Handyman Insurance

What Type of Insurance Do I Need as a Handyman?

While every handyman business is different, there are specific insurance policies we typically recommend for professional handymen to keep them protected. Take a look at the types of insurance we recommend for handyman businesses, including what they can cover.

General Liability Insurance for Handymen

General liability insurance — also known as commercial general liability (CGL) insurance — covers you and your business in case of third-party damages, accidents, and/or lawsuits.

General liability insurance can provide you coverage if:

You cause damage to a customer’s property. For example, if you accidentally damage furniture or break an heirloom vase, your handyman insurance can cover the costs of repairing or replacing these items.

You cause an injury. Handyman insurance can cover the costs of the customer’s medical bills and any legal fees, so you don’t have to pay for them out of your pocket.

You get sued by a customer. General liability coverage can cover most costs associated with personal injury lawsuits, up to your policy limit.

General liability insurance usually doesn’t cover your work vehicles, tool theft and/or damage, professional mistakes, and legal disputes with employees.

Learn more about General Liability Insurance.

Contents Coverage for Handymen

If you’re like most handymen, you’ve invested a lot of money building up your tools and equipment. But what would you do if they were damaged or stolen?

That’s why we recommend adding contents coverage to your overall handyman insurance. Contents coverage provides financial protection in case your tools are damaged or stolen during the course of your work. If this happens, your policy may cover the cost of repairing or replacing your work tools (up to your policy limit).

Our contents coverage can be affordably packaged with our general liability insurance, so be sure to request it when shopping for a quote.

Workers Compensation Insurance for Handymen

If you have full- or part-time employees, your state may require you to carry workers compensation insurance for your handyman business.

Here’s how workers compensation insurance works: If an employee gets injured on the job, this insurance can cover medical costs and lost wages. Carrying workers compensation can provide security and protection, as having this coverage prevents an employee from suing your handyman business for their workplace injuries.

Workers compensation insurance usually covers:

Handyman Business Insurance FAQs

Finding handyman insurance doesn’t have to be a hassle. Check out our answers to the most frequently asked questions about handyman business insurance, including helpful links to resources exclusively for handymen.

Does a handyman need insurance?

Absolutely! Handyman insurance can be fundamental for protecting you, your personal finances, your tools, and the health and property of your customers. Without handyman insurance, you’re personally liable for any damages or accidents your business causes. That means you’d have to pay those bills out of your pocket, and sometimes those bills can be large enough to put you out of business.

What does handyman insurance cover?

Handyman insurance can be customized to provide protection against the biggest risks to your business. So whether you need just general liability insurance to cover you in case of property damage or you want to insure your tools, we can add these policies to your overall handyman insurance coverage.

How much does handyman insurance cost?

If you’re wondering how much handyman business insurance costs, the answer usually depends on several factors, like:

• How many employees you have
• The location you serve
• The types of projects you specialize in
• And more

Want to find out how much your handyman business insurance will cost? Just click here to answer a few questions about your business.

Is handyman insurance a legal requirement?

It depends on your state of residence; however, even if you’re not required to be insured in your state, there are several reasons you should carry it:

• Handyman insurance prevents you from paying for property damage and accidents out of your pocket.
• It can cover legal costs in case your business gets sued.
• Customers may be reluctant to hire you unless you have the insurance coverage.
• It can help you get approved for a contractor’s license.

Why Choose Simply Business?

Simply Business is an online business insurance brokerage that lets you compare and buy policies from top insurers. We have over a decade of experience in making business insurance clear and simple for our customers.

We pride ourselves on making business insurance:

• Fast and Affordable: You have better things to focus on, like running your business. Our policies are fast, affordable, and ready when you are.

• Tailored to You: Forget one-size-fits-all insurance. Get the protection your business needs, when you need it most.

• Flexible with Coverage: Whether you need increased coverage for the busy season or a policy for a large project, Simply Business can help.

After all, you’ve worked hard to build your handyman business. That’s why we offer the best coverage to protect it.