Before you embark on the journey of finding the appropriate insurance policy for your handyman business, it is vital to properly evaluate your risks. Is your company at a heightened risk for damaging someone else’s property? Do you often experience theft or unforeseen accidents and damages? Sitting down and determining the risk of level of each of these potential situations will help you in pinpointing the amount of coverage you need, as well as which policy accommodates your risk profile best.
- Assessing your company’s overall risk during day-to-day operations is a great starting place in finding the most suitable insurance policy.
- Many contractors decide to stick with companies they already have a working relationship with for an enhanced feeling of security and familiarity.
- When choosing amongst several insurance providers, be sure to evaluate liability limits, coverage, cost, and consumer reviews.
“You can shop for handyman business insurance by contacting providers directly, using an online marketplace or working with a broker.”
Read more: https://www.nerdwallet.com/article/small-business/handyman-business-insurance