How to Reduce Painter & Decorator Insurance Premiums

Practical ways for painters and decorators to lower insurance costs without compromising cover

CALL FOR EXPERT ADVICE
GET A QUOTE NOW

We compare quotes from leading UK insurers

  • Allianz
  • Aviva
  • QBE
  • RSA
  • Zurich
  • NIG

Reducing Insurance Costs for Painters & Decorators

Insurance is essential for painters and decorators, but that doesn’t mean you should be paying more than necessary. Premiums are calculated based on risk - and many tradespeople unknowingly increase their costs through avoidable mistakes.

This guide explains practical, insurer-approved ways to reduce painter and decorator insurance premiums while maintaining strong protection and contract compliance.

What Increases Painter & Decorator Insurance Premiums?

  • High public liability limits without justification
  • Poor claims history or frequent small claims
  • Unclear or inaccurate business descriptions
  • Lack of risk management or safety controls
  • Over-insuring tools or hired equipment

Proven Ways to Reduce Your Insurance Premium

Choose the Right Level of Public Liability

Many painters automatically select £5m of public liability cover when £1m or £2m would be sufficient. Higher limits increase premiums and are often unnecessary unless required by contract.

  • Match cover limits to actual contract requirements
  • Avoid over-insuring “just in case”
  • Review limits annually

Be Accurate About Your Work Activities

Vague or incorrect descriptions can push you into higher-risk rating categories. Clear, accurate details help insurers price your policy correctly.

  • Specify painting & decorating only
  • Declare work at height accurately
  • Avoid unnecessary high-risk extensions

Improve Site Safety & Risk Management

Insurers favour tradespeople who actively reduce accident risks. Simple safety practices can directly influence premiums.

  • Use warning signage and barriers
  • Secure ladders and access equipment
  • Maintain clean, organised work areas

Avoid Small, Frequent Claims

Multiple low-value claims can increase premiums more than a single large claim. Consider paying minor losses yourself where sensible.

  • Use excess wisely
  • Preserve clean claims history
  • Focus on prevention
GET A QUOTE NOW

Consider a Combined Insurance Policy

Combined painter and decorator insurance packages are often cheaper than purchasing public liability, tools, and personal accident cover separately.

  • One policy, one renewal date
  • Discounted package pricing
  • Simpler administration

FREQUENTLY ASKED QUESTIONS

+- Why are painter and decorator insurance premiums rising?

Premiums rise due to increased claims costs, higher compensation awards and greater insurer scrutiny of trade risks.

+- Does reducing cover always save money?

Not always. The key is matching cover to your actual risk rather than cutting essential protection.

+- Can a broker help reduce premiums?

Yes. Specialist trade brokers understand insurer criteria and can structure policies to achieve better pricing.

+- Is combined insurance cheaper?

In most cases, combined policies are more cost-effective than separate covers.

+- How often should I review my insurance?

At least annually, or whenever your work activities, turnover or contracts change.

Related Blogs