Handyman insurance 101 – which policies are right for you

It’s good business being a handyman in Australia. Everyone has those jobs that they want done but haven’t quite got the time and skills for and it’s often a handyman they’ll call to tackle all sorts of tasks. From general and commercial property maintenance to odd jobs and repairs, as a handyman you’ll always have something to do.

Although you’re busy, stay with us for a moment while we talk about the different types of insurance that apply to you. Having the right insurance in place means you can go about your business without worrying that you’re not covered if anything goes wrong.

Handyman insurance essentials

• Public liability insurance –This type of cover protects you from the cost of damage to property or injury to a person which has occurred as a result of your actions at work. For a handyman business, public liability insurance is essential as you’re working in and around home and commercial properties where there is always the risk of something going wrong.
• Property and tools cover – As a handyman, you frequently transport your tools and other gear between different jobs. For this reason, property and tools insurance is essential as it covers the cost of the equipment you carry around with you if it’s lost or stolen. This can add up to thousands of dollars and the last thing you want to do is use your own money.
• Workers compensation insurance – Workers compensation insurance is a compulsory form of cover which means that if there is a successful workers compensation claim after an injury at work or illness caused by work, the insurer can reimburse for medical bills and other expenses as well as ongoing wages.
• Personal accident and illness cover – Working as a handyman often means you’re self-employed which means that being unable to work due to sickness or injury can lead to a sudden stop in income. Personal accident and illness cover means that you’ll continue to receive a portion of your income while you’re off work so you can keep up with expenses while you recover.
• Life insurance –You work hard as a handyman to support your family but it’s also important to think about what would happen to them if you weren’t here anymore. Life insurance means that your beneficiaries will receive a lump sum payment upon your death which they can use towards paying off debt, financing ongoing expenses or as they see fit.

Get a quote today

At All Trades Cover, we speak your language when it comes to insurance. We specialise in providing cover to tradies which means we know the right questions to ask to make sure all your areas of risk are covered. Whether you’re a handyman working in NSW, WA or anywhere in between, All Trades Cover can help.

If you’d like more information about insuring your handyman business, contact All Trades Cover on 1300 826 850today or fill in our easy online form for a hassle free quote.

AllTradescover is Australia's fastest growing trade insurance provider offering low cost tradesman liability insurance and public liability insurance packages. Request a quote today.