In Australia there is a huge number of handymen (and handywomen!) providing services to householders and small businesses.
As with all workers in the trades and services industry, a handyman will need public liability insurance to ensure that they are protected in the event that something goes wrong on the job.
Trade Risk looks after the insurance needs of hundreds of handymen from all over Australia. For an instant quote on your public liability insurance please click here or call us on 1800 808 800.
As the average handyman undertakes work covering a huge range of types, it can sometimes be difficult to obtain the right business insurance for your needs.
In this guide we will take a look at some of the important factors for anyone considering handyman insurance.
Classes of Handymen
The insurance companies generally split handymen into two separate categories for the purposes of public liability insurance. These are handymen who also do electrical or plumbing work, and those who do not.
Of course electrical and most plumbing work can generally only be done by a qualified tradesperson, however the insurance companies do recognise that some qualified tradespeople do work as handymen rather than concentrating on a single trade.
Some insurance companies also differentiate handymen depending on the locations they work in. All companies will cover handymen working in domestic locations, but fewer are willing to cover handymen working in commercial locations.
When taking out handyman insurance it is important to tell the insurance company or your insurance broker about all of the locations you may work in. If you don’t, there is a risk that a claim could be declined if it is in a location that the insurer wouldn’t normally cover.
There are three main types of insurance that the average handyman will need to consider. These are public liability, tool insurance and income protection.
Generally speaking there are no specific requirements for handyman insurance from a government perspective, however many companies contracting handymen will have their own insurance requirements in place.
Public Liability Insurance
The most commonly requested form of insurance for handymen is public liability insurance.
Public liability covers a handyman for any property damage or personal injury that he causes to others in the course of his business.
Many companies will require that any handyman doing work for them must have a public liability insurance policy in place, and must be able to provide a copy of the certificate of currency.
Due to the diversity of work that a handyman can undertake, it’s not unusual for a handyman to have a big collection of tools.
Often your tools are a big part of your livelihood, so you need to protect them. Tool insurance is a great way to protect your tools from theft, fire and storm damage as well as damage caused in a vehicle accident.
As many handymen are self-employed contractors, they are not covered by sick leave or worker’s compensation.
Income protection can replace up to 75% of your income if you cannot work for a period of time due to injury or illness. There are quite a few options to consider when looking at income protection, so it’s best to speak with a financial adviser before taking out any cover.
What our clients say
We take a lot of pride in the high level of service and competitive premiums that we offer to handymen.
The following are genuine reviews from handymen who are recent clients of Trade Risk.
You can find more reviews and ratings from Trade Risk clients by visiting our testimonials page.
Handyman Insurance Quotes
At Trade Risk we have helped plenty of handymen with their insurance needs, and we would be more than happy to provide you with quotes on a range of insurance products that may suit your needs.
We have access to a team of insurance professionals who can assist you. Whether you’re looking for the cheapest cover or the most comprehensive cover, our team can help.
When comparing handyman insurance quotes it is important to ensure you are comparing apples with apples. Not all insurance policies are equal, and the last thing you want is to have a claim declined because you chose the wrong policy.
Our team are trade insurance specialists and will help you with quotes, recommendations and advice to get you the right cover for your needs that also suits your budget.
To get a quote on your handyman insurance simply complete our online quote request or call our office.