Handyman Liability Insurance

Was just curious what it would run. Of course I know it can vary significantly, very significantly, depending on where you are. For instance, I moved from one state to another and my car insurance was 1/3rd. Of course in the expensive state every other commercial on TV was for a law firm that wanted to get you "just compensation" for straining your eyes to read a menu.
Curious Al in the northeast...
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It will depend on what you do. your Liability Exposure is the key word You will need to determine if you just paint plaster or dig around power and telephone lines or do brain surgery Mine wasn't to bad 5 years ago. I closed my business after taking flying lessons off a ladder and a follow-up hip replacement I would suggest incorporate or go LLC

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In the Fort Worth area, mine runs about $1,200 a year for $2M of coverage.
My agent went with Lloyds of London, because I need coverage for maintenance, light construction, remodeling, landscaping, cabinetry, and flooring. I have the equivalent of three or four business policies rolled into one. No other company would consider me.
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Mine runs about $500 a year for $1m worth of coverage.
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in

Business or professional liability for individual contractors or small businesses can be hard. Had similar difficulty locally but found a broker dealing w/ Zurich who handled it for me.
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Thanks for the replies. Was really more just a curiosity. No idea if it would be 1k/mo or 1k/yr.
As mentioned, depending on what you do, it could be 1k a month with enough risk I suppose. Think more along the lines of you spill paint on someone's carpet, plumbing leaks and floods someone's place (whether you touched it or not), electrical fire days after you're there and you get blamed whether you touched it or not, hammer falls off ladder and kills f*ing ugly little yapping dog, kid drills hole in brothers head with your drill, etc.
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in

I> > Curious Al in the northeast...

I> Thanks for the replies. Was really more just a curiosity. No idea if it

Sure location has some to do with it, but would expect level of coverage and type of business bigger factor. My professional liability $2M coverage for $600/yr for design/support, no construction, no union labor oversight. That was last carried three years ago at which point I retired from consulting.
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Al Bundy wrote:

The second time that happened to me I considered getting insured, after the forth my mind was made up - no way, too expensive.
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i've had a few quotes. both were about $100 per month for lv elec.
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Apu Inmypants wrote:

And?? If you run an alarmco you bought it, right?
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u like my nym?
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I am sure it varies by area.
I pay about $400 for a 600K liability only policy with a $500 deductible. That is for one person, no employees. That is also for non-hazardous trades. I install window treatments, curtains, blinds, shades and interior shutters.
Amazing enough the price has only doubled in the 20 years I have been doing this. If only health insurance has remained such a bargain. :-)
Colbyt
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If you're willing to limit yourself to drugs and treatements that were avaliable 20 years ago, it probably has.
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