Handyman Insurance

As a handyman, you perform a wide-range of services, from exterior work such as door installations to interior repairs and maintenance. Working on improving and maintaining people’s homes and business comes with potential risk.

 

While the hope is that every job completed is problem free, that is not the reality. Hence it is crucial to have handyman insurance. 

 

Jump To:

• What Is Handyman Insurance?

• Who Needs Handyman Insurance? 

• What Types of Insurance Do Handymen Need?

• How Much Does Handyman Insurance Cost? 

• FAQs

• Explore Your Coverage Options Today!

What is Handyman Insurance?

Handyman insurance is a specialty type of insurance that protects you and your business against industry-specific risks. The type of work performed in this industry can cause serious injuries, property damage, and accidents, leading to lawsuits and the potential loss of business and income.

Who Needs Handyman Insurance? 

Anyone that offers repairs and maintenance services professionally, whether it’s a small or large project, needs to have handyman insurance. The following is a list of the most common types of  handyman services:

 

1. General Contractors – Are responsible for hiring subcontractors, oversee construction of projects, and managing risks on-site. Independent contractors or handymen also fall under this category. Handymen also sometimes work as subcontractors.
2. Subcontractors – These are specialists such as electricians, plumbers, roofers, and painters who work under a general contractor.
3. Carpenters & Woodworkers – Handle cabinetry, custom woodwork such as wainscoting and moldings, framing, and flooring. 
4. Construction Companies – Businesses managing large-scale residential, commercial, or industrial projects. These companies usually require a team or teams of people and involve more complex projects. 
5. Electricians – Install, maintain, and repair electrical systems for both residential and commercial. Electricians face risks such as electrical fires and wiring faults.
6. HVAC Technicians – Install and service heating, ventilation, and air conditioning systems, often working with complex machinery.
7. Masons & Concrete Contractors – Work with heavy materials and equipment, making coverage for injuries and property damage essential.
8. Plumbers – Work on water, gas, and sewer systems, where leaks or damages can lead to costly claims.
9. Roofers – Face higher risks due to working at heights, increasing the chances of accidents and injuries. Also since roofing is exclusively performed in an outdoor setting, the weather can create more challenging conditions. 

What Types of Insurance Does a Handyman Need?

Depending if you work for yourself, hire a team of people, and use a vehicle for business, your insurance needs and coverage types will vary. The following are the most common insurances needed:

General Liability Insurance

General liability offers protection against claims of bodily injury and property damage caused by your work. For example, if you accidentally damage a client’s appliance while installing a kitchen cabinet, this insurance can cover the repair costs.

Workers’ Compensation Insurance

If you have employees, this type of insurance covers medical expenses and lost wages for employees injured on the job. Workers’ compensation is required in all states except for Texas. Please check with your local insurance agent for the latest information.

Commercial Auto Insurance

If you use a vehicle for business, then you must have commercial auto insurance for your vehicle(s). Your personal auto policy is not applicable to your work vehicle. Additionally, if you transport expensive work equipment and tools, it is only beneficial to have commercial auto insurance. 

Tools & Equipment Insurance

This insurance protects against theft, loss, or damage to your tools and equipment. For example, if your cutting tools are stolen from your truck, this policy helps cover replacement costs.

Professional Liability Insurance 

Also known as Errors & Omissions insurance, which covers claims related to work that is incomplete. A client can sue you for incorrectly installing a fixture that results in damages or injury. Having this type of insurance helps cover legal fees. 

Builder’s Risk Insurance (For Larger Projects)

This type of insurance is for larger-scale and complex projects. Coverage is generally limited to  damage to a worksite while construction or repairs are in progress. 

Health Insurance

While keeping your work vehicle insured is essential, safeguarding your health is just as important. If you’re a self-employed handyman, an individual health insurance plan can provide vital medical coverage, while a group health policy is a great option if you have employees. Most health insurance plans help cover expenses like doctor visits, prescription medications, hospital stays, preventive care, and more, ensuring you have the protection you need. 

 

To explore your health insurance options, get free quotes, and compare plans side-by-side, click the button below. 

 

 

How Much Does Handyman Insurance Cost? 

There are several factors that will impact the cost of Handyman Insurance, including:

 

• The type of work you do.
• Coverage limits.
• Your location.
• Claims history. 

Furthermore, whether you are an independent contractor, subcontractor, or work for a large company, the cost will vary accordingly. Higher-risk jobs will typically carry a higher cost. The average for essential coverage is between $500 and $2,500 per year. 

FAQs

Is handyman insurance required by law?

General liability insurance is not legally required in most states, but is often necessary to secure jobs or contracts. However, workers’ compensation insurance is legally required in most states if you have employees.

 

Can I get a policy if I work part-time as a handyman?

Yes, insurance providers offer flexible coverage options for part-time handymen. You can get a policy tailored to your work schedule and risk level.

 

Does handyman insurance cover subcontractors?

No, standard handyman insurance does not typically cover subcontractors. If you hire subcontractors, they may need their own insurance or be added to your policy.

 

Will handyman insurance cover damage to my own property?

No, general liability insurance covers damage to a client’s property, not your own. To protect your tools and equipment, you’ll need tools & equipment insurance or commercial property insurance if you have a workshop.

Get Protected Today with EZ.Insure!

When it comes to handyman work, having the proper insurance is essential for protecting you and your business. Handyman work involves numerous potential risks, including physical injuries, financial liabilities, and property damage. 

 

Now is the time to protect your business with EZ.Insure! As an insurance leader, our quick and simple process gives you access to free business insurance quotes, comparison tools, and a team of experts to help you find a policy tailored to your needs. 

 

To get started, simply click the button below or give us a call at 844-770-0876.