Small business insurance cost for contractors and tradespeople in Texas
A typical small contractors and tradespeople business in Texas 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 $3,289–$5,481 per year for a business owner’s policy and workers’ compensation.
Cost by policy type
| Policy | Per month |
|---|---|
| General liability | $69–$116 |
| Business owner’s policy (liability plus property) | $94–$157 |
| Workers’ compensation (2 employees) | $180–$300 |
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 Texas
Texas is the one state where most private employers can choose not to carry workers’ compensation. Opting out means you can be sued directly by an injured employee, and many clients and contractors still require it.
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 California
- Contractors and Trades in Florida
- Contractors and Trades in New York
- Restaurants and Cafés in Texas
- Salons and Spas in Texas
- Cleaning Services in Texas
- Retail Shops in Texas
- Consultants and Offices in Texas
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.