I am starting a paint contracting company, how much is insurance?
How much would workers comp and liability insurance cost on average if I had 4 employees that earn give or take 35,000 per year that would be painting interior and exterior??
One Response
mbrcatz
27 Dec 2009
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Assuming your gross receipts around $250,000, and no one is working over three stories tall . . . The workers comp on this should run you about $18,000 a year, and the GL around $12,000, varying geographically, of course.
These are WAG numbers (Wild A** Guess) pulled out of my hat, based on prior experience. You’ll have to contact a local agent to get a REAL quote.