It is called handyman insurance but it applies to both men and women if they are involved in providing general maintenance and repair services to any customers. It is fair to say that the vast majority of customers will be homeowners but there will be business owners in there as well. These people will call on you because they lack the necessary skills to complete such a job or they just don’t have the time because they are concentrating on making a success of their business enterprise.
Whatever the reason, there are literally thousands of other handymen just like you working out there every single day and they remain independent contractors who work by themselves.
This means that they must have the necessary handyman insurance in place to protect themselves from all eventualities. It may be that a job is too big for one single person and so you may have to reach out and hire other people to work for you at any given time.
The purpose of having the right insurance in place is to protect you, to protect your business, and to protect others if something goes wrong. You will counter a number of risky jobs almost every day because of the nature of your work and you will be working inside and outside properties so there is an increased chance that something might go wrong. There are a number of situations where you may find yourself in danger and the following are some of these.
• To cover the client – This might seem a little strange to you because you want to take out handyman insurance to protect yourself if you are climbing up a ladder for example and you slip and fall. A situation may occur when you are doing your job and you are following all safety protocols and your client still finds a way to hurt themselves as a direct consequence of your equipment being there to do the job even though you are on a work break.
If they were to fall over your ladder or other equipment that you use for your job then there will be an expectation from them that you will pay for all hospital costs and any other related medical care costs. This is where your handyman insurance becomes invaluable because it will help to pay for all of the expenses incurred.
• Accidental damage – No matter how many safety steps that you take to make sure that no incidents occur, they may happen anyway. One example is if you were doing repairs on the wall of a client’s home and you accidentally damaged electrical wires hidden within the wall. It would be very expensive if you had to pay to fix this kind of thing by yourself but your handyman insurance will pay for any repairs or replacements that need to be made.
These are just two examples where something could go wrong on any given day and there are numerous more. It just makes sound business sense to protect yourself and your customers at all times and so putting an insurance policy in place that covers all eventualities is a very smart business decision.