Handyman insurance typically costs between $429 and $1,295 annually, depending on factors like the services you offer, the size of your business, and where you're located. For a small business, you’re probably looking at closer to the lower end. Need higher limits or specialized coverage? Expect to pay a bit more. It's all about balancing what you need with what you can afford.
General liability insurance for a handyman business usually falls between $429 and $1295 per year. This covers claims for property damage or injuries caused by your work. Imagine if you accidentally damaged a client’s property while repairing something—this policy steps in to cover the costs. It’s peace of mind for both you and your clients.
If you have employees, workers' comp insurance is essential—and legally required in most states. The cost varies, typically ranging from $2 to $4 per $100 of payroll.
For example, if you pay $50,000 in wages, your workers' comp premium might run between $1,000 and $2,000 a year. It protects your team if they get hurt on the job and saves you from hefty medical or legal bills.
When it comes to securing handyman insurance, USA Business Insurance has your back.
Protect your livelihood with confidence. Let us handle the details so you can focus on the job.
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