How does insurance for handymen work?
Handy cover with a range of benefits
As a handyman or handyperson you’ll be used to carrying out jobs of all different varieties, you’re skilled in a wide range of repair and maintenance type tasks, carrying out work for domestic and commercial clients. Our cover has been designed to give you the peace of mind you need to go and carry out your daily duties. Insurance for handymen is simple, cover can be tailored dependant on the types of jobs you do. Whether that means working from heights or depths or working with heat. Perhaps you need cover to protect your vast array of tools –we’ve got you covered their too.
At The Insurance Octopus, our comprehensive, low-cost business insurance policies are designed to allow you to add, remove, increase or decrease all areas of your policy. You will be able to tailor your insurance to the way you want and need it to ensure all of the essential cover you need in one business insurance policy. Having a comprehensive business insurance policy will help you protect yourself and your business. Whether you only need a general handyman insurance policy or you specialise in a specific role we can help you save time and money on getting the right policy for you and your business.
What your handyman insurance policy includes
Public Liability cover for handymen
Public Liability insurance covers your business if someone gets hurt or property is damaged in the course of your business. Standard levels of cover are available at £1, £2m, or £5m, with higher levels available upon request subject to insurer’s terms and conditions. Public Liability will protect you should there be a legal case for injury or damage.
Employers Liability cover
Employers Liability insurance is a legal requirement if you employ anyone or pay sub-contractors to complete works on your behalf with your tools and equipment. An Insurance Octopus standard Employers Liability Insurance policy is £10m cover.
Tools cover helps you as a handyman, and protects your tools. Tools are expensive investments that need to be safeguarded should they ever be stolen or damaged. Replacing or repairing your trade equipment can be costly so you need to be covered for all eventualities. Tool insurance can provide comprehensive cover so that you can replace any damaged, lost or stolen items and keep your business running smoothly.
Personal Accident cover
Personal Accident cover will pay you or a member of your staff a weekly amount or lump sum should you or they be injured during the course of employment. The level of payment made will be dependent on the disablement or injury.
Why you need handyman insurance
Your business insurance policy from The Insurance Octopus will include fundamental elements of insurance that a tradesman or contractor could need whilst working including liabilities, full tool and equipment cover.
You can also add additional covers and we will endeavour to help you tailor your business insurance policy to the needs of your business. There are many risks associated with being in a trade specific occupation, and there are areas of risk that you may need to consider when looking for business insurance.
In addition to our standard handyman insurance package, if you are a specialist in a particular field of trade you may need to amend your policy to be specific to your business: for example, you can specify areas such as working up to 50 meters in height, having over 75% of your work using heat, or working deeper than the standard 2-3 meters.
Cover for a wide range of trades
One of our tradesman insurance specialists will discuss your business requirements with you and look to compare quotes from major UK insurance providers. You’ll get a bespoke policy that ensures you only pay for the cover you need. Trade insurance options are also available via our panel of UK brokers covering you for sector specific situations as required.
Same day insurance cover
We can provide you with your business insurance and documents on the same day in most cases (subject to time of day restrictions), offering a range of flexible payment options, including Direct Debit.
Why choose The Insurance Octopus for Handman Insurance?
We proudly make buying insurance different and our cover comes with a range of benefits.
Up to £5 million of cover
Claims can be expensive, that’s why we offer up to £5 million worth of public liability cover for Tradesmen - with more available upon request.
Fast specific cover
To help save you both time and money. We compare prices from a range of different insurers so you don’t have to.
A specialist who knows your industry
We'll connect you with an agent who specialises in your field. They understand many of the challenges you face, and can truly get to grips with the type of cover you need.
Easy claims process
Accidents can happen, so when something does go wrong you can rest easy knowing our team is on hand to make the claims process as quick and stress free as possible.
Octopus customer rewards
We pride ourselves on the value we offer our customers, and with Octopus Customer rewards we give our customers a few additional benefits to their insurance such as discounts and offers to save them money.
No mid term fees, ever
We don’t charge any mid-term fees at all during the life of your policy – so there are no hidden fees following any changes you might need to make.
Handyman Insurance FAQ's
Get the answers you're looking for
Do I need employers' liability insurance for part-time workers?
Whether you have part-time workers, temporary workers or seasonal workers, employers’ liability insurance is a legal requirement for any business who has staff. This is because it will protect your employees and ensure that they have a safe and secure surrounding to work in. The only situation that you would not need employers liability insurance would be if you work alone and are self-employed, or if you’re exempt.
How much does handyman insurance cost?
As with all of our bespoke insurance policies and packages, defining a cost without full knowledge of your businesses requirements is not a possibility. To ensure that you are given the fairest, most informed price possible, it is important that you speak to one of our friendly agents and discover how much your insurance will cost. As a rule of thumb, smaller businesses who require less separate cover types or policies will be cheaper than larger companies or those who require coverage across a range of areas.
What level of indemnity cover does a handyman need?
A handyman is recommended to have a relatively high level of indemnity cover. This is because handymen and women spend a lot of their jobs helping customer’s decision-make or plan how to execute odd-jobs around a house and wish-list updates. Consequently, this means that there is more chance of causing damage or disruption to a property. Indemnity insurance will protect you against third-party property or personal damage, making it ideal for self-employed and small business handymen.
Handyman insurance claims example
Examples of Handyman Insurance in action
Handyman’s £20k Stair Carpet Disaster
A handyman at a block of flats was vacuuming the building's stair carpets when he noticed a section of the carpet had come loose. He tacked it down hastily but didn't notice it had rucked up slightly. Soon after, a resident was walking down the stairs and tripped on that piece of carpet, taking a tumble and breaking an arm, as well as receiving some minor head injuries. The resident had to take time off work and sued for compensation. The handyman's public liability insurance saved him having to pay £20,000 out of his own pocket.