Pricing numbers are based on representative partner data for 2024-2026 general liability policies. Based on policies from Sep 25, 2024 through Sep 21, 2026.
GENERAL LIABILITY
Locksmiths $39/month for general liability
WHY IT MATTERS
Why Locksmiths need business insurance
Locksmith work can involve customer property, service vehicles and hands-on tasks. The right mix of coverage can respond when an accident, injury or damage claim interrupts your work.
SCENARIO 1
A door is damaged during service
While replacing a lock, a technician damages a customer's door. General liability insurance may cover the resulting property damage claim, subject to the policy's terms.
SCENARIO 2
A work van is in an accident
An employee driving a company van collides with another vehicle on the way to a job. Commercial auto insurance may respond to covered vehicle damage and liability claims.
SCENARIO 3
An employee is injured
A technician hurts a hand while installing door hardware. Workers' compensation insurance may cover eligible medical care and lost wages, subject to the policy.
PRICING FACTORS
What determines your rate
Your actual quote depends on several factors specific to your operation:
Services you perform
Work involving vehicles, safes or electronic access systems may create different exposures than basic residential lock work, which can affect your quote.
Revenue and job volume
Higher revenue or more completed jobs can increase overall exposure and may lead to a higher quote.
Employees and payroll
Adding technicians or increasing payroll can raise workers' compensation exposure and affect the cost of coverage.
Vehicles and driving activity
More work vehicles, greater driving activity or unfavorable driving records can increase commercial auto rates.
Claims history
A history of frequent or costly claims may result in higher rates, while a clean record can support a more favorable review.
Coverage selections
The coverage lines, limits and deductibles you select affect your quote. Contract requirements should guide your limit choices.
Rate change by revenue tier
Estimated monthly premium range. These are estimates, not a quote — actual rates vary by business.
Most quoted tier: Under $100K
National data
National rate factors
For a national locksmith business, rates and requirements vary by state and by carrier, even when the services are similar.
State requirements
Insurance rules and workers' compensation requirements vary by state, so the required coverage can depend on where employees work.
Service territory
The distance technicians travel and the driving conditions they encounter can influence commercial auto exposure.
Insurance market conditions
Coverage availability and underwriting preferences can vary by carrier and location, affecting how a business is evaluated.
253
Quotes analyzed
44
States represented
3
Coverage lines
BEST RATE
How to get the best rate
List every service
Document your residential, commercial, automotive, safe and electronic access work so the quote reflects what you actually do.
Update employee and vehicle details
Gather current payroll, driver and vehicle information before requesting coverage to reduce avoidable corrections.
Strengthen everyday controls
Use written procedures for key handling, vehicle use, customer authorization and incident reporting.
Review contracts first
Check customer, landlord and vendor agreements for coverage and limit requirements before choosing a policy.
FAQ
Common questions
What types of business insurance should a locksmith consider?
A locksmith may consider general liability insurance, commercial auto insurance and workers' compensation insurance. The right mix depends on the services performed, vehicles used, number of employees and contract requirements.
What does general liability insurance cover for a locksmith?
General liability insurance may cover third-party bodily injury, property damage and related legal claims. Coverage depends on the policy's exclusions, limits and other terms.
Does a locksmith need commercial auto insurance?
Commercial auto insurance may be appropriate when vehicles are owned or used by the business for locksmith work. Personal auto policies may not address every business-use exposure, so vehicle ownership and use should be disclosed when requesting a quote.
Does a locksmith need workers' compensation insurance?
Workers' compensation insurance may be needed when a locksmith business has employees. Requirements vary by state, and the policy may cover eligible work-related injuries and illnesses.
What information is needed for a locksmith insurance quote?
Be ready to provide your services, revenue, payroll, employee count, claims history, vehicle details and requested coverage. Accurate information helps the insurer evaluate the business and prepare an appropriate quote.