(888) 900 0205Handyman Insurance (Liability Coverage)
As a handyman, you probably have a variety of job responsibilities, like repairing appliances, fixing major home systems, identifying potential hazards, and performing assessments. In addition, handymen often use ladders, power tools, and other heavy equipment while on a residential or commercial job site.
To protect your business from these risks, having handyman liability insurance is important. Insurance can help pay for your legal fees in the event of a third-party claim. Also, if you’re looking to expand your business and find new customers, having liability insurance shows prospective clients that you’re a responsible business owner.
What’s Covered Under Handyman General Liability Insurance
Here are the coverages that come with a handyman liability insurance policy.
Bodily injury. Bodily injury insurance will cover your liability when someone is injured on a job site. For example, imagine that you’re working at a customer’s home, and you accidentally leave a power tool plugged in. The homeowner trips over the cord and breaks their ankle. In this case, bodily injury liability insurance can pay for your legal fees if you get sued. It would cover the homeowner’s medical bills.
Property damage. Property damage insurance applies if you accidentally damage someone else’s property. So, for instance, let’s say you are inspecting a customer’s plumbing system and you unintentionally dislodge a pipe that ends up causing water damage. Property damage liability insurance would help pay for the repairs.
Products and completed operations. Even after a job is complete, you can still face legal issues if the client finds something wrong. For example, if you painted someone’s home without proper ventilation, and weeks later, the client complains about an air quality issue, you could find yourself in a legal situation. Products and completed operations insurance would pay for your lawyer fees.
What’s Not Covered Under Handyman General Liability Insurance
Here are some of the things that handyman liability insurance will not cover:
- Intentional injuries or property damage
- Injuries to employees
- Tools and Equipment
Other Insurance For Handyman
Besides general liability insurance, there are a number of other policies that can be beneficial for handymen and general repair businesses. Here are some other kinds of insurance you might want to consider:
- Business Personal Property
- Auto Insurance
- Workers Compensation
- Tools Coverage
- Surety Bond
- Excess Liability
Handyman General Liability Insurance FAQ
We’re big believers in keeping things simple, so ask us anything and we’ll answer honestly and without the jargon.
Why Do Handymen Need Insurance?
Handymen need insurance because they face a number of risks on the job. Accidents can happen in any environment, even if you’re taking all the right safety measures. Liability insurance can protect you in third-party claims, so you don’t have to use money from your business to pay for legal fees. Having handyman insurance also shows customers that you’re a trustworthy and responsible business that is worth hiring.
What Are The Risks Facing Handymen?
Handymen face lots of risks on the job, whether they are inspecting a home, painting, spackling walls, laying tile, or building furniture. Handymen also tend to use heavy equipment and machinery, and use tall ladders for interior and exterior work. This can increase the risk of injuries, like falls, cuts, and burns, as well as accidental property damage on a job site.
Is General Liability Insurance Required for Handymen?
General liability insurance may be a legal requirement for handymen, depending on your location. You can check into the requirements for your location by contacting your state’s department of commerce. Typically, you only need insurance if you need a license to operate your business. However, some landlords require business owners to carry general liability insurance in order to rent or lease office space.
Are Monthly Payments Available For Handyman General Liability ?
Most Handyman General Liability policies come with monthly payment plans. Usually a down payment is required to start a policy. Please ask us about low down payment option.
What Are The Penalties To Cancel My Policy ?
We don’t penalize our customer. When you cancel your Handyman General Liability, you are not required to pay additional fees or penalties. You are however required to pay your premium dues up to the cancellation date. The remaining payments will be cancelled after a cancellation is processed.
How Much Is Handyman General Liability Insurance ?
When you purchase handyman liability insurance, you pay a premium, which is the cost of keeping your coverage in force. The cost of handyman general liability insurance depends on several factors, including the size of your business, where your business is located, your policy limits, and your deductible. For handymen, the cost of general liability insurance starts at $39 per month.