Specialized Insurance For Your Handyman BusinessGet Your Quote
As a handyman, there’s nothing you can’t fix. From remodeling kitchen cabinets to fixing leaky bathroom pipes, you spend a lot of your time helping customers with projects around the house.
Since you work in other people’s homes, you need handyman insurance to keep your business protected. Accidents happen - and without this coverage, you could end up paying for them out of your own pocket.
At Simply Business, we make sure you have the kind of coverage that’s customized for your handyman business. We’ll take the time to understand your business’s risks, so you can enjoy the peace of mind that comes from knowing you’re fully covered.Get Your Quote
Handymen face highly unique risks based on the kind of services they specialize in, the location they serve, and the type of projects they take on. That’s why Simply Business makes it easy to tailor your coverage, so you can get exactly what you need.
Wondering what insurance coverage you might need to keep your handyman business protected? Take a look:
Handyman liability insurance - also known as general liability or commercial general liability (CGL) - is a type of policy that covers you and your business in case of damages, accidents, and/or lawsuits.
General liability insurance can provide you coverage if:
You cause damage on a customer’s property. This coverage is pretty important for handymen, since you’re spending time on other people’s properties. For example, if you accidentally destroy furniture or break an heirloom vase, your handyman insurance can cover the costs of replacing these items.
You cause an injury. Let’s say you’re installing crown moulding on a customer’s living room ceiling when he walks in and trips over your tools, which were left on the floor. Handyman insurance can cover the costs of the customer’s medical bills and any legal fees, so you don’t have to end up paying with your personal funds.
You get sued by a client. Liability coverage can cover most costs associated with personal injury lawsuits. For example, if one of your employees posts demeaning information about one of your clients online and that client sues your business, your policy can cover your legal costs up to your coverage limits.
Handyman liability insurance usually doesn’t cover:
Got more questions about general liability insurance? We’ve got answers!
Another important policy you’ll need is workers compensation insurance. This type of business insurance covers you in case an employee gets sick or injured on the job. Workers compensation insurance is also legally required as soon as you hire your first employee, so you’ll need this policy to keep your handyman business compliant with the law.
In other words, you don’t want to be without it!
Workers compensation insurance can cover some lost wages, as well as medical and legal costs associated with the injury or sickness. For example, if an employee falls off a faulty ladder and hurts his back, your policy can cover his resulting medical costs and lost wages while he recovers. If your employee decides to sue you because of the accident, your workers compensation insurance can cover the cost of the claim as well as attorney fees.
Learn more about workers compensation insurance here.
If you’re wondering how much handyman business insurance costs, the answer usually depends on a bunch of factors, like:
Want to find out how much your handyman business insurance will cost? Just click here to answer a couple of questions so we can help you learn how much your specific policy will cost.