Handyman Insurance
As a handyman, you’re the go-to professional for tackling a wide range of repair, maintenance, and improvement tasks. Whether you’re fixing a leaky faucet, repairing drywall, or installing light fixtures, your work helps homeowners and businesses stay functional and safe. But with that variety comes risk, and without the right insurance, even a small mistake can lead to financial loss, legal headaches, or damage to your reputation.
Executive Choice Insurance offers tailored handyman insurance designed to protect your business from the unexpected. With us, you get the peace of mind you need to keep growing your business confidently and professionally.
Why Handyman Businesses Need Insurance
Handyman work may seem low-risk compared to larger construction jobs, but in reality, it comes with many of the same challenges:
- Property Damage Risks: Accidentally cracking a client’s countertop, damaging a wall, or breaking an appliance can result in costly repairs.
- Bodily Injury Risks: A client tripping over your tools or you accidentally injuring yourself or a helper on-site can lead to medical bills and lawsuits.
- Theft or Equipment Loss: Tools and equipment are essential for your work, and they’re often at risk on job sites, in transit, or in storage.
- Contractual Requirements: More clients, landlords, and property managers now require proof of insurance before hiring a handyman.
- Legal Compliance: Depending on your state and the size of your team, you may need workers’ compensation and other coverages.
Without the right insurance, a single incident can drain your business resources or even shut you down.
Essential Coverages for Handyman Contractors
A well-rounded insurance package will help protect you from the most common risks on the job.
Here’s what we recommend for handymen:
General Liability
Insurance
General liability is the foundation of your coverage. It protects your business from third-party bodily injury, property damage, and personal injury claims. For example, if you accidentally damage a client’s plumbing or a customer trips over your toolbox, general liability helps cover medical expenses, repair costs, and legal fees.
Workers' Compensation Insurance
If you have employees or helpers, workers' compensation insurance is essential, and often legally required. It covers medical expenses, rehabilitation, and lost wages if an employee is injured while working. It also provides death benefits to a worker’s family in the event of a fatal accident.
Commercial Auto
Insurance
If you use a van, truck, or car for your handyman business, personal auto insurance likely won’t cover you. Commercial auto insurance protects your business vehicles and covers liability if you or an employee is involved in an accident while on the job.
Tools & Equipment Insurance
Your tools are your livelihood. Tools & equipment insurance (sometimes called inland marine insurance) covers theft, loss, or damage to your tools whether they’re at a job site, in transit, or stored at your shop or home. This coverage ensures you can get back to work quickly if something goes wrong.
Professional Liability Insurance
Professional liability insurance (also known as errors and omissions insurance) provides extra protection if a client claims your work or advice caused them financial harm. This is especially useful for handymen offering consulting or specialized services.
How Much Does Handyman Insurance Cost?
Several factors affect the cost of handyman insurance, including:
- Size of your business and number of employees
- Annual revenue
- Types of services offered (general repairs, plumbing, electrical, etc.)
- Equipment and vehicle value
- Claims history
- Coverage limits and deductibles
On average, small handyman businesses pay between $500 and $2,500 per year for basic general liability insurance. Adding workers’ compensation, commercial auto, and tools & equipment coverage can increase the total to $3,000 to $6,000 or more per year depending on the complexity of your operations.
Executive Choice Insurance works hard to find you affordable, comprehensive options that fit your needs and your budget.
Certificate of Insurance for Handyman Jobs
A Certificate of Insurance (COI) shows clients that you have proper insurance coverage. Many homeowners, landlords, and property managers will require a COI before hiring you. Without it, you may lose out on jobs or face project delays.
At Executive Choice Insurance, we prioritize fast COI delivery so you can secure work without unnecessary delays.
Why Choose Executive Choice Insurance for Your Handyman Business
Executive Choice Insurance isn’t just about selling policies, we’re here to help protect your livelihood.
Industry Knowledge
We understand the unique risks of the handyman profession.
Customized Coverage
We build policies around your specific services and operations.
Access to Top Carriers
We work with multiple insurance companies to find you competitive rates.
Responsive Service
Need a quote, COI, or help with a claim? We’re just a call or email away.
Peace
of Mind
We help you focus on doing great work while we handle the risk.
FAQs About Handyman Insurance
Yes, even solo operators face liability risks, and clients may require proof of insurance.
That depends on your state laws and contracts, we can help you figure it out.
We provide COIs quickly, often within the same business day.
Tools & equipment insurance helps cover the cost of replacing stolen or damaged equipment.
Get a Free Handyman Insurance Quote Today
Protect your handyman business with insurance that works as hard as you do. Contact Executive Choice Insurance today for a free, no-obligation quote, and let us help you build an insurance package that protects your business, your clients, and your future.
Contact Executive Choice Insurance today and empower your business with the right protection. When you’re covered, you’re unstoppable.
Coverage availability, limits, costs, and legal requirements may vary by state, industry, insurer, and project type. This content is for informational purposes only and does not constitute legal or insurance advice. Please consult with Executive Choice Insurance to discuss your specific business needs and receive tailored guidance.