Installation job.

Flooring installers might pay somewhere between $7 and $12 a month for basic hired and non-owned insurance.

Online application

Got a few minutes? Simply fill out our online application so we can have the information we need to find you the best insurance rates for your flooring installation business. We only work side by side with the best national insurance providers, as this helps us guarantee that you will get the right coverage at the best price. At no extra cost compared to if you went directly to the insurance company.

Got questions? We are here for you.

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