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Tile contractor’s insurance is one of the most important policies in the business of tile installation. It is designed to cover the various risks involved with the occupation in tile installation.
This article elaborates on costs, various tile contractor insurance policies and the best tile contractor insurance companies to help you make the best decision for your business.
Tile contractor insurance cost can vary significantly based on several factors, including the size of the business, location, claims history, and the specific coverage options chosen. Here are some key insights into the costs associated with tile contractor insurance:
General Liability Insurance: A general liability policy generally ranges at around $675 annually which pays a total limit of $1 million per incident. The general contractors pay Approximately 675$ which is easily affordable by small contractors.
However, its costs are dependent on the number of employees, location and deductibles.
Workers’ Compensation Insurance: Essential for businesses with employees, this insurance typically costs between $3.00 to $6.00 per $100 of payroll. It protects against workplace injuries and illnesses.
Installation Floater Insurance: As the name implies, this particular coverage protects materials during the install phase. The premiums range between $700 and $3,000 annually depending on the value of the project and the types of materials involved.
Average Premiums: For a typical solo tile contractor with an annual revenue of around $150,000, insurance costs may range from $5,450 to $10,000 annually for basic coverage. Established businesses with multiple employees can expect to pay upwards of $42,900 for comprehensive packages that include various types of coverage.
| Coverage Type | Average Annual Cost | Notes |
| General Liability Insurance | $675 – $10,000 | Varies by business size and location |
| Workers’ Compensation | $3.00 – $6.00 per $100 payroll | Required for businesses with employees |
| Installation Floater Insurance | $700 – $3,000 | Depends on project value |
| Total Cost for Small Business | $5,450 – $42,900 | Based on revenue and coverage needs |
Tile installer insurance is specifically designed for those who install tiles in both homes and businesses. Just like tile contractor insurance, the same factors may affect the costs but may be slightly different according to the type of work involved.
General Liability Costs: Tile installers are expected to incur about $59 each month which would be approximately $773 annually for general liability insurance in case of a bodily injury or for any property damage.
Business Owner’s Policy (BOP): It is easy to save when one combines general liability and commercial property insurance. BOP’s average premium is about $1,295 annually which is around $108 per month.
Workers’ Compensation: This policy for tile installers insurance is about $142 a month which is about $1,701 annually and works by covering medical expenses caused by work-related injuries.
| Coverage Type | Average Monthly Cost | Average Annual Cost |
| General Liability Insurance | $59 | $773 |
| Business Owner’s Policy | N/A | $1,295 |
| Workers’ Compensation | $142 | $1,701 |
If you have a tile installation business, you need tiler insurance. It will protect you in case of accidents or property damage arising while you are on an installation project. There are various policies built for tile professionals who work as subcontractors.
Key Coverage Types:
General Liability Insurance: This allows you to protect yourself against physical and property claims.
Professional Liability Insurance: This protects you from making errors in the services rendered to the clients.
Tools and Equipment Insurance: This covers any financial loss in case of loss or damage of the tools when carrying out the installations.
Based on the needs of each individual, tile insurance tends to be expensive with average coverage starting at $675 and going upwards of $10,000+.
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Tilers insurance, as it is also commonly known, encompasses all the facets of installation and maintenance of tiles. This includes coverages such as:
The figures associated with the purchase of tilers’ insurance largely are the same figures outlined above in relation to tile contractors and installers’ coverages.
| Coverage Type | Average Annual Cost |
| General Liability | $675 – $10,000 |
| Workers’ Compensation | Varies based on payroll |
| Installation Floater | $700 – $3,000 |
For tile and flooring contractors, the Travelers is a recommended option that includes necessary inland marine coverage for the transportation of goods. They are reputable in having construction insurance.
Rating: 8.5/10
It provides coverage for tile contractors through their highly customizable packages. Selectively, designer insurance packages enable tile contractor coverage while controlling the cost by ensuring that the coverage is limited to what is absolutely necessary. Prices start at 41.67 a month.
Pros:
Cons:
Rating: 8/10
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It issues general liability policies as well as a wide range of endorsements, workers’ compensation included, aimed at contractors. It has been in the construction insurance area and is a good choice for tile contractors who want to be well insured.
Pros:
Cons:
Rating: 8.5/10
As a tile contractor, you will be able to take advantage of the state farm business coverage products, which include general liability as well as commercial auto insurance.
Rating: 7.5/10
Tile contractors looking for the most cost-efficient option would likely opt for Geico. They offer favorable prices regarding general liability and workers’ insurance policies.
Rating: 7/10
10 / 10
For me this company has proven to be the best to do business with and worth my hard earned money. Contractors this is your company look no further.
7.7 / 10
Decent experience with Hiscox business insurance
10 / 10
Good company. Good and knowledgable customer service. If they don't know something they will pass you on to a more experienced rep that is more knowledgable. So far so good.
10 / 10
Best insurance ever
10 / 10
Coolest concept, I wish this was applied to other insurance products too.
9.4 / 10
Fastest ever online insurance quote and purchase! Also, great rates and professional customer reps that helps with whatever you need, if you need. Nice company!
2.8 / 10
Embroker sells a product that it doesn't honor. We purchased a combination D&O and EPLI policy. However, when it came to renewal, it told us that we only had D&O coverage even through our ACCORD certificate clearly mentions we have both. Basically they refused to honor the EPLI coverage and will leave you hanging with the bag. At time of renewal, they more than doubled our quote to get similar coverage. Basically BAIT & SWITCH. Unacceptable tactics. Easy to buy and pay but you may not be... Read More
2.8 / 10
Great platform. Terrible policy. There is no teeth behind it. No coverage. It's a fake policy that they sell. Sold us an EPLI policy that later we came to find out had no EPLI coverage. Amazing that they can get away with outright fraud. Check the positive reviews. They are all 'Anonymous' posted by Emroker staff. Stay away and find a real policy that will actually provide you coverage. We've been bitten by them and hope to find restitution via a lawsuit.
Paul Burns Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
It has been 70 days since I made a claim on the roof of my building. No one from the company will return calls. We are in hurricane season and located in Louisiana. My building is tarped to secure it.
Felicia Broadus Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
They are the worst, my truck was hit in January 23 and the claim adjuster has not been out to this very day! They have every excuse in the book as to why. They have not been to the collision shop. PLEASE AVOID THESE SCAM ARTIST!
Felicia Broadus Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
Avoid these SCAM ARTISTS! They don’t pay claims!!! Save yourself the trouble and money!
Kasey Arey Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
This company gives you a price that was in place for a year and when you have to use it there is fine print were they can go back and charge you more. Would not recommend them to any one. Crooks
John Murphy Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
Worst insurance comapny I have ever dealt with. A commercial vehicle represented by GUARD t boned my wife and daughters family vehicle in the middle of the day. Driver was cited and insurance claim insued. Fast forward 4 months and refusal of full amount of claim is still happening. Driver was found guilty, repairs started on my vehicle and when it comes to the final bill and diminished value we cannot get any help. I am out a family car, have an injured and traumatized wife and children,... Read More
Harshadray Patel Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
Extremely bad service, when you call , will make you wait on the phone for ever (over an Hour) and still no one to answer , so you end up hanging up. To cancel the policy, bounce you from one department to the other. They are supposed to refund from the date other insurance started and after sending the proof of other insurance policy, still they did not refund based on that actual date instead they use the date i managed to get hold of them. They charged me $7000.00 for a year's insurance on... Read More
Aaron Wensel Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
Guard Insurance is terrible. They were so bad I cancelled them because them couldn't figure out why I would never get a paper copy of the bill . Verified my address with them and still intermittent billing. I cancelled them in March through my local broker. Today 6/27 I get a letter in the mail from a collections company saying I owe 87.97. This was the first myself or my broker heard of owing this money. Here is some advice for this failure of a company send me a god damn bill and I will pay.... Read More
Michael Swink Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
My employer had to have workers compensation by law. He obtained a policy through this Berkshire Hathaway GUARD and they failed me. I fell from a ladder and fractured my spine in 7 different places, my clavicle in 4 places, and the base of my skull. Going to my Dr visits I was prescribed medication for pain and the insurance company placed a pre-authorization hold on me picking up the medication from Walgreens. The hold lasted 5 days! My weekly benefits have never been on time, right now... Read More
10 / 10
Liberty Mutual is one of the more simple companies to deal with. I had to file a claim for my business owner policy after I caught one of my employees stealing a large amount of products from my business. Liberty mutual paid the claim fast and with no efforts. I wish the legal process was as easy…
10 / 10
For me this company has proven to be the best to do business with and worth my hard earned money. Contractors this is your company look no further.
7.7 / 10
Decent experience with Hiscox business insurance
9.4 / 10
Very pleased with Hiscox - their small business insurance rates are very good and they specialize in small business which gives me a peace of mind as a small business owner. So far so good!
10 / 10
Their customer service is absolutely fantastic. Very patient, knowledgable and provided excellent explanation of the purchased policy. I would highly recommend this insurance company to anyone that's looking to protect their business from unexpected expense. Thank you Hiscox for doing a great job for my business!
0.6 / 10
STAY AWAY! I wouldn't recommend hiscox small business liability insurance to anyone. Better not waste both your money and your time. Hiscox customer service is extremely unpleasant, not organized and not professional. It is the worst company we have dealt with in almost 25 years in business!
10 / 10
Good company. Good and knowledgable customer service. If they don't know something they will pass you on to a more experienced rep that is more knowledgable. So far so good.
10 / 10
Extremely fast and simple. Wasted a lot of time and money until I found these guys! I feel like my business is in good hands now.
10 / 10
Hiscox's the best! My business is insured with them for over 12 years and am not planning to switch!
10 / 10
Excellent experience with Hiscox BOP for my coffee shop. They provided all it needed.
10 / 10
My HI barbershop is well covered with their great BOP product for 5 years already! not planning to switch!
10 / 10
Best insurance ever
10 / 10
Coolest concept, I wish this was applied to other insurance products too.
10 / 10
Great experience
6 / 10
Didn't relate to the concept much, but it makes sense if you need insurance to go
0 / 10
It doesn't really feel sustainable to me and doesn't offer business interruption, product liability and commercial property insurance. They have no local agents and despite their technology first approach you cannot file claims online. Additionally, product manufacturers are not covered by Thimble and they don't provide enterprise solutions.
10 / 10
As a contractor that works 3 times a week for a few hours, Thimble gets really handy for me and saves me money. I have no use for these massive business insurance coverages offered by traditional insurance companies.
10 / 10
Excellent concept which is useful to many small businesses!
10 / 10
Been waiting for this type of solution for a long time!
10 / 10
Love their business insurance solutions for freelancers! Great app!
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