As a professional handyman for years, I’ve learned more than my fair share about handyman insurance … and why you need it! A handyman business is capable of carrying out a vast array of projects. A business owner who is in handyman services typically does minor tasks such as home repair, painting, and maintenance.
“Our customers have recommended us several times. This fact is because we respond to requests for a handyman very quickly, ” says Eric B. He runs a handyman business in San Jose. It sounds as though the business is doing fine. But this hasn’t always been the case.
“One of our regular customers asked us to mount the TV and also run some electrical works. The TV fell down from one of our workers and it got spoilt so we had to buy another one! It was a big regret that we’ve not registered for insurance. We learned from this mistake. Don’t let it happen to you! Now we work with safety and we are sure of getting value from our business owners policy.”
So, it should come as no surprise that handyman accidents can and do occur. Like for this injury that happened to a handyman in San Jose. (Eric B. has lots of handyman insurance horror stories.)
“The handyman in the course of running his handyman business was called on to help paint a remodeled house. He was on the ladder, painting the uppermost part of the house when the ladder shifted suddenly and he fell. He sustained a minor injury and it was an experience he wasn’t quick to forget. Why? Because just a few days prior to the accident, he was discussing with a fellow handyman who advised him to get an insurance policy. But he felt he didn’t need an insurance policy because he runs a sole proprietorship as a business owner.”
Handyman insurance refers to the general liability and property coverage for an unlicensed tradesman.
A handyman business should at the very least have general liability, workers compensation, and property damage with equipment coverage in the event tools are lost or stolen.
Worker’s compensation could come into play when a handyman is injured. Insurance on worker’s compensation is required especially when you have employees. Financial support can be gotten through benefits from worker’s compensation.
Another advantage of having handyman insurance is that your business will become marketable, as many more customers will only hire handymen with proper insurance. Some clients or employers may want you to carry some amount of general liability before working for them.
So how can you avoid a handyman horror story? You want handyman insurance to cover property damage, worker’s compensation, settlements, legal fees, judgments, and medical expenses. Look for rates that won’t break your budget. Ask Small Business Liability.
ASK JOHN FOR THE BEST INSURANCE QUOTE YOU’LL GET ALL DAY!