Handyman insurance

Handyman insurance

Handymen in Ontario are really fortunate. After all, they shouldn’t have any problem finding work. However, it is also true that handymen have many responsibilities. They often serve numerous purposes in a single day. Handymen may be required to perform electrical work one day and plumbing work the next. The risks are pretty high. Therefore, it is a good idea to shield your business with a sufficient amount of handyman insurance. A simple general liability insurance can shield your company from many challenges that you’ll face in the immediate future.

ProfessionalsCoverage is here to help. Our team of professionals can help you gain a better understanding of what is covered under a contractors insurance policy for an Ontario Handyman. We’ll make sure that your handyman business is covered to the fullest.

 

Cost Of Handyman Insurance

There is no universal price tag placed on handyman insurance. Some handymen in Ontario will ultimately be required to pay more than others. There are many factors that will help to determine how much your business will ultimately be forced to pay. The work you perform, number of employees, and contractual requirements can all play a role here. If you perform tasks that are deemed high risk, you’re going to be required to pay significantly more than a handyman who does now perform high risk tasks.

Many handymen are required to operate on a strict budget. If you fit into this category, you’re most definitely going to want to do your best to minimize the costs. Finding the cheapest insurance for contractors is great, but you should be cautious as well. Paying too little might cause problems in the long run. This is definitely the case, if your cheap handyman insurance policy is not providing you with a sufficient amount of coverage. Make sure that you get enough coverage to fully protect your business.

Basic Handyman Insurance Coverage Options

  • General Liability – General liability insurance is a must. After all, it is going to protect your business from liabilities associated with accidents. If you’re found legally liable, your business insurance policy will enter the picture and protect you..
  • Commercial Automobile Insurance – As a handyman, you’ll most likely be driving back and forth. Therefore, you will need commercial automobile insurance to protect your company when transporting equipment to and from the jobsite.

Other additional options

  • Business Owners Policy (BOP) – You may need a business owner’s policy. This insurance bundle can protect commercial buildings and personal property too.
  • Workers’ Comp – If you have employees, you cannot ignore workers’ compensation insurance. It is often a requirement and it’ll protect your workers.

 

Obtain A Free Quote Today!

Are you ready to find out how much contractors insurance coverage you’ll be required to obtain to legally work in Ontario, Canada as a Handyman? If so, you need to get in touch with us at ProfessionalsCoverage. Our team will provide you with a free quote that will show you tentative cost with absolutely no obligation.

 

get a quote now

 

Handyman Disability Insurance

You biggest asset in life is your earning ability. If you are unable to work, you will need to rely on either your savings or borrow money to sustain your lifestyle. When these unfortunate circumstances occur, dependents and spouses are also impacted financially and emotionally.

Disability insurance coverage will provide you a monthly income benefit, usually totaling 70% to 80% of your income, when you are unable to work for a period of time due to injury or illness.

 

Types of Disability Insurance we offer

 

Other useful information

 

Other type of contractors we commonly insure

 

Frequently asked questions before buying HVAC technician insurance