6 Best Handyman Insurance Companies & Quotes 2023

When shopping for a handyperson policy, Simply Business provided five quotes from carriers, including Hiscox. The average price for the policies was $977 annually, and there was no information about monthly payments.

The policies were for a general liability policy for the term of a year with a $1 million limit. There was no coverage in the policy for your tools. However, you can always call Simply Business to discuss coverage options if you are looking for more than liability.

Simply Business is available in all 50 states. The quoting process is quick and easy—we received five quotes in less than 10 minutes. Once you find a policy that is right for your business, you can purchase it online without speaking to anyone. When you’ve made a purchase, you receive a copy of the full policy and a certificate of insurance (COI). If you’re a handyperson who wants a one-stop shop for your policy, this is your best option.

Simply Business provides you with a personal account where you can manage your policy, add additional insureds, request a COI, and file a claim. There is also a guide for contractors with state-by-state requirements to obtain any necessary licenses.

Users have given it high marks on third-party review websites. On the independent customer review site Trustpilot^[1], Simply Business has a score of 4.8 out of 5 stars from almost 900 reviews.

After answering a few questions, CoverWallet provided one quote from Hiscox—although it stated that more were available, we were asked to call to discuss these in more detail. The quoted plan was a general liability policy with a $1 million limit and a $2 million aggregate coverage. It also included blanket additional insureds. The cost of the policy was $4,107 annually or $342 monthly.

In addition to providing multiple quotes within 10 minutes, it also provides policy financing options. The policy is paid in full for a year by CoverWallet, and then you work out a payment plan to maintain the coverage. The broker offers a self-service wallet to manage your policy online, including access to related documents and certificates of liability.

Customers have given CoverWallet a positive score on eKomi^[2], where it has a score of 4.7 out of 5 stars from nearly 800 reviews.

When seeking a quote from Next, it usually offers multiple options with different levels of coverage. We received three options:

• Basic coverage was $1,787.75 monthly and included $1 million in total general liability insurance and $20,000 in professional liability insurance.
• Premier coverage costs $1,827.84 monthly and includes the same liability coverage as the basic, but with an added $5,000 for tools.
• Deluxe coverage costs $1,976.50 monthly, with $2 million aggregate general liability coverage and $50,000 professional liability insurance. It also included $10,000 for tools and equipment.

The deductible for tools for both the premier and deluxe coverage is $500.

You can get a bindable quote for a policy in 10 minutes without trailing documents, no matter the profession. While Next is available in all 50 states, certain coverage may not be available depending on the state you’re in—for instance, inland marine isn’t available in the state of New York.

Its customers are happy with their experience, as Next Insurance has lower-than-average complaints with the NAIC. Currently, there are over 5,000 user reviews on its website^[3], with an average score of over 4 out of 5 stars.

Next has an iOS and Android app that makes handling a policy incredibly convenient for a handyperson. Through it, you can add additional insureds, get instant proof of insurance, change coverage, and file a claim.

Typically, for most lines of business and industries, including contractors, The Hartford will generate an online quote. However, it usually requires you to call one of its reps to purchase a policy.

Unfortunately, we were unable to get an online quote despite several attempts and were instead referred to speak directly with The Hartford. Given the inherent risk of contractors, especially ones in the construction industry, the reason for the referral to an agent was to review the specific risks of our industry to make sure the quote was accurate.

If you work not only as a handyperson but also as a contractor, The Hartford offers independent contractor business insurance for longer-lasting projects. These policies will satisfy the requirements of any job site or general contractor who has subcontracted you for work. As a small business insurance provider, it offers the full range of coverage you need, including workers’ compensation, professional liability, business owner’s policy, and commercial auto.

Customers are quite satisfied with The Hartford’s service. Its complaints for commercial insurance are lower than the national average.

It allows you to purchase your policy online or call to finish the purchase. After purchasing your policy, you can manage your account, pay your premium, or file a claim online—it even has a 24/7 service center if you prefer to use a phone. Besides that, if a customer wants proof of insurance, The Hartford offers instant COIs on demand.

For short-term liability, you can choose between a month or more of coverage—or less than a month of coverage. For general liability coverage that started at the time of the quote and ended at 11:59 p.m. on the same day, it cost $28.73. This was for general liability insurance with $1 million in total coverage.

Policies come with $1 or $2 million limits. The policy is strictly for liability with no equipment or property coverage.

Thimble provides a list of excluded activities when you go through the quote process, giving you a good idea of what isn’t covered in the purchase.

Thimble offers iOS and Android apps for its policyholders. While it doesn’t have a 24/7 call center, the app functions as one, allowing you to obtain a quote, purchase a policy, manage it, and file a claim on your smartphone.

If you’re a handyperson who does jobs in the evening or on the weekend as a side hustle, Thimble’s app makes it easy to get short-term coverage. You can get a quote and purchase a policy for a specific job—and have an instant COI to show to the customer.

If you need more than short-term coverage, it also offers coverage for an entire year.

We received a quote for $2,399 annually. It offers a monthly option with $599.70 down and then 10 payments of $179.93. The quote was for a general liability policy for a home-based handyperson business. It came with a total limit of $300,000 with no deductible. It did not have the option to insure your tools.

Most insurance policies have a section that details coverage restricted to a specific territory and time. Hiscox covers your work anywhere in the world—so long as you file the claim in the United States, a US territory, or Canada.

While Hiscox does not have a 24/7 call center, its webpage functions like one. You can access and manage your policy, request a COI, and file a claim online. If you do need to speak with someone, you can email or call from Monday to Friday, 7 a.m. to 10 p.m. ET.

Some carriers will require an upfront payment or a down payment along with fees for a monthly plan, but Hiscox has flexible payment options without fees. However, it has higher-than-expected complaints per the NAIC.

Handyman insurance provides protection for your business for claims filed, either because of liability against you or damage to your property. Depending on the size of your business, there are typically four policies you want:

1. General liability is for third-party claims of injury and property damage.
2. Commercial property is to repair or replace any of your property, including tools and equipment, which may be damaged, lost, or stolen.
3. A business auto policy is great if you have a work van or truck that doubles as more than just a means of transportation.
4. Workers’ compensation is necessary, depending on your state, if you employ anyone as part of your business.

Anyone who works as a handyperson should look into this coverage. At the very least, most states will require handyperson liability insurance if you seek a contractor’s license.

Handyperson insurance quotes consider, among other factors, the risk, experience, and location of the job—meaning that the total cost would depend on the details of your business. According to Insureon, a liability policy’s average monthly cost is $65. Through The Hartford’s Putty, policies start at $7. At Hiscox, the majority pay less than $50 a month.

A certificate of insurance is proof of liability insurance. Commonly called a COI, it is often required when bidding or working on a job. Sometimes, the general contractor will request to be listed as an additional insured and the COI will reflect this request. You can learn more through our guide on what a COI is, which includes a sample certificate.