If you’re thinking about starting a handyman business, then you’ve probably thought about handyman insurance. At Ashburnham Insurance, we understand that both starting a business and shopping for insurance can be overwhelming, so in this article, we are going to cover a lot of the things that you need to know about handyman insurance. That way you can sleep easy knowing that you’re getting the right coverage for the best price.
Do I Need Handyman Insurance?
If you are running a handyman business and someone gets hurt or something gets damaged you will find yourself financially liable. Whilst it isn’t a legal requirement, insurance is important. Not only does it help protect you from claims made against you or your handyman business, but having handyman insurance can also help you convert potential customers into sales.
Handyman insurance won’t generally be a deal-breaker for domestic clients, just a way to limit the risks in case you damage a customer’s home. However, most property management companies and contractors will insist on seeing certificates of insurance, you won’t want to miss out on those types of business opportunities just because you don’t have coverage.
What Type of Insurance Does a Handyman Need?
Some handymen will take on almost any project that comes their way, whilst others may specialise in certain trades, such as carpentry for instance. This means that a single insurance policy isn’t necessarily going to offer appropriate coverage for every type of handyman job.
Different insurance companies usually have different exclusions, things like water damage are often hidden in small print, so it is important to find a policy that covers all of the services you plan to offer. Before purchasing any insurance, take a look at the coverage outlined in the policy and determine if you will actually be covered for the services that you will be providing. You do not want to pay for insurance that doesn’t cover the handyman services that you offer.
There are many different handyman insurance plans, covering things like public liability insurance, professional indemnity insurance, and even goods in transit and tools cover. As a handyman, your tools are necessary to make a living and having tools cover means that you will be able to replace your tools if they are damaged or lost due to theft or vandalism. Since there are no actual requirements for handyman insurance, you should consider the overall risks that apply to you as an individual or to your business when purchasing a policy.
Where Can I Get Handyman Insurance?
Having the right insurance cover will help protect you from financial ruin and get more customers by showing them that you’re responsible when it comes to both their home and your business. It demonstrates that, as a handyman, you are concerned about the safety and protection of your customers and their property and in the event that anything does go wrong, such as you damage the property or someone gets injured, you can rest assured that you will be financially protected.
Ashburnham Insurance provides quick and easy quotes for all types of handyman insurance. Simply answer a few questions online or over the phone and we can provide you with a customised quote. Whether you have separate business premises or are based at home, whether you employ people or work on your own, we’ll help you find quality cover in minutes, taking the hassle out of business insurance.
Click here or call us today for a quote!