Contact us at 607-843-8860 and insurance@drickardinsurance.com.
The Basic Fix It Guy I'm A Sole Proprietor And They Are Making Me Buy Workers Compensation I Am A Handyman With Employees
How do insurance companies define Handyman contractors?
Insurance companies in general define a handyman as someone who is hired to do a variety of miscellaneous repair work that is found in a residential setting. These would be persons who might be called jacks of all trades but specializing in none. That would mean the contractor may not be licensed in any specialty trade and may not be trained as a professional artisan. A handyman then would do some of almost anything, including a small amount of roof repair if incidental to other work at that same location or property owner. (Some insurers exclude roofing from coverage.)
Great News: We’ve found insurers will cover handyman contractors that will a small amount of roofing work. How much does insurance for a handyman cost?
As with any business the bottom line is a concern. In upstate New York State we have seen insurance policies in a range below $1,000 per year for a one-person business. For specific information on a policy that fits your needs please contact us at 607-843-8860 or email insurance@drickardinsurance.com.
Hint: The longer you have been in business and insured the better opportunity you have for the best insurance pricing. So keep your insurance even during your off-season. Jack Of All Trades
Insurers seem to class handman contractors into three categories. What is the first most basic class of handyman contractor?
The first is a person who works by himself, or with an occasional helper, and does all types of minor repairs in a residential setting but will not do any roofing only jobs. If you think this describes you, you might be surprised at the great prices we can find for you. We are happy to discuss your insurance needs with you at 607-843-8860 or insurance@drickardinsurance.com.
Note: Your helpers and "independent contractors" may be considered employees by law. NYS has specific rules for what is an employee and what is an independent contractor, see the independent contractor dropdown on this page. If the helper, independent, sub-contractor that works for you does not have their own insurance you may need to cover them under your general liability, workers compensation and NYS DBL/PFL policies. Handyman With No Employees That Needs Works Compensation
What is the second type of handyman?
One-man operations that are being forced to buy a workers compensation policy by contract. What can be done? DRickard Insurance can arrange coverage for a sole proprietor who does all of the work himself with, no employees or helpers, to acquire "if any" Workers Compensation (WC) policy that the owner excludes himself on. (We don't think a workers compensation policy that excludes the owner is in his best interests.) The actual premiums of these insurance policies depend upon coverage specific on a case-by-case basis. We are happy to discuss your insurance needs with you at insurance@drickardinsurance.com or 607-843-8860.
Note: Not all options are available from every insurer. Handyman With Employees
The third class of Handyman we can help includes all the stipulations listed above except he has full or part-time employees.
What type of handyman insurance will be needed?
- Commercial General Liability
- Completed Products and Operations
- Contractual liability
- Business Auto
- Workers Compensation
- NYS DBL/PFL
- And more
Contact us so we can custom design an insurance package for this need at insurance@drickardinsurance.com or 607-843-8860.