What is Handyman General Liability Insurance?

General liability insurance for handymen — also known as — handyperson business liability coverage, serves as a crucial financial safety net, offering protection against typical business claims. This insurance is the primary source of support when things go wrong at job sites or premises.

Why do I need it?

Business Protection – The principal purpose of general liability insurance for handymen is to ensure businesses are protected from third-party lawsuits that may emerge from the following sources:

• Business Liability
• Contractual Liability
• Products Liability
• Employee Liability

Company Compliance – Various employers and state licensing authorities require evidence of liability insurance for handymen before commencing work.

Marketing Benefits – Offering verification of general liability insurance for a handyperson cultivates trust among potential clients, highlighting your unwavering dedication to ethical business practices and providing security for all involved. This protective measure safeguards your business, reinforces your professional reputation, and improves your prospects of securing lucrative contracts.

Property Landlords – Leasing companies commonly mandate that handyman businesses provide a certificate demonstrating adequate general liability insurance when entering into commercial property leases.

What does it Cover?

Liability insurance for handymen is vital as it offers coverage for legal defense costs and damages, up to the specified policy limits, in the event of a lawsuit initiated by a third party due to bodily injury or property damage resulting from your business activities.

This insurance provides protection to company owners, mitigating the financial consequences of unexpected costs that can arise from:

• Bodily Injury
• Property Damage
• Products-Completed Operations
• Personal-Advertising Injury
• Medical Payments

What is a Certificate of Insurance?

Issuing a certificate of insurance acts as evidence of a handyman commercial liability policy and the corresponding limits, often requested by clients, contractors, or other parties as a requirement before entering into a business partnership.

What is an Additional Insured?

In the context of a handyman business liability policy, an additional insured refers to a separate individual or entity, apart from the policyholder, who receives coverage. This endorsement is frequently requested and is regarded as the most common endorsement added to standard contractor general liability insurance.

How much is it?

Several elements impact the cost of business liability for handymen, such as the nature of the work, claims history, coverage location, and past or existing policies.

Drawing upon our team’s extensive expertise, we will conduct thorough searches among well-established insurance providers to find the most suitable coverage that aligns with your budgetary requirements.

What are my Payment Options?

With our programs, you have the flexibility to decide on the payment option that best suits your financial needs when moving forward with your general liability quote for handymen.

Full Payment Option – Pay the premium with one payment.
Direct Bill Option – Pay the monthly premium to the carrier directly.
Financing Option – Pay the monthly premium through a finance company.

What Makes Fairbanks the Preferred Choice?

Our focus on construction insurance has led us to forge strategic partnerships with renowned providers, empowering us to provide handymen with extremely competitive rates on cost-effective general liability coverage that caters to any budget. Our solutions are intricately crafted to align perfectly with their specific needs and financial aspirations.