Wisconsin Handyman Insurance
How much does Handyman Insurance cost in Wisconsin? For a one-person business, as low as $600 per year for general liability insurance. It depends if you have insurance now. Some of the things that first come to mind are, years of experience, claims history, where your business is located, payroll, and gross sales. If you need extras like tool and equipment coverage, workers compensation, commercial auto, or bonds, expect too more.
Let’s talk about the insurance company’s definition of a handyman or handyperson in Wisconsin. Wisconsin insurance companies consider this to be projects of short duration. A ½ day or full-day project, maybe just a couple of hours make a repair.
A small painting job, replace door locks, putting up some cabinets, installing a screen door, replacing a window or door things like that. A jack of all trades, this puts you at risk, perhaps even more than a trade-specific interior or exterior carpentry contractor.
You are buying Wisconsin general liability insurance or handyperson insurance to protect you from lawsuits and other legal liabilities, that can happen from an accident. These things can happen on or off the job site. $1,000,000/$2,000,000 or more, that is how the limits of liability are expressed. The $1,000,000 is the occurrence limit. That means the maximum amount paid per claim. The $2,000,000 is the aggregate limit, meaning the maximum amount the insurance company will pay per policy year or policy term.
Many times, there can also be a property damage deductible you should take in to account when purchasing Handyman, handy person or handywoman insurance. Common property damage deductibles are $500, $1,000, $2,500 & $5,000 for small to medium-sized Wisconsin contractors. For a more detailed definition, just click here: General Liability Insurance
Talk to one of our Wisconsin insurance agents and get the right contractor insurance for your business. Tell us about your business; we are listening. Read our Bio, then request your quote. Complete our simple, quick quote form to the right, or call us. Just dial 952-222-8073. Let’s do business!