Paint Store Insurance: Cost & Quotes From $11/mo

Your business helps painting contractors and related professionals keep up with the demands of clients for quality painting services. It might also sell other products for building projects such as siding and wallpaper. 

See to it that your startup paint store can keep up with different challenges in commerce by purchasing insurance. Insurance can help if a face painter shifts the blame to you when clients sustain rashes due to a poorly made glycerin paint. You can also leverage insurance to cover the repair of your commercial vehicle’s parts. 

You get the best protection through paint store insurance. Read this guide that will talk about what policies are included, the cost of premiums, and the best companies.

Why Do You Need Paint Store Insurance?

Operating your business exposes you to risks that can lead to costly lawsuits and claims. Paint shop insurance not only protects you from financial losses, but it also opens opportunities for your business to grow in several ways:

Compliance With the Law

Most states require businesses to have insurance. Although the insurance requirements vary by state or municipality, you’ll likely be required to have general liability and workers’ compensation insurance.

Demonstrate Professionalism

Finding your first clients for your new business can be challenging. At this point, anything you do to earn their trust and confidence can help. Having business insurance demonstrates that you’re serious about your business. It also builds customers’ confidence in your skills and profession. A paint shop owner with insurance highly regards their business reputation, and insurance coverage shows you’re ready to safeguard it even if that means incurring monthly premiums. 

Secure More Sales

You shouldn’t consider your paint store insurance an expense; it can be a huge investment. Once your target clients know you’re insured, they’ll be motivated to choose your store over another. In addition, industrial and government clients often require paint suppliers to show proof of insurance. That said, paint store insurance may just be the missing tool you need to expand your business and take on larger clients. 

General Liability Insurance for Paint Stores 

CoverWallet  NEXT (Best) Thimble  Hiscox
Per occurrence limit  $1,000,000 $1,000,000 $1,000,000/$2,000,000 $300,000/$1,000,000
Aggregate limit  $2,000,000 $1,000,000/$2,000,000 $1,000,000/$2,000,000 $300,000/$2,000,000
Products and completed operations aggregate limit  $2,000,000 $1,000,000 $1,000,000 $1,000,000
Advertising injury coverage aggregate limit  $1,000,000 $1,000,000 $1,000,000 $1,000,000
Tenant’s legal liability coverage limit  $100,000 $100,000 $5,000 $100,000
Waiver of subrogation included? Yes No Included Can be included
Hired/non-owned auto liability coverage included? Yes No Excluded Can be included
Equipment breakdown floater included? No  Yes Yes Can be included

General liability insurance is always included in paint store insurance packages. With this insurance, you can cover your business against a variety of claims, including:

  • Bodily injury–If a customer comes to your store and suffers an injury because of a slip and fall accident, your general liability coverage caters to their medical expenses

  • Property damage–Your paint shop may be legally liable for any property damage a customer suffers while on your commercial property. General liability insurance can help you cover refunds or reimbursements in this case

  • Advertising injury–This can occur if you infringe an intellectual property or misused the trademark of another business. You can also use general liability insurance to cover legal defense and other related costs to sort this type of claim out 

  • Reputational harm–General liability insurance will cover your legal defense if a third party files a claim for slander or libel

Professional Liability Insurance for Paint Stores

CoverWallet (Best) NEXT  Thimble  Hiscox
Per occurrence limit  $1,000,000 $1,000,000 $1,000,000/$2,000,000 $1,000,000
Aggregate limit  $2,000,000 $2,000,000 $1,000,000/$2,000,000 $1,000,000
Name additional insureds? Yes Yes Yes Yes
Waiver of subrogation included? Yes No Yes Can be included
Deductible  $500 $500 $500 $50/$10,000

This insurance policy is also known as errors & omissions (E&O) coverage. It protects your business from claims for negligence, inaccurate advice, misrepresentation, breach of contract, and violation of good faith. Use the table above to see which insurance company offers the best professional liability insurance for paint stores. 

Product Liability Insurance for Paint Stores

Product liability insurance will help if a customer files a claim and accuses your paint store of selling paint and other related products with incorrect labeling, poor packaging, improper instructions, or harmful formulation. 

This insurance grants the money you can use to cover the expenses for medical treatment, reimbursement for property damage, and product recall. In most cases, product liability insurance is already included in your paint store’s general liability insurance. 

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Commercial Property Insurance for Paint Stores

CoverWallet NEXT (Best) Thimble Hiscox
Building coverage limit (minimum) $50,000 $400,000 $25,000/$500,000 $25,000
Contents coverage limit (minimum) $50,000 $35,000 $25,000/$500,000 $15,000
Outdoor signs Excluded $2,500 Excluded Included
Accounts receivable  Excluded Excluded $5,000/$10,000 Included
Money and securities Excluded $2,500 $1,000 Included
Lock and keys  Excluded $2,500 Excluded Included
Business interruption floater Excluded Included Included Included
Equipment breakdown floater Excluded Included Excluded Included
Inland marine insurance floater Excluded Excluded $10,000 Excluded
Employee dishonesty floater Excluded $5,000 $2,500 Excluded

Paint is a highly combustible substance. That’s why your business is highly prone to devastating fires. One way to make sure that your business can survive and recover is by purchasing commercial property insurance. Use the table above to see which insurance company offers the best commercial property insurance. 

What Can Commercial Property Insurance Do for Your Paint Store?

Commercial property insurance will reimburse your losses in case your paint business’s brick-and-mortar store, paint products to be sold, computers, and costly equipment gets damaged or lost due to fire, theft, vandalism, riot, civil commotion, volcanic action, sinkhole collapse, lightning, falling objects, and other covered perils. 

Some Employees Are Moving Stocks From the Warehouse to My Paint Store. These Got Damaged During the Trip. Can Commercial Property Insurance Help?

No. Commercial property insurance will only cover the damage or destruction of inventory that occurred within the premises of your business. Nonetheless, you can cover stocks and other business property in transit by purchasing inland marine insurance.

Business Owner’s Policy for Paint Stores 

CoverWallet NEXT (Best) Thimble  Hiscox
General liability aggregate limit  $2,000,000 $1,000,000/$2,000,000 $1,000,000/$2,000,000 $300,000/$2,000,000
Commercial property coverage limit  $50,000 $400,000 $25,000/$500,000 $25,000
Optional policies can be added? Yes Yes Yes Yes
Name additional insureds for free? Yes Yes Yes Yes
BOP discount? Yes Yes Yes Yes

Your paint store can fuse general liability and commercial property insurance into a business owner’s policy. By doing so, you enjoy a 5%-10% discount on premiums. Another advantage is that add-ons will become available, such as cyber liability coverage, hired/non-owned auto liability coverage, and others. Use the table above to see which insurance company offers the best business owner’s policy for paint stores. 

Workers’ Compensation Insurance for Paint Stores

Consider purchasing workers’ compensation insurance. Workers’ compensation insurance is coverage for your part-time and full-time employees. Authorities will mandate you purchase this coverage as soon as one or more people are hired. 

Work-related accidents can occur in your paint store. An employee can slip or fall, get exposed to a harmful chemical, get hit by something, or fall from a height. The job of workers’ compensation insurance is to cover the following costs when such things happen:

  • Emergency care

  • Hospitalization

  • Medication

  • Rehabilitation and retraining

  • Lost wages

  • Death benefits 

Other Types of Business Insurance Policies for Paint Store Owners

One paint store is different from another. And so, the policies we featured above might not be what you only need. Here are other business insurance solutions that you might find useful:

  • Commercial auto insurance–Your business vehicle liability insurance covers third-party injuries and property damage if an employee drives your work vehicle and gets involved in an accident. Remember, your personal auto insurance won’t cover the commercial use of a car, so you need a separate policy to protect your business van or truck

  • Cyber liability insurance–Data breaches and cyberattacks can expose your company’s and customers’ sensitive information (driver’s license numbers, credit card numbers, and social security numbers). If this happen, you can leverage cyber liability insurance to cover data breach containment, credit/fraud monitoring, legal defense, and data recovery

  • Umbrella liability insurance–This type of coverage is designed to offer extra protection beyond the coverage limits of your other insurance policies. For instance, if a claim exceeds your general liability limits, your commercial umbrella insurance can cover the shortfall

  • Employee dishonesty insurance-Employee dishonesty insurance will cover financial losses after an employee or a group of employees commit theft, social engineering, fraud, embezzlement, and other dishonest acts against you 

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Paint Store Insurance Cost

Cost per Month Cost per Year Deductible
General liability insurance $50 $600 $0-$500
Professional liability insurance $70 $840 $500-$1,000
Umbrella liability insurance $55 $660 $1,000
Commercial property insurance $130 $1,560 $1,000-$2,000
Business owner’s policy $180 $2,160 $1,500
Employee dishonesty insurance $60 $720 $1,000
Commercial auto insurance $90 $1,080 $500-$1,000
Workers compensation insurance $100 $1,200 $1,000-$2,500
Cyber liability insurance $115 $1,380 $1,000

The average paint store insurance cost is $50 per month or $600 per year for a $1 million general liability policy. Premiums vary depending on a variety of factors:

  • The level of risk in your industry

  • Your business location

  • Your paint store’s size

  • Claims history

  • Coverage and deductibles

  • Number of employees

Here’s another table that shows the rate of a $1 million general liability insurance from the best companies:

Cost per Month Cost per Year Best for
NEXT $36 $432 Best overall; Fastest general liability insurance for paint stores
CoverWallet $39 $468 Paint store insurance online quotes comparison
Tivly $41 $492 Comparing paint store insurance quotes over the phone
Thimble $44 $528 On-demand coverage for paint stores
Hiscox $46 $552 Paint store insurance with automatic renewal
State Farm $50 $600 Overall customer satisfaction

It’s critical to compare paint store insurance quotes from various providers to find the best insurance policy for your needs at an affordable rate. Start by clicking the “Get Quotes” button on this page.

Compare Cheap Paint Store Insurance Quotes Online

Get all the best quotes from leading providers in a click of a button!

Best Paint Shop Insurance Companies

The paint industry has unique risks, and you shouldn’t settle for any other provider when shopping for paint shop or painter insurance. 

What you need is a company that deeply understands the potential risks your business faces. Here are the best paint shop insurance companies. Read some of the reviews below to know their pros, cons, and rate for a $1 million general liability policy. 

NEXT Paint Store Insurance


  • Best overall

  • Issues an online proof of insurance instantly

  • Fastest general liability insurance for paint stores

  • Great customer service and reputation

  • Excellent rates

  • Outstanding value for money

  • Get a 10% discount if you buy two or more policies 


  • Couldn’t find any 

With NEXT, you can get online quotes, purchase policies, handle claims entirely online and even get a response within 48 hours. The company may be a relative newcomer in the insurance market, but it boasts a high AM Best rating for financial stability. So, customers can rest assured that the company will settle their claims. Here’s a glimpse of this company’s paint store insurance package:

  • $1 million-$2 million product liability insurance

  • $1 million-$2 million general liability insurance

  • $400,000 commercial property insurance

  • Workers compensation insurance

  • Business owner’s policy

Best for: Best overall; Fastest general liability insurance for paint stores

Average cost: $36 per month

Our rating: 10/10

CoverWallet Paint Store Insurance


  • Compare paint store insurance quotes online

  • Cancel your coverage anytime

  • Easy online policy management

  • Waiver of subrogation can be included in general liability insurance


  • Not an insurance company but an insurance broker

CoverWallet curates the different paint store insurance quotes and presents them so that you can compare. And for you to start the insurance application process, you need to use this company’s online platform. Policies you can get from CoverWallet are as follows:

  • $1 million-$2 million general liability insurance

  • $1 million professional liability insurance

  • $50,000 commercial property insurance

  • Umbrella liability insurance

  • Workers compensation insurance

  • Business owner’s policy

Best for: Paint store insurance online quotes comparison

Average cost: $39 per month

Our rating: 10/10

Tivly Paint Store Insurance 


  • Compare insurance quotes over the phone

  • A partner of many reputable insurance companies

  • Responsive customer service


  • You need to call to get a quote

Tivly’s paint store insurance package offers general liability insurance, commercial property insurance, commercial auto insurance, employee dishonesty insurance, workers’ compensation insurance, and business owner’s policy. You need to call a representative to know policy limits and compare quotes over the phone. 

Best for: Comparing paint store insurance quotes over the phone

Average cost: $41 per month

Our rating: 10/10

Thimble Paint Store Insurance


  • Quick to issue an estimate of your rates

  • On-demand coverage

  • Sells a short-term general liability policy

  • Offers numerous types of endorsements


  • Business owner’s policy isn’t available if your paint store is renting or leasing its space

Thimble doesn’t have a paint store insurance package. However, you can get your business covered through this company’s retail insurance which offers a general liability policy, business owner’s policy, and workers’ compensation insurance. 

Best for: On-demand coverage for paint stores

Average cost: $44 per month

Our rating: 9/10

Hiscox Paint Store Insurance


  • Worldwide coverage

  • Automatic policy renewal

  • You can include upgrades to your policies

  • Policy limits can be easily customized


  • Low limits on its business owner’s policy

Hiscox’s paint store insurance offers a general liability policy, business owner’s policy, and cyber liability insurance. This company’s general liability insurance has a $300,000-$2 million limit,  and upgrades can be added such as non-owned/hired auto liability coverage and waiver of subrogation. The business owner’s policy, on the other hand, has a $300,000 general liability coverage and $25,000 commercial property coverage. Finally, your paint store’s cyber liability insurance has a $250,000 per occurrence and aggregate limit. 

Best for: Paint store insurance with automatic renewal

Average cost: $46 per month

Our rating: 10/10

State Farm Paint Store Insurance


  • The insurer provides coverage with overall customer satisfaction, according to J.D. Power 2022 US Small Commercial Insurance Study.

  • Industry-specific insurance with specialized coverage policies

  • Insurance agents are available in all states


  • Customers can’t get insurance quotes online

  • No online claims reporting

State Farm has been providing business insurance for a long time and has become a fan-favorite among business owners, thanks to its personalized approach to providing insurance products and services. In fact, the company topped the overall customer satisfaction index rating in J.D. Power’s 2022 Annual US Small Business Commercial Insurance Study. 

Many retail store owners love working with State Farm because of its wide range of policies, including general liability, commercial auto, workers’ compensation, professional liability, commercial umbrella insurance, and inland marine insurance. The company also offers a business owner’s policy (BOP) that combines four policies: general liability, commercial property, business income and extra expenses coverage, and equipment failure insurance. Additionally, State Farm’s painter insurance includes floater coverage, which covers your products and materials before and during a project. 

Best for: Overall customer satisfaction

Average cost: $50 per month

Our rating: 8/10

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