Why Does a Handyman Need Insurance?
Mildred Austria

Having your own small business is fantastic, but you need to make sure that you are doing everything in your power to properly protect it. For certain vocations, it can be incredibly necessary to have certain insurance policies in place to ensure it is correctly protected. A great example of this is for handyman businesses. Let’s take a closer look at why handymen should ensure that they have the right insurance policies in place.


Insurance can be massively beneficial in helping you build a good reputation for your business. Nowadays, people research their contractors closely to ensure that they are finding one who is going to be able to help out and not swindle them out of money with substandard repairs.

Having insurance policies is a great way to indicate your legitimacy to potential clients. By having a comprehensive set of policies protecting you, you will be able to demonstrate that you are able to protect yourself and their property if any mishap were to happen and that you have the means to fix it again. This is key and can help build you a reputation for being trustworthy.


The single most important reason to have insurance on your side is for the protection from lawsuits and other claims that could cost you a lot in legal fees and potential compensation payouts. With the correct set of protections from a provider like Next Insurance, you can be certain that you are going to be able to deal with anything that is thrown at you.

For example, let’s consider a scenario where a customer trips over one of the power cords for your tools. They then place a claim against you to cover the cost of their medical bills. Your insurance will help you cover the costs it might take to defend against the claim, and it might also help you pay for the compensation if needed without having to rely on something like a loan.


As a handyman, your tools are going to be incredibly important. You will have no doubt invested a lot of time and effort into finding ones that are of the best quality, and losing them simply isn’t an option. Not only will it cost a lot to replace them, but you might also have to turn down certain jobs simply because you do not have the equipment needed to properly fulfill them.

Having a tool insurance policy can majorly help here for this reason. Should you lose your tools, you will be able to access the funds needed to replace them for a like-tool quickly, meaning you should not have too much downtime.

If you are a small-time contractor, you need to make sure that you are properly protected so your business can thrive no matter what is thrown at it. Insurance is always going to be a key part of this. Ensure that your company is adequately protected and get the insurance policies you need to do so as soon as possible.