How Much Does Ceiling And Wall Contractor Insurance Cost? 2026 Rates

Ceiling and wall contracting firms in the United States generally spend between $620 and $1,300 per year on business insurance, which equals about $57 to $118 per month. Actual premiums vary depending on the overall risk profile of the business. Several factors influence how much coverage will cost, including services offered, business size, location, and claims history.

How Much Does Ceiling and Wall Contractor Insurance Cost?

On average, ceiling and wall contractors spend between $620 and $1,300 annually on insurance. That equals about $57 to $118 per month. These figures are only estimates, and the actual premium depends on the details of your business.

No two contractors face the same risks. A solo operator handling small residential projects will typically pay less than a contractor managing multiple subcontractors or large-scale commercial jobs, which carry higher liability exposures.

Several factors influence how much you’ll pay for coverage:

• Services offered.
• Number of employees.
• Property size and value.
• Claims history.
• Business interruption and add-ons.
• Services And Risk Level.
• Property Value And Location.

Understanding these variables helps ceiling and wall contractors estimate insurance needs more accurately and budget for the real costs of protecting their business. With the right coverage, you can safeguard your company, employees, and clients without overspending.

Average Ceiling and Wall Contractor Insurance Costs For Coverage Types

When it comes to protecting yourself as a ceiling and wall contractor, different types of insurance cover different risks. Understanding the average cost, coverage details, and what influences pricing for each policy type can help you build a more effective insurance plan. Here’s a closer look at the major coverages most ceiling and wall contractors need.

• General liability insurance: $57 per month
• Commercial tool and equipment insurance: $49 per month
• Business owner’s policy: $52 per month
• Builders risk insurance: $105 per month
• Professional liability insurance: $56 per month
• Drywall liability insurance: $102 per month
• Workers’ compensation insurance: $220 per month
• Commercial auto insurance: $178 per month
• Commercial property insurance: $52 per month
• Cyber liability insurance: $102 per month

General Liability Insurance

The average cost of general liability insurance for a ceiling and wall contractor is about $57 per month.

General liability covers third-party bodily injury, property damage, and injuries. For example, if a client trips and falls over tools on a job site and gets injured, this policy would help pay for their medical expenses and your legal defense costs.

Typical policy limits are $1 million per occurrence and $2 million aggregate.

Factors that influence the cost include the business type (your services), location, office environment (if clients frequently visit your office), contract requirements, and previous claims history.

Average annual premiums by state:

Note: These estimates are based on average national General Liability Insurance premiums for ceiling and wall contractor businesses, adjusted slightly for state-level differences. Actual premiums will vary depending on business size, project scope, claims history, coverage limits, and insurer underwriting practices.

Commercial Tool And Equipment Insurance

The average cost of commercial tool and equipment insurance for a ceiling and wall contractor is about $49 per month.

This can help cover losses for equipment that you have to bring to and from your job sites, things that are less than 5 years old including flat boxes, taping banjos, knives, drills, or T-squares.

This type of inland marine insurance can protect your tools when being transported, when at a job site, or if stored somewhere other than your main commercial property.

Average annual premiums by state:

Note: These estimates are based on average national Commercial Tool and Equipment Insurance premiums for ceiling and wall contractor businesses, adjusted slightly for state-level differences. Actual premiums will vary depending on the value of tools and equipment, theft risk, claims history, coverage limits, and insurer underwriting practices.

Business Owner’s Policy (BOP)

The average cost of a business owner’s policy (BOP) is about $180 per month for ceiling and wall contractors.

A BOP bundles general liability insurance with commercial property insurance. It protects against customer injuries, property damage, and loss or damage to your office building, furnishings, and equipment. For instance, if a fire damages your computers and files, the BOP would help cover repairs and replacements.

Typical policy limits are $1 million per occurrence and $2 million aggregate for liability, with separate property coverage limits based on the value insured.

Cost factors include the size of your business, location risk (such as flood or crime rates), business revenue, number of employees, and any optional endorsements like cyber protection, extra expensive coverage, or business interruption insurance. You might also need surety bonds to guarantee you will deliver on your contracts.

Average annual premiums by state:

Note: These estimates are based on average national Business Owner’s Policy (BOP) premiums for ceiling and wall contractor businesses, adjusted slightly for state-level differences. Actual premiums will vary depending on business size, property value, project scope, claims history, and insurer underwriting practices.

Drywall Liability Insurance

The average cost of drywall liability insurance for contractors is $102 per month.

If as a ceiling and wall contractor you work with drywall, this is an additional form of coverage or an endorsement that you might consider adding.

This coverage can protect contractors against hazards involving things like lead paint or asbestos. For example, if there is exposure to lead paint when removing drywall from an older home, this would help protect any associated risks including the need for specialized protection.

Average annual premiums by state:

Note: These estimates are based on average national Drywall Liability Insurance premiums for ceiling and wall contractor businesses, adjusted slightly for state-level differences. Actual premiums will vary depending on business size, project scope, claims history, coverage limits, and insurer underwriting practices.

Professional Liability Insurance

The average cost of professional liability insurance for ceiling and wall contractors is about $56 per month.

Sometimes called errors and omissions, this type of insurance covers claims relating to errors, emissions, negligence, or other financial losses that a customer or client experiences because of the advice you gave. For example, if a client complains that your ceiling and wall repair caused additional damage to their electrical system or their heating system, this could help provide coverage in the event of a lawsuit or settlement.

Typical policy limits are $1 million per claim, but higher limits are sometimes required by state laws or client contracts.

Cost depends on the size of your business, the services you offer, the number of years you’ve been in business, coverage limits, and claims history.

Average annual premiums by state:

Note: These estimates are based on average national Professional Liability Insurance premiums for ceiling and wall contractor businesses, adjusted slightly for state-level differences. Actual premiums will vary depending on business size, project scope, claims history, coverage limits, and insurer underwriting practices.

Cyber Liability Insurance

The average cost of cyber liability insurance for ceiling and wall contractors is $102 per month.

Ceiling and wall contractor insurance covers the costs a ceiling and wall contactor might incur after a cyber incident. This extends to lost income after a cyber attack, forensic investigations, data recovery costs, regulatory fines, and the costs of informing customers about the attack.

Ceiling and wall contractors can benefit from this coverage if they handle any sensitive data, or if they want to cover gaps in their insurance.

Costs are based on factors like the size of your organization, the type of client data you handle, and the cybersecurity measures you already have in place.

Average annual premiums by state:

Note: These estimates are based on average national Cyber Liability Insurance premiums for ceiling and wall contractor businesses, adjusted slightly for state-level differences. Actual premiums will vary depending on business size, data sensitivity, claims history, coverage limits, and insurer underwriting practices.

Builders Risk Insurance

The average monthly cost of builders risk insurance is $105 per month for ceiling and wall contractors. This protects you against hard and soft costs associated with a covered loss under your policy as well as business interruption from covered events.

For example, if a ceiling and wall project is delayed because of an unexpected natural weather disaster, this insurance would help cover the expenses associated with fees for reinspecting or rebuilding something that wasn’t yet complete, or the cost of construction loan interest.

Average annual premiums by state:

Note: These estimates are based on average national Builders Risk Insurance premiums for ceiling and wall contractor businesses, adjusted slightly for state-level differences. Actual premiums will vary depending on project size, construction materials, location risks (fire, theft, natural disasters), claims history, and insurer underwriting practices.

Workers’ Compensation Insurance

The average cost of workers’ compensation insurance for a ceiling and wall contractor is around $220 per month.

Workers’ comp covers medical bills, rehabilitation, and lost wages for employees injured on the job. For example, if an employee falls on the untidy tools and parts left on a job site floor, and breaks their ankle, workers’ compensation would cover their hospital visit and part of their lost wages while they recover.

Policy limits are regulated by each state, but typically include medical costs and a percentage of lost wages without a set cap.

Premiums are influenced by the size of your payroll, the type of work employees perform (whether in your office or on-site for each client), your claims history, and any implemented safety programs.

Average annual premiums by state:

Note: These estimates are based on average national Workers’ Compensation Insurance premiums for ceiling and wall contractor businesses, adjusted slightly for state-level differences. Actual premiums will vary depending on payroll size, number of employees, claims history, project scope, and insurer underwriting practices.

Commercial Auto Insurance

The average cost of commercial auto insurance for ceiling and wall contractors is about $178 per month.

Commercial auto insurance covers vehicles owned or used by the business for accidents, theft, vandalism, or damage. For example, if a contractor causes an accident while driving to a job site, this policy would cover the damages and any third-party claims.

Typical policy limits are around $1 million combined single limit (covering both bodily injury and property damage).

Factors influencing the cost include the number and type of vehicles, how often they are used, the driving records of employees, and whether you add endorsements like hired and non-owned auto insurance (HNOA) for employee-owned vehicles used for company services like driving to and from off-site work.

Average annual premiums by state:

Note: These estimates are based on average national Commercial Auto Insurance premiums for ceiling and wall contractor businesses, adjusted slightly for state-level differences. Actual premiums will vary depending on the number of vehicles, driving records, claims history, coverage limits, and insurer underwriting practices.

Commercial Property Insurance

The average cost of commercial property insurance for a ceiling and wall contractor, when purchased separately, usually runs $52 per month.

Commercial property insurance covers damage to the office building and its contents due to fire, theft, vandalism, or certain weather events. For example, if a fire destroys equipment like computers or tools at the office, this policy would pay for repairs or replacement.

Typical policy limits are based on the replacement cost value of the insured property, which could easily reach into the hundreds of thousands depending on your location, building size, and equipment investments.

Premiums are determined by factors like the building’s age and construction type, fire safety systems in place, replacement cost of equipment, neighborhood crime rates, and whether you add endorsements such as professional liability or cyber protection.

Average annual premiums by state:

Note: These estimates are based on average national Commercial Property Insurance premiums for ceiling and wall contractor businesses, adjusted slightly for state-level differences. Actual premiums will vary depending on property value, location risks (fire, theft, natural disasters), claims history, and insurer underwriting practices.

Ceiling And Wall Contractor Business Insurance Costs By Provider

Ceiling and wall contractor business insurance costs will vary greatly depending on the insurance carrier. Use the table below to find average costs across different providers.

Note: These estimates are based on average small business insurance costs for ceiling and wall contractors, typically including general liability, workers’ compensation, commercial auto, and property coverage. Actual premiums will vary depending on factors such as company size, number of employees, type of construction work performed, location, claims history, and coverage limits.

What Factors Impact Your Ceiling And Wall Contractor Insurance Costs?

Insurance premiums for ceiling and wall contractors are determined by underwriters who evaluate the overall risk profile of your business. Several key factors—ranging from the type of services you provide to your claims history—play a role in shaping what you’ll pay for coverage.

Type Of Services

Not all projects carry the same level of risk. Contractors working on commercial sites or hazardous job environments face higher liability exposure compared to those handling straightforward residential repairs.

Location

Where you operate matters. Firms in urban, high-crime, or flood-prone areas typically pay more for property and liability insurance. Contractors in suburban or lower-risk regions often benefit from reduced premiums.

Size Of The Operation

The number of employees, square footage, and annual revenue all affect premiums. Larger operations face greater exposure to liability claims and higher workers’ compensation costs, especially when crews travel frequently to job sites.

Property Value And Equipment

The value of your property and specialized tools directly impacts commercial property insurance. Contractors with expensive equipment or custom office setups often pay more. Many also add cyber liability endorsements to safeguard sensitive client data.

Claims History

Insurers view frequent claims as a sign of higher risk, which can raise premiums. A clean claims record, on the other hand, may qualify you for discounts.

Policy Limits And Deductibles

Higher policy limits provide stronger protection but increase premiums. Opting for a larger deductible can lower monthly costs, though it raises your out-of-pocket responsibility when claims occur.

Optional Endorsements

Coverage add-ons such as business interruption, cyber liability, or hired/non-owned auto insurance tailor protection to your needs but also increase overall costs. These are especially important for contractors working off-site or handling sensitive client records.

Insurance Provider

Rates vary across carriers. Some specialize in construction-related risks and may offer better pricing or flexible options for ceiling and wall contractors. Comparing quotes from multiple providers is one of the best ways to save.

How To Lower Your Ceiling And Wall Contractor Insurance Costs

Running a ceiling and wall contracting business comes with significant expenses, but your insurance premiums don’t have to overwhelm your budget. While coverage is essential, there are practical strategies to lower costs without sacrificing protection.

Bundle Policies Together

Combining coverage is one of the easiest ways to save. Many insurers offer a Business Owner’s Policy (BOP) that merges general liability and property insurance at a reduced rate. Adding workers’ compensation or tool insurance through the same provider can unlock further discounts while simplifying paperwork.

Ask About Discounts

Insurers often reward loyalty and upfront payments. You may qualify for reduced rates by signing a multi-year agreement or paying your premium in full instead of monthly installments.

Strengthen Safety Measures

Accidents drive up costs for both you and your insurer. Regular equipment maintenance, PPE inspections, and clear hazard labeling all help reduce liability risks. Fewer incidents mean fewer claims, which lowers premiums over time.

Build A Safer Work Environment

Workers’ compensation costs can be managed by focusing on employee safety. Training crews on fire safety, maintaining clear emergency exits, and enforcing safe workplace practices reduce injuries. When fewer claims are filed, premiums stay lower.

Adjust Your Deductible

Opting for a higher deductible is a straightforward way to lower monthly premiums. Just ensure your company can comfortably cover the out-of-pocket amount if a claim arises.