Getting insurance with CoverTradie is as easy as…1,2,3
Quick Phone Call
No Forms to Complete – We do that for you
Get Your Options
We do the heavy lifting of finding the right insurance for you
Pay And You Are Done
Monthly or Annual Payment Options
© CoverTradie 2025 - Insurance for Tradies. ALL RIGHTS RESERVED..
public liability insurance for handyman
Public liability insurance for handyman is the most basic insurance you’d need to get going if you are starting out a new business.
If you plan to work for realestate agents and property managers, they would usually ask for a certificate of your Public Liability Insurance before they allocate you any jobs.
Many people start off with the basic $5M limit on their liability policy. As you grow, you’re like to come across other businesses or situations where having a $20M limit is important.
Increasing the limit is not that hard to do and our brokers can make that change easily.
Best Handyman Insurance
The best handyman insurance is the not the one that is the cheapest. It’s the one that fits your business properly.
Just like people don’t buy shoes 2 sizes bigger because they were the cheapest, you wouldn’t buy insurance just because it was the cheapest.
To do your insurance properly, you need to consider a range of insurances that collectively make the term Handyman Insurance.
At CoverTradie, our definition of Handyman Insurance is a bit broader than just the Public Liability Insurance.
If it’s just a general term that represents insurance to cover Handyman business, it needs to be cover all aspects of Handyman business and the way we see it is, is that you have 3 types or risks.
- Liability Risk – Risk of a financial claim made against you for damage to someone’s property or causing an injury.
- Personal Risk – Risk of personal injury or illness to a handyman
- Asset Risk – Protecting your assets like your vehicles, stock and tools etc. This part includes cover for:
- Commercial Vehicle Insurance
- Tools Insurance
- Property Insurance (Usually only taken by large handyman/property maintenance businesses)
Handyman Insurance cost
This is often a question on top of mind for all of us and rightly, it should be. We all want to make the right purchase decision.
Experience has taught us all that a little bit of shopping around can be quite helpful in finding a competitive price for anything that we want to buy.
And that includes insurance too.
Fortunately, Handyman Insurance Cost is low when compared to other common trades, because the number of claims generated by your occupation group is low. See below:
And the interesting thing is that the prices for Handyman Insurance do not vary much from state to state. See the chart below:
Many people start off with $5 Million liability cover but realise that often they need higher coverage limits. Particularly if you work with other businesses, they may ask for a $10 million or a $20 million limit for your liability coverage.
In which case the table below gives a picture of what to expect should you need higher coverage. Along with the the lowest prices that we observed, you have the averages and the highest values also.
For a small business with a turnover of $100,000, you can expect the premiums to jump by about $100 between limit increase from $5 Million to $10 Million to $20 Million.
So there is an increase but not a huge deal. Sometimes it’s just worth getting a higher limit upfront if you know the bulk of your work is going to come from being a subcontractor to other large businesses.
| Limit | Lowest | Average | Highest |
| $5 Million | $ 369 | $ 501 | $ 748 |
| $10 Million | $ 478 | $ 620 | $ 898 |
| $20 Million | $ 580 | $ 747 | $ 1,032 |
You may then be wondering how does this all affect me as I am not a business with a $100,000 turnover but with a higher turnover.
Well, as your business size grows, so does the risk increase in your business. The way the insurers see this is that a growing business means that the attention of the business owner is stretched and spread across many things.
Plus, there may be staff working for you who are still under training and instructions. They may not be able to do the job at the same quality level as you do.
As you would understand that this drives the risk level up and also the cost of insurance. See below:
Pay close attention to the chart above, there is a step jump in premiums from turnover of $200K to $300K. Which aligns with what we’ve said above.
Its really when the turnover enters the $300,000 territory, it’s when business owners put on new staff and that’s where the possibility of a claim happening increases. Hence why its important to know which insurers increase their premiums when.
You need someone with a pretty sharp eye for detail to know that, something that we can help with.
There is no argument against the fact that a well researched person will be able to make better decisions. In the case of insurance, we work with Tradies only hence it allows us to pay close attention to many things that others overlook.
We are pretty keen to drive a good deal for your insurance and making sure that you are fully covered. Give us a call and see how we may be able to help you.
We wish you all the best for your business.
handyman public liability insurance
The insurers put conditions on every public liability policy depending on the occupation. Safe to say, Handyman Public Liability Insurance also has a few of these, see below:
Common Area Exclusion
Many policies will exclude work performed at shopping centres etc. If your jobs involve work there, then you need to be really careful and make sure you haven’t taken a policy with this exclusion.
Construction or Dial Before You Dig Exclusion
This is one of the most common types of condition on most public liability insurances. Insurers want to make sure you follow the procedures of dial before you dig.
Height Restriction Condition
Again a common condition on public liability policies which is important to check.
insurance for self employed handyman
No matter where you are in the country, we can sort out your insurance.