Small business insurance cost for contractors and tradespeople in Florida
A typical small contractors and tradespeople business in Florida with two employees and about $250,000 in revenue can expect to pay roughly the range below. Your own price will move up or down with your size, claims history, and coverage limits.
Typical total, per month
About $4,111–$6,851 per year for a business owner’s policy and workers’ compensation.
Cost by policy type
| Policy | Per month |
|---|---|
| General liability | $87–$144 |
| Business owner’s policy (liability plus property) | $118–$196 |
| Workers’ compensation (2 employees) | $225–$375 |
What drives the price for contractors and tradespeople
Job-site injuries and property damage make this one of the costliest groups to insure, and workers’ compensation is usually the biggest line.
What to know in Florida
Florida requires workers’ compensation at four or more employees for most businesses, and from the first employee in construction. Storm risk also pushes up commercial property prices.
Tips before you buy
- Many clients and general contractors won’t let you start work until you send a certificate of insurance, so get coverage before you bid.
- Subcontractors without their own coverage can land their costs on your policy, so collect their certificates.
- Roofing, electrical, and other higher-risk trades pay noticeably more than painters or handymen.
More guides
- Contractors and Trades in Texas
- Contractors and Trades in California
- Contractors and Trades in New York
- Restaurants and Cafés in Florida
- Salons and Spas in Florida
- Cleaning Services in Florida
- Retail Shops in Florida
- Consultants and Offices in Florida
These figures are rough estimates for planning only, not quotes, offers, or insurance advice. Actual prices depend on the insurer and your specific business. Check with a licensed agent before you buy.