The word “handyman” is very broad, meaning some handymen are much more professional than others. No doubt about it, though -- the best handymen are insured.
What kind of insurance should your handyman have and why is it important?
Liability insurance
Liability insurance is an absolute must for a handyman you hire to work in your home. An uninsured worker could be a recipe for disaster.
Picture this: You bring in a handyman for a simple replacement of a faulty faucet. Something goes wrong and your home is flooded, drenching your expensive flooring and valuable furniture. Unless your handyman has liability insurance, you’re stuck with the hefty repair bill.
Workers compensation
If your handyman has employees working on your property, he should also have workers comp. This insures them in case they are hurt on the job. Without it, once again, you are left to cover the costs.
What about homeowners insurance?
True, your homeowners insurance may pay out for damages. The keyword is “may”; read the policy carefully for exact details of what’s included. And even if your homeowners policy provides some coverage, it has a pre-determined limit. After that, you are on your own.
Will an insured handyman in State Line charge a lot more?
The good news is your handyman’s liability insurance will only add about an dollar per hour to his costs. That means his quote should not be much higher than his uninsured competitor. The difference is well worth it!
We know how time consuming it can be to find a qualified contractor. That is why we’ve created 3 simple steps to finding an experienced project specialist.