General Liability Handyman Insurance

There are over 91,000 handman services in the United States. Most of these operate as independent contractors or sole proprietors, while some grow into larger

There are over 91,000 handman services in the United States. Most of these operate as independent contractors or sole proprietors, while some grow into larger operations with employees and partners. Handyman services are an excellent business to start because they’re easy to grow into overtime, and everyone needs some type of help with minor home repairs and maintenance.

Handyman service people work at many different locations and come into contact with many different people each day. This increased exposure to people and a variety of work sites increases the chances of accidents. When accidents happen either because of something a business does or just because the accident happened near where the service person was working, people often blame the business. This is why handyman insurance is so important.

Every handyman company or independent contractor should carry general liability insurance for their company. It is inexpensive and provides many different types of risk protection. Liability insurance protects the company financially and legally if a person is physically hurt, if the property is damaged, if there is a problem with products the company uses if someone sues them because of their advertising, and if they rent or lease property for business use. Let’s look at each of these cases.

If a person is physically hurt or sustains bodily injuries, the bills will add up quickly. They may need to be transported by ambulance, receive emergency room care, receive surgeries, miss work due to recovery time, etc. If the person believes their injuries were caused by the handyman service, either directly or through something they did, they will want that handyman to pay their bills. They may even file a lawsuit to collect additional pain and suffering damages. Handyman insurance can pay those medical expenses, pay for the legal defense costs, and even pay judgments or settlements ordered by the court. Without this policy, the handyman would have to pay for all of these things themselves.

Property damages are another risk handyman services encounter each day. When you’re working on general repairs at someone’s house, things can go wrong. You may drop a tool and break a tile on the floor. Or an employee backs a work truck into the garage door. Regardless of what happens or why even if you were not at fault, the customer will expect you to pay for repairs. General liability handyman insurance helps pay for repairs and replacements like these, so you don’t have to.

Sometimes a complaint arises after you’ve completed your work. Maybe materials didn’t last as long as expected, or a product was recalled due to faulty manufacturing. When these things happen, the customer expects their handyman service to fix the problem or replace the faulty products. General liability insurance pays for these types of complaints against completed operations and products and supports you if the customer sues for additional damages.

Advertising injury is another way that handyman insurance is beneficial. If a competitor claims that you said something in your advertising that implied something was wrong with his company, he might sue you for slander. And if you take a picture of a customer’s house and use that in your advertising, they may claim that you did not have permission to do so. Even when you’re in the right in situations like this, spending time defending yourself takes time away from work, and that costs you money. General liability insurance covers advertising injury so that you can continue daily operations even when problems like this arise.

Leased premises damage protection is another very useful benefit of handyman insurance because most property owners will not lease business space to a company without this coverage. Handyman companies may lease storage or warehouse space to house their tools and equipment, or they may lease small retail or workshop spaces. Whether you simply need a place to park your work vehicle or you need business space for other reasons, the property that you rent or lease must be protected in case you or someone from your company causes damages. Maybe the work truck leaks oil on the storage room floor, or maybe an employee puts a hole in the wall when carrying a longboard. There are many ways damages can occur, and the property owner does not want to have to pay for repairing them. If the handyman company causes the damages, the premises damage section of the general liability policy pays for those repairs instead.

Handyman insurance is an inexpensive way to protect yourself and your company from common financial and legal risks every company has. Contact an insurance agent today and they’ll help you get it all setup.

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