As the work of a handyman is physical in nature, they may be causing injuries or damages to the properties of the third parties. In some cases, the third parties may claim that the work done by the handyman is not up to the contractual standards. A handyman is required to have a license bond to perform his work, because they are legally required by state or federal governments.
It is very important for a handyman to purchase commercial general liability insurance cover, as it protects him from the claims of bodily harm, personal injury, advertising injury and damage to the property of others during the course of business. For example if a client slips and falls at the office, general liability will cover the legal expenses and also the clients medical expenses.
Products completed operations coverage protects handyman from claims arising out of work related losses or damage caused to a client. It also covers for the damages caused by the failure of products because of improper installation. Completed-operations coverage provides for legal defense and any damages caused by the handyman. If the general liability coverage includes protection for care, control and also custody, it will be very helpful for the handyman because it protects customers' property from damage or loss while it is in his possession.
The type of insurance cover required for a handyman depends on the nature of the work he is doing because there are wide range of tasks from minor to major, from unskilled to highly skilled, and include painting, drywall repair, remodeling, minor plumbing work, minor electrical work, and furniture assembly.
While purchasing a general liability insurance a handyman has to consider the quality of the insurer and the premiums affordable by him.
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