The handyman is a job that is very high in demand. You do need to take note that how much you can earn will depend a lot on word of mouth and your reputation. Having a very professional approach is key here, so if you don’t have insurance then now is certainly the time for you to change that. Take a look below to find out more.
1. Public Liability Insurance
This is an essential type of cover for any handyman. You have to think about how much you are going to be going in and out of your customer’s houses and you also need to think about the chances of something going wrong. Of course, it doesn’t matter how cautious you are either because even the most cautious of workers can’t prevent absolutely every accident. Public liability cover will protect you if you work as a handyman and it will also cover you if you happen to cause any harm to your clients or their property. Claims sometimes run into the thousands, and there’s a high chance that you won’t be able to afford this if you don’t have a good level of insurance so do keep that in mind.
2. Personal Accident Cover
This is another type of handyman insuarance cover. As a self-employed handyman you will probably be relying on jobs so that you can keep the money coming in. If you take time off, then this will result in lost revenue. If you become ill or unable to work at any point, then this will really impact you and this means that your finances will really take a hit. This type of cover will help you to pay your medical bills and you may even find that you can cover any other associated costs at the same time.
3. Professional Liability Cover
As a handyman, you’ll most likely stand by your work. Disgruntled customers might not share your outlook, however. If you have professional liability cover then this will help you to contest any claims that you might face, and you may even find that you are covered if you experience any losses or damages as well. At the end of the day, you have to remember that all forms of cover will come with some degree of indemnity limit. This is the maximum that an insurer will pay out in the event of something happening. The limits are usually pretty high but it’s possible for you to increase it if you want. Any claim you take out may also be subject to an excess as well. This is usually pretty low, but if you want to change your policy at any time then your insurance provider should be able to give you advice and support you are looking for.
Of course, there are many reasons why you would need to take out insurance as a handyman. If you have time off work or become ill, you will be covered. You will also be protected if one of your customers is dissatisfied with your work for any reason at all.