Some of the products on this page come from partners who may compensate us when you click on their links or take specific actions. This helps us keep our content free. That said, our opinions are our own and based on independent analysis.
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+.
Get all the best quotes from leading providers in a click of a button!
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
Get all the best quotes from leading providers in a click of a button!
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
Do you have U.S. insurance expertise/experience? Would you like to become a voice at Insuranks, help businesses and individuals, and showcase your authority online? Write us!
Not all those who wander are lost.
Disclosure: Insuranks.com is an independent educational comparison service and an advertising-supported publisher. Some of the companies/offers that appear on the website are from our partners which we may receive compensation from. This may influence which companies/offers we write about and where and how it appears on the site. However, this does not impact our assessments. We solely highlight companies, products, and offers that can help you make smarter insurance decisions.
