As a stucco or plastering professional, you are contracted to provide a beautiful and durable finish to the property. Your clients entrust you with their property expecting that you will apply the material to interior walls, ceilings, and partitions of buildings to produce the desired outcome. It is expected that you comply with the blueprints, architect's drawings, or instructions to successfully finish the project.
But as with masonry contractors, paving contractors, roofing contractors, general contractors, and other related businesses, you face risks on each project.
For starters, working as a plasterer includes working at heights, meaning either your employees could slip or fall; thus suffering serious injury or even death. Further, you, an employee, the client, or a member of the public might be injured by falling objects or other work tools. Finally, given the nature of plastering, everyone on the site is susceptible to electrocution, exposure to severe climatic phenomena, or injuries due to the lifting and transfer of bulky loads.
Evidently, you are going to need plastering contractors insurance. Think of plastering insurance policies as a cushion for your business, especially when it’s just starting to pick pace. These ensure that your business still lands on its feet even when the unexpected happens.
Overall, given the risk inherent in the trade, you cannot afford to not invest in plastering business insurance.
Accidents do happen, even to the most experienced contractors. In the event that an accident unfolds, chances are that you will end up in a legal battle. In worst-case scenarios, you could be found and held liable for resulting injuries or damages. The consequence is often mounting legal fees as well as skyrocketing costs associated with medical bills and repairs to damaged properties.
Seeking as there's significant risk associated with being stucco or plastering professional, it is important to protect yourself and your business with liability insurance for plasterers, particularly general liability, public liability, and professional liability insurance.
| CoverWallet | NEXT (Best) | Thimble | Hiscox | |
|---|---|---|---|---|
| Per occurrence limit | $1,000,000 | $300,000/$1,000,000 | $1,000,000/$2,000,000 | $300,000/$2,000,000 |
| Aggregate limit | $2,000,000 | $300,000/$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 | $1,000,000 | $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 |
| Can you get a certificate of insurance online? | Yes | Yes | Yes | Yes |
| Name additional insureds? | Yes | Yes | Yes | Yes |
| Deductible | $0 | $0 | $0 | $0 |
The first liability policy for plastering professionals you ought to get is general liability insurance. This plastering insurance policy covers the majority of the risk that you'd be susceptible to, such as:
Premises Liability-Suppose a client visiting your warehouse to check out your inventory trips over a misplaced tool and breaks a bone. You would be responsible for settling the cost of any medical bills associated with said injury. General liability insurance is the plasterers liability insurance that can cover the medical treatment expenses if a claim is filed
Property Damage-If work-related accidents damage a client's property, general liability insurance can provide reimbursements or refunds on your company’s behalf
Bodily Injury-Tools, power cords, and other plastering materials could cause injury to your client or a member of the public. When this happens, you could be held liable for arising medical fees. The commercial general liability policy steps in covering these medical fees and all legal costs
Just like the general liability policy of tile contractor, drywall contractor, waterproofing contractor, and siding contractor insurance programs, the general liability policy of plasterers insurance plans doesn’t only cover claims for property damage, bodily injuries, and accidents within the business premises. The following optional policies can be added to cover less common plastering and stucco insurance claims:
Environmental impairment liability- As you dispense your service, you are going to end up having to deal with the removal, transport, and disposal of waste and old debris. While doing this, you are required to be in adherence to all EPA and other regulatory standards. Unfortunately, you might miss a few of these, which could likely end up with you being sued
Public liability insurance is another type of business insurance for plasterers that covers claims for bodily injuries or property damage. Here in the USA, it’s rare to find public liability insurance for self-employed plasterer as a stand-alone policy as it’s sold as a part of general liability insurance. But if you do manage to find public liability insurance for plasterers from US commercial insurance companies, then expect that you’ll only get the minimum level of liability coverage.
| CoverWallet | NEXT | Thimble (Best) | Hiscox | |
|---|---|---|---|---|
| Per occurrence limit | $1,000,000 | $25,000 | $1,000,000/$2,000,000 | $1,000,000 |
| Aggregate limit | $2,000,000 | $50,000 | $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 |
Other than commercial general liability insurance for plasterers, consider including a professional liability policy to your plastering contractors insurance program. Also sold as errors & omissions (E&O) coverage, this policy covers these perils:
Business mistakes
Accusations of negligence
Missed deadlines
Breach of contract
As for the expenses covered, professional liability insurance take care of the following:
Reimbursement for the claimant’s financial losses or pain and suffering
Legal defense costs
Court judgments
Note that you can add a defective workmanship floater to professional liability insurance. Defective workmanship coverage will cover settlements and legal fees if a client accuses your work of being defective or substandard.
| NEXT (Best) | Thimble | Hiscox | |
|---|---|---|---|
| Aggregate limit | $3,000/$10,000 | $2,500/$5,000 | $5,000/$25,000 |
| Covers hired and borrowed equipment? | $5,000/$10,000 | $2,500/$5,000 | No |
| Miscellaneous equipment also covered? | $5,000/$10,000 | No | No |
| Offered as an endorsement to general liability insurance? | Yes | Yes | Yes |
| Deductible | $500 | $500 | $0 |
As a plasterer, you rely on brushes, scourers, plaster sprayers, and hoisting equipment. If any harm were to come to these, including theft, damage, vandalism, or fires, you are likely to experience some downtime.
That's why you need tools and equipment coverage. Use the table above to compare the tools and equipment coverage of companies we recommend for plastering contractors.
This policy covers the cost of repair or replacement of any of your tools or equipment. This means you can be up and running as fast as possible, thus preventing any unnecessary downtime.
Get all the best quotes from leading providers in a click of a button!
| CoverWallet | NEXT (Best) | Hiscox | Thimble | |
|---|---|---|---|---|
| Building coverage limit (minimum) | $50,000 | $25,000 | $25,000 | $25,000/$500,000 |
| Contents coverage limit (minimum) | $50,000 | $25,000 | $25,000 | $25,000/$500,000 |
| Outdoor signs | Excluded | $2,500 | Excluded | Excluded |
| Accounts receivable | Excluded | Excluded | Included | $5,000/$10,000 |
| Money and securities | Excluded | $2,500 | Included | $1,000 |
| Lock and keys | Excluded | $2,500 | Excluded | Excluded |
| Business interruption floater | Excluded | Included | Included | Included |
| Equipment breakdown floater | Excluded | Included | Excluded | Excluded |
| Inland marine insurance floater | Excluded | Excluded | Excluded | $10,000 |
| Employee dishonesty floater | Excluded | $5,000 | Included | $2,500 |
If you own an office or any other small commercial space where tools and kept and clients are admitted, then don’t leave it uninsured. Fires can happen anytime and you’ll surely face a lot of losses.
Purchasing commercial property insurance is the most effective way to protect your plastering business’s building. Use the table above to compare the commercial property policy of companies we recommend for commercial plastering insurance.
This business insurance for plasterers will provide reimbursement for losses and help you continue if the office, warehouse, or any other building you own, rent, or lease gets damaged or destroyed by:
Fire
Theft
Vandalism
Malicious mischief
Aircraft
Vehicle
Lightning
Weather
| CoverWallet | Thimble | NEXT (Best) | Hiscox | |
|---|---|---|---|---|
| General liability aggregate limit | $2,000,000 | $1,000,000/$2,000,000 | $300,000/$1,000,000 | $300,000/$2,000,000 |
| Commercial property coverage limit | $50,000 | $500,000 | $25,000 | $25,000 |
| Optional policies can be added? | Yes | Yes | Yes | Yes |
| Name additional insureds for free? | Yes | Yes | Yes | Yes |
A business owner’s policy is a two-in-one plastering contractors insurance. This insurance is made by combining general liability and commercial property insurance.
That said, if you get a business owner’s policy, you automatically get coverage for liabilities and commercial losses.
The premiums for a business owner’s policy is cheaper than when you bought commercial property and general liability insurance separately. Buy this and you’ll enjoy 10%-25% policy bundle discounts.
Do you own and use a vehicle to go to different plastering projects? If this is the case, then your plasterers insurance program can be added with a commercial auto policy.
Commercial auto insurance takes care of the unfortunate accidents that happen while you’re driving a cargo van, flatbed truck, or any other commercial vehicle to go to or depart from a plastering project. Here are its specific functions:
Cover the medical treatment of affected third parties when you cause a vehicular accident
Pay for the replacement or repair of parts if your commercial vehicle sustained damage because of theft, fire, vandalism, weather, and other covered perils
Cover your medical expenses if you get involved in an accident caused by an uninsured/underinsured driver
Note that you can insure several vehicles in one commercial auto insurance policy. You can even use this plasterer insurance to cover trailers and other attachments to the commercial vehicle.
If an employee was injured while at a job site, you would be expected to cover the costs of said injuries. That's why you need workers' compensation insurance. This policy pays for the following:
Medical expenses
Lost wages
Retraining
Permanent injury
Death benefits
You want to discuss adding on employer liability coverage to your workers' compensation policy. The employer liability coverage pays any arising costs in the event that the employee sues your business for negligence after experiencing a work-related injury or disease.
Given the nature of the trade, you and your employees will have full access to a client's property. Unfortunately, you cannot be entirely certain that your employees won't steal from the client or engage in other dishonest activities.
As such, you want to purchase employee crime and dishonesty coverage. This means that if any of your employees were to be engaged in theft, dishonesty, or any other fraudulent act, your business would still remain protected.
If you run your stucco or plastering business at a location prone to floods or hurricanes, then you ought to purchase flood or hurricane insurance. Note that in most instances, even a comprehensive commercial property policy will not cover any floods or hurricane damage to any plastering work done.
| CoverWallet | NEXT(Best) | Thimble | Hiscox | |
|---|---|---|---|---|
| Per occurrence limit | $1,000,000 | $300,000/$1,000,000 | $1,000,000/$2,000,000 | $2,000,000 |
| Aggregate limit | $2,000,000 | $300,000/$2,000,000 | $1,000,000/$2,000,000 | $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 | $300,000/$1,000,000 | $300,000 | $100,000 | $100,000 |
| Waiver of subrogation included? | Yes | No | Yes | Can be included |
| Hired/non-owned auto liability coverage included? | Yes | No | No | Can be included |
| Equipment breakdown floater included? | No | Yes | Yes | Can be included |
| Can you get a certificate of insurance online? | Yes | Yes | Yes | Yes |
| Name additional insureds? | Yes | Yes | Yes | Yes |
| Deductible | $0 | $0 | $0 | $0 |
If you work with EIFS and stucco, then go for an EIFS and stucco insurance package. This consists of general liability, professional liability, and other policies we mentioned here (though some might be excluded. The table above shows the features of the general liability insurance of companies that sell EIFS stucco insurance.
| Cost per Month | Cost per Year | Deductible | |
|---|---|---|---|
| General liability insurance | $54 | $648 | $0-$500 |
| Professional liability insurance | $60 | $720 | $500-$1,000 |
| Commercial property insurance | $57 | $684 | $1,000-$2,500 |
| Business owner’s policy | $105 | $1,260 | $500-$1,000 |
| Commercial auto insurance | $59 | $708 | $1,000-$1,500 |
| Workers compensation insurance | $80 | $960 | $2,000-$5,000 |
| Employee crime and dishonesty insurance | $63 | $756 | $1,000-$2,000 |
| Tools and equipment insurance | Cost usually added to general liability insurance | Cost usually added to general liability insurance | $500 |
The average stucco and plastering insurance cost is $54 per month or $648 per year. This is subject to the location where you dispense your services, your payroll, revenue, experience, and claims history. Here’s another table that shows the price of the $1 million general liability policy of the best plasterer insurance companies:
| Cost per Month | Cost per Year | Best for | |
|---|---|---|---|
| NEXT | $41.67 | $500 | Best overall; Fastest general liability insurance for plastering contractors |
| CoverWallet | $43 | $516 | Plasterer insurance quotes comparison online |
| Tivly | $44 | $528 | Comparing plastering contractor insurance quotes over the phone |
| Hiscox | $45 | $540 | General liability insurance with worldwide coverage |
| Thimble | $47 | $564 | On-demand plastering contractor insurance |
The average EIFS insurance cost is $41 per month or $492 per year for a $1 million general liability insurance. Here’s a table showing the rates of the best EIFS insurance companies:
| Cost per Month | Cost per Year | Best for | |
|---|---|---|---|
| NEXT | $37 | $444 | Best overall; Fastest general liability insurance for EIFS contractors |
| CoverWallet | $39 | $468 | EIFS contractor insurance quotes comparison online |
| Tivly | $41 | $492 | Comparing EIFS contractor insurance quotes over the phone |
| Thimble | $43 | $516 | General liability insurance with numerous add-ons for EIFS contractors |
| Hiscox | $46 | $552 | General liability insurance with worldwide coverage for EIFS contractors |
Get all the best quotes from leading providers in a click of a button!
These are the best plastering insurance companies where you can get coverage online and enjoy perks such as policy bundle discounts, easy online policy management, or worldwide coverage. Read the reviews below to know their pros, cons, and cost of a $1 million general liability insurance.
Best overall
Get an online proof of insurance and send as a text message, email, or social media post
Fastest general liability insurance for plastering contractors
Great customer service and reputation
Issues an online proof of insurance instantly
Outstanding value for money
Bundle two or more insurance policies and get a 10% discount
Couldn’t find any
While relatively newer, having only been launched in 2015, NEXT has set itself up as the best carrier for smaller stucco and plastering businesses. If you are looking to purchase your business insurance online without having to talk to an agent or broker, then NEXT is a carrier to go with.
For $41.67 per month or $500 annually for the basic coverage, which is a general liability insurance with a per-occurrence limit of $300,000-$1 million. Go for the deluxe or premier insurance option to enjoy these additional policies:
Tools and equipment coverage with a per-occurrence limit of $3,000-$10,000
Workers' compensation with a per-accident limit of $100,000
Commercial property coverage with a per-occurrence limit of $25,000
Best for: Best overall; Fastest general liability insurance for plastering contractors
Average cost: $41.67 per month
Our rating: 10/10
Policyholders can purchase coverage at any time online
Easy online policy management
No cancellation fees
Compare quotes online
CoverWallet is but an insurance broker and not a full-on insurance company
For $43 monthly or $516 annually, plasterers can get comprehensive general liability insurance from this company. Other policies you can avail from CoverWallet are:
General liability insurance
Business owner's policy
Worker's compensation insurance
Professional liability insurance
Offered in collaboration with CoverWallet's partners, the general liability policy will often have a limit of $1 million-$2 million, products and completed operations coverage with a $2 million limit, $1 million in advertising injury coverage, and $300,000 rented premises liability coverage.
Be sure to take advantage of CoverWallet's quoting platform to get the best possible deal.
Best for: Plasterer insurance quotes comparison online
Average cost: $43 per month
Our rating: 10/10
Call and compare quotes over the phone
Responsive customer service
A partner of many reputable insurance companies
You need to call to get a quote
This company doesn’t have a plastering insurance package. However, you might want to call Tivly and talk with a representative, because it can arrange adequate coverage through its handyman insurance or contractor insurance. Note that Tivly doesn’t issue online quotes. A representative will take you through different coverage options over the phone.
Best for: Comparing plastering contractor insurance quotes over the phone
Average cost: $44 per month
Our rating: 10/10
Online quotes in less than 5 minutes
Expert support
No cancellation fee is charged for canceling a policy
Monthly payments accepted
Worldwide coverage
Poor customer reviews
If you run a global plastering franchise, consider getting a tailor-made cover from Hiscox. For each of your general liability, professional liability, and business owner’s policy, you have an option of choosing an aggregate limit of between $250,000, $500,000, $1 million, or $2 million. Your deductibles will range between $500 and $10,000.
Best for: General liability insurance with worldwide coverage
Average cost: $45 per month
Our rating: 9/10
Quick to issue an estimate of your premiums
On-demand coverage
Numerous add-ons to business owner’s policy
Sells a short-term general liability policy
You can’t reach customer service by calling
Thimble’s plastering insurance offers a business owner’s policy and workers compensation insurance. That said, you can’t get general liability or commercial property insurance as stand-alone policies. Thimble’s business owner’s policy offers $1 million-$2 million general liability coverage and $25,000-$500,000 commercial property coverage. Add-ons, such as cyber liability and hired/non-owned auto liability coverage, can be added as optional policies.
Best for: On-demand plastering contractor insurance
Average cost: $47 per month
Our rating: 9/10
This place is an absolute joke of a company and should be ashamed of the way they conduct business. I was hurt on the job at the end of July and it took them just shy of 7 weeks to issue out a paycheck to me. Yes the amount was back dated but still. Not many have the luxury of not receiving a paycheck for almost 2 months. To top it all off, the original adjuster marked me down for the wrong state which caused a problem from the get go, I've had 3 different adjusters now since each one can't seem to figure out the simplicity of my claim. All my paperwork which includes, my job, house, and drs visits all are from the same state and city but yet some how I have been filed under a completely different state 1500 miles away. They do not answer your phone calls or emails no matter how many you leave. I've had to escalate my frustrations to the supervisors of each of these individuals in order to even get some kind of response. I've had more communication and information given to me about my claim from the customer service representatives then the actual adjusters.......... please tell me how that works?! A serious overhaul needs to happen here in order to serve your clients the way they deserve to be taken care of. 10/10 do not recommend this company to a single soul on earth
I have never had the displeasure of working with a more incompetent and disrespectful person in my life. I’m an injured worker and the adjuster that was assigned to my case was named Carrie Furgeson. In the past 6 weeks that I’ve been injured and out of work I have only been able to get ahold of her twice, not for lack of trying. I have left countless voicemails, countless emails, and she ignores them all. When I am finally able to get ahold of her I’m greeted with terrible customer service. She is rude, she talks over me and I’m hardly able to get a word in edgewise. She spelled my name wrong on my documents even after I spelled it for her properly countless times, this caused a whole new issue with my bank. I have bill collectors from the hospital calling me demanding payment and Carrie Furgeson won’t do a single thing to help, or to get them paid. All of my documentation is in Colorado, my job is in Colorado, my address is in Colorado, all my Dr offices and appointments have been in Colorado and Carrie still managed to hold my claim because she wasn’t sure what state she needed to file it under. It’s been 6 weeks since my Injury and my company still hasn’t received the wage paperwork to fill out so they can get me my correct wages. When she’s not ignoring me she’s answering my questions with “I don’t know” well I don’t know how she got this job, because apparently she doesn’t know anything about it. She is a disgusting morose individual inside and out and I genuinely wish her the worst in all of her future endeavors. I highly recommend you don’t use this company. Please if you are a business owner and your looking into this company please don’t use them. I’m sure they have the cheapest payment and that’s why companies use them in the first place, but you will be doing your employees a grave disservice by forcing them to venture into this absolute dumpster fire of a company. I would rate 0/5 if possible but 1 was the lowest I was allowed.
Their general liability insurance purchase process is simply the best online experience I've ever had in my life!
As long as they cover your line of business, you're literally covered! best rates, best coverage, best online experience, best professionals, can't be happier that I chose them!
It really can't get any better than this... wow
Not all those who wander are lost.
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