Table of contents
Handyman and small repair businesses keep our shops, apartments, homes, and essential equipment operating smoothly. From minor plumbing repairs to replacing electrical components, cabinet installation, swapping fixtures, replacing our locks, fixing the garbage disposal, and everything in between, your small handyman business is vital to people’s lives and to the economy as a whole!
Insurance is a crucial part of working as a handyman. This is not only for protection. Say if you’re a handyman in California, insurance is a must for satisfying licensing requirements.
Whether you just started out your handyman business and compare quotes online or you’re just trying to understand how handyman business insurance works and protect your income, you’ve come to the right place!
Below, we’ll discuss all of the basics that you need to know about purchasing handyman insurance coverage, how to get quotes from the best handyman insurance companies on the market, how to get cheap handyman insurance costs and quotes by doing an online comparison, and more.
Let’s get our hands busy, shall we?
Whether you need self-employed handyman insurance or you run a slightly larger business with a few employees and helpers, having a basic handyman insurance policy is essential. A small handyman business insurance policy can protect your business from damage or injury claims that you would otherwise be held personally liable for.
Your handyman insurance serves as a protective barrier between you and claims that could financially destroy your business. So, that being said, yes handymen do need insurance and will be smart to have it!
Purchasing small handyman business insurance is relatively simple and easy. It’s fairly easier than getting commercial construction insurance and even insurance for roofers. Generally speaking, running a small repair service is a relatively low-risk field of work, so purchasing insurance for handyman work is neither complicated nor overly expensive.
Some states require handymen to get a license before starting a project. And if you’re working in such states, then it’s important to know the insurance requirements for licensing.
General liability insurance is the first requirement you have to consider. In most states, handymen are required to get $1 million coverage before a license is issued.
Considering getting a surety bond too. A surety bond ensures that the client gets some money if you can’t hold your end of the deal. The minimum surety bond required from handymen is $20,000 – $50,000.
What if you’re in a state where no license is required for you to perform a handyman service? We suggest you still purchase general liability insurance. Why? It’s because clients might ask if you’re covered with this policy. If not, they might give the project to someone else.
Handyman liability insurance is a collective term for insurance policies that protect handymen against lawsuits filed by employees, competitors, clients, or the general public. The most common types are general liability, professional liability, and cyber liability insurance.
| CoverWallet | NEXT (Best) | Thimble | Hiscox | The Hartford | |
|---|---|---|---|---|---|
| Per occurrence limit | $1,000,000 | $1,000,000 | $1,000,000/$2,000,000 | $300,000/$2,000,000 | $1,000,000/$2,000,000 |
| Aggregate limit | $2,000,000 | $1,000,000/$2,000,000 | $1,000,000/$2,000,000 | $300,000/$2,000,000 | $1,000,000/$2,000,000 |
| Products and completed operations aggregate limit | $2,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Advertising injury coverage aggregate limit | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Tenant’s legal liability coverage limit | $1,000,000 | $100,000 | $5,000 | $100,000 | $1,000,000 |
| Waiver of subrogation included? | Yes | No | Included | Excluded | No |
| Hired/non-owned auto liability coverage included? | Yes | No | Excluded | Excluded | Can be included |
| Equipment breakdown floater included? | No | Yes | Yes | Excluded | Can be included |
| Can you get a certificate of insurance online? | Yes | Yes | Yes | Yes | Yes |
| Name additional insureds? | Yes | Yes | Yes | Yes | Yes |
| Deductible | $0 | $0 | $0 | $0 | $0 |
A common component in all handyman insurance packages is a general liability policy. General liability insurance for handyman business grants protection when customers or the available public file a lawsuit for bodily injuries, property damage, copyright infringement, and reputational harm.
As a handyman, you can use general liability insurance when:
You injure a client or their child while using a saw, hammer, drill, or any other equipment
A client injures himself or herself because you left your tool unsafely unkept while taking a break
A client’s window sustains damage during a failed installation attempt
You infringed intellectual property while creating a marketing post. Say for example, using a non-royalty free track for a demo video
Insurance companies will allow you to enhance the coverage provided by general liability insurance through these add-ons:
Tools and equipment insurance: Also called an equipment floater, this add-on will cover the cost of replacing or repairing equipment that got damaged by fire, theft, vandalism, and other covered perils. Coverage might not apply if these exposures happen to the covered equipment while you’re in transit
Products and completed operations coverage: Products and completed operations coverage is automatically added to a general liability policy. This will help if a client sues for bodily injuries or property damage after you have long finished a project.
You will enjoy a $1 million-$2 million per occurrence and aggregate limit from your handyman general liability policy. However, understand that it’s possible to enjoy $300,000-$500,000 worth of coverage only. You may enjoy higher limits up to $5 million if the insurance company allows for it.
| CoverWallet (Best) | NEXT | Thimble | Hiscox | The Hartford | |
|---|---|---|---|---|---|
| Per occurrence limit | $1,000,000 | $10,000/$25,000 | $1,000,000/$2,000,000 | $250,000/$2,000,000 | $1,000,000 |
| Aggregate limit | $2,000,000 | $20,000/$50,000 | $1,000,000/$2,000,000 | $250,000/$2,000,000 | $2,000,000 |
| Name additional insureds? | Yes | Yes | Yes | Yes | Yes |
| Waiver of subrogation included? | Yes | No | No | No | No |
You are making money through your services. The problem is clients may ask for compensation or even hold you legally accountable for mistakes. Protect yourself against this exposure by purchasing professional liability insurance. Note that some insurance companies may offer professional liability insurance as an add-on to general liability insurance.
Professional liability insurance covers accusations of:
Negligence: You left for a break without keeping your tools away from the project site. The client came in to check on the progress and tripped on the tools. Minor injuries were incurred. Because of this, the client then filed a claim to get reimbursement for what he spent on emergency treatment
Violation of good faith: A client hired you to finish a particular project for his daughter’s debut. However, something happened and made work slow. As a result, you didn’t finish the project on time. For this, the client demands you pay for missing the deadline
Inaccurate advice: You suggested to the client to add a particular structure to the house to make it more sturdy. However, it turned out that your advice did more harm than good. The client then filed a claim to get reimbursement for what they spent on the finished structure
You can customize your professional liability policy for more protection through these add-ons:
License defense coverage: This grants reimbursements for court costs and other fees if regulatory bodies raise an inquiry and decide to terminate your license. Provided that you’re in a state where handymen are required to have a license before working on projects
Abuse and molestation coverage: Abuse and molestation coverage is a common add-on to professional liability policies designed for those in the entertainment and medicine industries. This will cover legal expenses if you’re accused of sexual harassment and other related offenses against a client
Professional liability insurance has a $1 million-$2 million per occurrence and aggregate limit. Some insurance companies might only offer a $500,000-$1 million professional liability coverage to businesses.
| CoverWallet (Best) | NEXT | Thimble | Hiscox | The Hartford | |
|---|---|---|---|---|---|
| Per occurrence limit | $1,000,000 | $10,000/$25,000 | $1,000,000/$2,000,000 | $250,000/$2,000,000 | $1,000,000 |
| Aggregate limit | $2,000,000 | $20,000/$50,000 | $1,000,000/$2,000,000 | $250,000/$2,000,000 | $2,000,000 |
Do you use a website to market your services, allow customers to book your services, and receive payments? In such a case, understand that hackers can breach your site and access confidential information. Purchase cyber liability insurance as a countermeasure against this exposure.
Cyber liability insurance will help if clients and other concerned third parties raise a lawsuit after a data breach or cyber security error exposed their credit card numbers, addresses, or phone numbers.
You can use cyber liability insurance if these exposures happen:
Phishing
DDoS attack
Man in the middle attack
Password attack
Spear-phishing attack
Whale-phishing attack
Password attack
SQL injection attack
Ransomware
Here are some add-ons that you can attach to a base cyber liability policy for more protection:
Media liability insurance: This covers the cost of lawsuits that result from personal harm third parties suffer due to wrongful information found in a video, blog, or any other marketing materials you post online
Cyber business interruption: If you’re website’s data breach result in a significant loss of income and the temporary suspension of business operations, this add-on will provide an allowance you can use to recoup some of the losses and shoulder some operational costs
Cyber liability insurance offers a $300,000-$2 million per occurrence and aggregate limit. Sub-limits might be provided for the add-ons you will attach to the policy.
Get all the best quotes from leading providers in a click of a button!
Protection doesn’t end with liability insurance policies and commercial auto insurance. There are other insurance you can get for full-blown protection. These are:
Commercial property insurance
Tools and equipment coverage
Commercial auto insurance
Employee dishonesty insurance
Employer’s liability insurance
| CoverWallet | NEXT (Best) | Thimble | Hiscox | The Hartford | |
|---|---|---|---|---|---|
| Building coverage limit (minimum) | $50,000 | $110,000 | $25,000/$500,000 | $15,000 | $60,000 |
| Contents coverage limit (minimum) | $50,000 | $15,000 | $25,000/$500,000 | $15,000 | $60,000 |
| Outdoor signs | Excluded | $2,500 | Excluded | Excluded | Excluded |
| Accounts receivable | Excluded | Excluded | $5,000/10,000 | Included | Excluded |
| Money and securities | Excluded | $2,500 | $1,000 | Included | Excluded |
| Lock and keys | Excluded | $2,500 | Excluded | Excluded | Excluded |
| Business interruption floater | Excluded | Included | Included | Included | Excluded |
| Equipment breakdown floater | Excluded | Included | Excluded | Excluded | Excluded |
| Inland marine insurance floater | Excluded | Excluded | $10,000 | Excluded | Excluded |
| Employee dishonesty floater | Excluded | $5,000 | $2,500 | Included | Excluded |
Get commercial property insurance if you’re running a handyman service business. Commercial property insurance will cover your commercial building. The function of this policy is to give money if you need to reconstruct or repair the building or its structures. Only consider this policy if you have a home office, a rented office, or a commercial building.
Commercial property insurance can get you back on track when these perils happen, resulting in the damage or destruction of your business property:
Fire
Theft
Vandalism
Sinkhole collapse
Riot
Aircraft
Vehicles
Wind
Snow
Lightning
Common add-ons to commercial property insurance are as follows:
Business interruption insurance: Business interruption insurance provides the money you can use to cover operational costs after a fire, theft, or any other covered peril damaged or destroyed your business property
Outdoor signs coverage: Outdoor signs coverage will cover the repair or replacement of signs and other installations outside and not attached to any structure of your commercial building
| CoverWallet | NEXT (Best) | Thimble | Hiscox | The Hartford | |
|---|---|---|---|---|---|
| Building coverage limit (minimum) | $50,000 | $260,000 | $25,000/$500,000 | $25,000 | $60,000 |
| Contents coverage limit (minimum) | $50,000 | $22,000 | $25,000/$500,000 | $25,000 | $60,000 |
| Outdoor signs | Excluded | $2,500 | Excluded | Excluded | Excluded |
| Accounts receivable | Excluded | Excluded | $5,000/10,000 | Included | Excluded |
| Money and securities | Excluded | $2,500 | $1,000 | Included | Excluded |
A business owner’s policy combines general liability and commercial property insurance. Therefore, you can use this to cover lawsuits and recoup commercial losses. Some insurance companies automatically include a business interruption coverage in a business owner’s policy too. Going for a business owner’s policy is great if you value convenience, quick coverage, and economical insurance premiums.
A business owner’s policy provides coverage in the following situations:
A client sustained property damage or bodily injuries during or after the completion of a project you received
Fire, theft, vandalism, and other covered perils caused the damage or destruction of your office or any other business property
You need to halt business operations to make way for renovation or relocation after a covered commercial property exposure happened
Aside from general liability and commercial property insurance, you can bundle these policies in a business owner’s policy:
Employee dishonesty insurance: Covers losses that result from social engineering, theft, forgery, embezzlement, and other dishonest acts your employee might commit while dispensing his or her duties
Professional liability insurance: This covers lawsuits clients file due to mistakes, violation of good faith, missed deadlines, inaccurate advice, and other related offenses you might commit within your professional capacity
A business owner’s policy for handyman business offers a general liability coverage with a $1 million-$2 million per occurrence and aggregate. Commercial property coverage, on the other hand, is $25,000-$50,000.
| NEXT | Thimble | Hiscox | The Hartford | |
|---|---|---|---|---|
| Aggregate limit | $3,000/$10,000 | $2,500/$5,000 | $15,000/$25,000 | $5,000-$10,000 |
| Covers hired and borrowed equipment? | $3,000/$10,000 | $2,500/$5,000 | No | Yes |
| Miscellaneous equipment also covered? | $5,000/$10,000 | No | Yes | Yes |
| Offered as an endorsement to general liability insurance? | Yes | Yes | Yes | Yes |
| Deductible | $500 | $500 | $0 | $0 |
Tools and equipment insurance covers expenses if your drills, saws, hammer, and other tools for work get damaged or lost due to fire, theft, vandalism, and other covered perils. This policy can be a floater to commercial auto, general liability, and commercial property insurance.
Tools and equipment insurance may have the following add-ons:
Rented/borrowed equipment coverage: Usually, tools and equipment policies don’t cover the tools you borrow or rent. But through this add-on, coverage may apply if a covered peril happens to tools or equipment you don’t own
Inland marine coverage: Inland marine coverage is an add-on to tools and equipment insurance that grants protection if the tools you own gets damaged or lost during a trip
Tools and equipment insurance for handyman business provides $2,500-$5,000 worth of coverage. Some insurance companies offer customizable limits, and you may increase payouts up to $25,000-$50,000, subject to the value of the equipment covered.
If you have an official work truck that’s registered under your company name, then you may want to consider purchasing a commercial auto insurance policy. Commercial auto insurance grants protection against the cost of auto accidents, uninsured drivers, and vehicle breakdowns. This offers coverage options for the load and attached equipment to your commercial vehicle.
Commercial auto insurance offers the following coverages:
Auto liability coverage: Auto liability coverage will cover payments to third parties who sustained bodily injuries or property damage due to an accident caused by your commercial vehicle
Collision physical damage coverage: This grants the money you can use to cover vehicle parts repair or replacement expenses in case your commercial vehicle got damaged in a road crash
Comprehensive physical damage coverage: The comprehensive physical damage coverage of commercial auto insurance takes care of parts repair or replacement costs if your commercial vehicle sustained damage due to fire, theft, vandalism, and other covered perils
Uninsured/underinsured motorist coverage: In case of accidents caused by another driver and in which case such driver doesn’t have insurance or doesn’t have adequate coverage, uninsured/underinsured motorist coverage covers your medical treatment and property damage
Commercial auto insurance can help when:
Your commercial vehicle caused a road crash, resulting in multiple injuries and property damage to involved third parties
You forgot to set the engine to neutral before leaving the vehicle. As a result, it moved a bit and scratched a car parked nearby
You need to repair your commercial vehicle after it got involved in a crash
Tools and equipment floater: A specialized tools and equipment policy can be added to commercial auto insurance so all that you use for work can be repaired or replaced without further costs should something happen to them while in the car.
Trailer coverage: Insurance companies might include trailer coverage in your commercial auto insurance. This takes care of costs if a trailer attached to the car and you use to carry equipment sustains damage due to collisions and other covered perils
The minimum amount of coverage you can get from commercial auto insurance equals the minimum auto liability insurance requirements of the state where you are currently doing business. But note that the maximum coverage is $1 million-$2 million combined single limit.
Workers compensation insurance covers the medication, hospitalization, lost wages, and other benefits an employee must receive after a work-related injury. The law mandates you purchase this policy if you have employees. An exemption might apply if you are working alone.
Workers compensation insurance can help if these perils happen to an employee:
Repetitive strain injuries
Getting hit by a debris
Chemical exposure
Electrocution
Muscle strains
Concussions
Employees receive compensation based on the stipulated disability benefits prescribed by the workers comp law of the state where you’re living. What’s definite is that, when it comes to lost wages, most receive ⅔ of their salary as compensation.
Workers compensation insurance for handyman business rarely has add-ons. However, it might offer these as optional features:
Occupational accident insurance: Occupational accident insurance covers those who are not entitled to workers comp benefits. An example would be interns working under you or someone who wishes to work with you for the day to earn money
Return-to-work programs: Insurance companies might offer return-to-work programs that you can only enjoy if you purchase their workers comp policy. One good example is The Hartford
One day handyman insurance is a 24-hour insurance policy that offers general liability insurance as an inclusion. The general liability policy for this type of short-term coverage offers a $1 million-$2 million per occurrence and aggregate limit. An equipment floater may be added and this offers up to $2,500-$5,000 worth of coverage for repairs.
| Cost per Month | Cost per Year | Deductible | |
|---|---|---|---|
| General liability insurance | $57 | $540 | $0-$500 |
| Professional liability insurance | $65 | $1,080 | $500-$1,000 |
| Commercial property insurance | $82 | $1,608 | $1,000-$2,000 |
| Business owner’s policy | $100 | $2,040 | $1,500 |
| Tools and equipment insurance | $60 | $660 | $500-$1,000 |
| Workers compensation insurance | $82 | $660 | $2,000-$5,000 |
Handyman liability insurance cost $57 per month or $684 per year for a $1 million general liability policy. Factors that affect the average handyman insurance cost are claims history, business history, policy limits, deductibles, add-ons, and more.
| Cost per Month | Cost per Year | Best for | |
|---|---|---|---|
| NEXT | $22 | $264 | Fastest general liability insurance for handyman business |
| The Hartford | $25 | $300 | Workers compensation insurance for handyman businesses |
| Coverwallet | $36 | $432 | Online handyman insurance quotes comparison |
| Tivly | $39 | $468 | Comparing handyman insurance quotes over the phone |
| Hiscox | $47 | $564 | Handyman insurance with generous limits |
| Thimble | $48 | $576 | Self-employed handymen |
| USAA | $49.31 | $592 | Military veteran or reserve handyman business owners |
| State Farm | $61 | $732 | Mid-sized handyman companies with less than 10 employees |
| Allstate | $63 | $752 | Mid to large handyman businesses BOPs with a running payroll |
| GEICO | $67 | $798 | Small self-employed handyman businesses |
If you’re trying to get a cheap handyman insurance quote, then the best thing you can do is to compare handyman insurance quotes online. Depending on where you live, you may be able to take advantage of specific deals offered by insurers in your area. Generally speaking, getting cheap general liability insurance for handyman is quite easy as this type of policy is quite a cheap business insurance policy anyway.
While performing a quick Google search for “ handyman insurance near me ” may provide you with some results, the easiest way to compare quotes is to use our handyman insurance quote generator. Simply press the ‘ Get Quotes ’ button below, enter some basic information on your business, and you’ll be presented with competitive quotes from numerous local and nationwide insurers that operate in your area!
Once you decide on the insurance provider that you want to do business with, there are several other steps that you can take to ensure that you get the best deals on handyman insurance policies.
The easiest way to get a good deal is to offer to pay a higher deductible. This means that you’ll pay a larger sum out of pocket if you do make a claim. However, the flip side is that you’ll pay lower monthly premiums.
Another great way to keep your insurance costs low is to bundle your policies together. For example, suppose you plan on purchasing multiple policies such as general liability, commercial auto, and workers’ comp. In that case, it’s a better idea to bundle them all through the same company and sometimes on a BOP instead of going through multiple different insurers for different policies.
By bundling your policy, you’re effectively dividing your risk across multiple policies, decreasing your overall risk as a policyholder, and reducing your premiums costs.
Get all the best quotes from leading providers in a click of a button!
If you’re looking for the best insurance for handyman business, then look no further! We’ve reviewed the top providers of insurance for handyman company such as yours! We’ve included a brief background on each insurer, pros, cons, and pricing for a $1 million general liability coverage.
Affordable small business insurance for handyman services
Piece together a policy that works for you
Fast and easy claims process
Good customer service
Best overall
Fastest general liability insurance
Couldn’t find any
Unlike the other insurers we’ve reviewed, NEXT is new to the insurance scene and was just recently founded in 2016. In the short years they’ve been in business, though, they’ve developed a great reputation for providing low-cost small business insurance, an easy claims process, and above-average customer service.
What allows NEXT to keep their insurance rates so affordable is that they use artificial intelligence to handle most of the claims process. This cuts down on agents and payroll, allowing the company to pass the savings on to its policyholders.
Best for: Fastest general liability insurance for handyman business
Average cost: $22 per month
Our rating: 8/10
Renowned company for workers’ compensation insurance
Quote online or through an agent
Efficient claims process
Online quoting might not be available all the time, so expect a talk with an agent
We recommend The Hartford for workers compensation insurance. It’s because this company has garnered numerous awards for underwriting the policy. But if you need other policies, this company is still a good option because it offers customizable general liability, commercial property, and commercial auto policies.
Best for: Workers compensation insurance for handyman businesses
Average cost: $25 per month
Our rating: 10/10
Get insured online
Compare handyman insurance quotes for free online
Terrorism coverage is automatically added to general liability insurance
Not an insurance company but a broker selling the quotes of its partners
CoverWallet is an insurance broker with an online quote generator you can use to compare the pricing and offers of its partners. You have four insurance options from this company. You can choose to only get general liability insurance having a $1 million limit. If you want to extend your coverage a little more, CoverWallet offers general liability with commercial property insurance.
Now, if comprehensive protection is what you’re looking for, then the company offers a business owner’s policy with commercial auto. If a business owner’s policy isn’t enough, CoverWallet can insure you through a customized insurance plan where you’re free to choose and add the insurance policies needed.
Best for: Online handyman insurance quotes comparison
Average cost: $36 per month
Our rating: 10/10
Call and compare quotes over the phone
Multiple partners to choose from
Only pairs you to a renowned insurance company
No online quotes
Tivly allows you to compare quotes. However, unlike CoverWallet, this company allows you to do quote comparison over the phone with the help of a representative. Tivly will help you find the best insurance company that offers the most comprehensive coverage at the right price. Call and talk with a representative now.
Best for: Comparing handyman insurance quotes over the phone
Average cost: $39 per month
Our rating: 10/10
Has an online insurance calculator to estimate rates
Offers short-term handyman insurance
Get covered online
Not very comprehensive
Thimble’s handyman insurance only includes general liability insurance with products and completed operations coverage – not very comprehensive but this is fine. Why? If you decide to get insured with Thimble, you’ll get instant proof of insurance. The best thing is you can choose to get covered for only hours, days, weeks, or months. Thimble’s general liability insurance for handymen offers $1 million – $2 million in coverage.
Best for: Short-term handyman insurance
Average cost: $48 per month
Our rating: 9/10
Generous limits
Provides free risk management resources
Has a lot of customer complaints
Hiscox primarily offers general liability and professional liability insurance. But note that this company allows you to endorse policies such as loss of income coverage, business interruption, commercial property, etc. based on what kind of handyman services you provide and the nature of your work. With Hiscox, you can get more than $2 million in coverage. Furthermore, you’ll get access to risk management resources.
Best for: Handyman insurance with generous limits
Average cost: $47 per month
Our rating: 7/10
Outstanding customer service
Build a policy from the ground up
Incredible deals for small business insurance
Bundle your policies together
Only available to active duty or retired military members and families
If USAA accepts you, then they have the best small business insurance rates on the market! They’re able to provide such affordable rates because they cater specifically to active and retired members of the US armed forces and their immediate families.
From commercial auto to general liability, workers’ comp, and more, USAA lets policyholders build a policy from the ground-up that suits their specific needs. Once you’re a member, you don’t have to worry about sudden increases in your premium. USAA also has outstanding customer service ratings when it comes to handling claims.
Best for: Military veteran or reserve handyman business owners
Average cost: $49.31 per month
Our rating: 6/10
Stellar customer service reputation
Handling claims is easier than other insurers
Nationwide offices make it easy to reach an agent
State Farm has a long history of providing small business insurance
Pricing may vary heavily from one state to another
Before State Farm ever started offering auto insurance, they offered small business insurance for farmers in the American Midwest. This means they have a long history when it comes to providing insurance for handyman services. They also have great rates on workers’ comp policies (if you have employees).
One of the best reasons to choose State Farm is that they have excellent ratings as far as customer service and satisfaction go. Also, if you ever have to make an insurance claim, you want the process to be simple and easy. With State Farm, you’ll be treated with respect by your agent and get a fair deal on liability insurance for a handyman service.
Best for: Mid-sized handyman companies with less than 10 employees
Average cost: $61 per month
Our rating: 5/10
Insurance packages designed specifically for small handyman services
Deals on bundling liability, commercial auto, and workers’ comp
Get great deals on payroll by working with Allstate’s partner network
Online claims filing isn’t very intuitive
Although Allstate has built a reputation for being a bit more expensive than other small business insurance providers, you’ll get what you pay for. They have a long list of industries that they specifically cater to (including handyman services), which means that you’ll never have to question whether or not you have the coverage you need.
Allstate also has several “preferred partners” they work with to provide discounted rates on important small business services such as payroll. Lastly, they offer great deals on bundling, which means that you could bundle a general liability, commercial auto, and even workers’ comp into a single umbrella policy and save a good bit of money.
Best for: Mid to large-sized handyman businesses that need to bundle policies and run a payroll
Average cost: $63 per month
Our rating: 5/10
Offices nationwide for easy access
Competitive pricing and deals
Handle claims and billing through the Geico smartphone app
Some complaints about how insurance claims are handled
GEICO is one of the biggest insurance agencies in the United States, and they provide a wide range of small business insurance policies designed to protect you from any claim that could come your way. Geico has received very good reviews as far as their pricing goes, and they offer a number of deals that you won’t get from some of the smaller specialty insurers. Additionally, Geico also has an incredibly easy-to-use mobile app that allows you to keep track of your billing, claims, or pull up instant proof of insurance if a client asks for it.
Best for: Small self-employed handyman businesses
Average cost: $67 per month
Our rating: 7/10
10 / 10
For me this company has proven to be the best to do business with and worth my hard earned money. Contractors this is your company look no further.
7.7 / 10
Decent experience with Hiscox business insurance
10 / 10
Best insurance ever
10 / 10
Coolest concept, I wish this was applied to other insurance products too.
10 / 10
Good company. Good and knowledgable customer service. If they don't know something they will pass you on to a more experienced rep that is more knowledgable. So far so good.
10 / 10
Simple online quoting and purchase. excellent mobile app. claims filing via phone, website or app. Combines competitive rates with excellent customer experience. Progressive provides all of the coverage a small business needs. not to mention its financial strength
10 / 10
Excellent business insurance coverage tailored to your business needs in good rates, professional customer service, pays claims fast and fairly. Recommended!
0 / 10
Not recommended, worst company I've dealt with. Denying claims regularly.
9.4 / 10
Fastest ever online insurance quote and purchase! Also, great rates and professional customer reps that helps with whatever you need, if you need. Nice company!
Paul Burns Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
It has been 70 days since I made a claim on the roof of my building. No one from the company will return calls. We are in hurricane season and located in Louisiana. My building is tarped to secure it.
2.8 / 10
Embroker sells a product that it doesn't honor. We purchased a combination D&O and EPLI policy. However, when it came to renewal, it told us that we only had D&O coverage even through our ACCORD certificate clearly mentions we have both. Basically they refused to honor the EPLI coverage and will leave you hanging with the bag. At time of renewal, they more than doubled our quote to get similar coverage. Basically BAIT & SWITCH. Unacceptable tactics. Easy to buy and pay but you may not be... Read More
Felicia Broadus Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
They are the worst, my truck was hit in January 23 and the claim adjuster has not been out to this very day! They have every excuse in the book as to why. They have not been to the collision shop. PLEASE AVOID THESE SCAM ARTIST!
Felicia Broadus Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
Avoid these SCAM ARTISTS! They don’t pay claims!!! Save yourself the trouble and money!
Kasey Arey Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
This company gives you a price that was in place for a year and when you have to use it there is fine print were they can go back and charge you more. Would not recommend them to any one. Crooks
John Murphy Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
Worst insurance comapny I have ever dealt with. A commercial vehicle represented by GUARD t boned my wife and daughters family vehicle in the middle of the day. Driver was cited and insurance claim insued. Fast forward 4 months and refusal of full amount of claim is still happening. Driver was found guilty, repairs started on my vehicle and when it comes to the final bill and diminished value we cannot get any help. I am out a family car, have an injured and traumatized wife and children,... Read More
Harshadray Patel Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
Extremely bad service, when you call , will make you wait on the phone for ever (over an Hour) and still no one to answer , so you end up hanging up. To cancel the policy, bounce you from one department to the other. They are supposed to refund from the date other insurance started and after sending the proof of other insurance policy, still they did not refund based on that actual date instead they use the date i managed to get hold of them. They charged me $7000.00 for a year's insurance on... Read More
Aaron Wensel Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
Guard Insurance is terrible. They were so bad I cancelled them because them couldn't figure out why I would never get a paper copy of the bill . Verified my address with them and still intermittent billing. I cancelled them in March through my local broker. Today 6/27 I get a letter in the mail from a collections company saying I owe 87.97. This was the first myself or my broker heard of owing this money. Here is some advice for this failure of a company send me a god damn bill and I will pay.... Read More
Michael Swink Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
My employer had to have workers compensation by law. He obtained a policy through this Berkshire Hathaway GUARD and they failed me. I fell from a ladder and fractured my spine in 7 different places, my clavicle in 4 places, and the base of my skull. Going to my Dr visits I was prescribed medication for pain and the insurance company placed a pre-authorization hold on me picking up the medication from Walgreens. The hold lasted 5 days! My weekly benefits have never been on time, right now... Read More
2 / 10
I never purchased the policy. The person I spoke with "Bruce" was condescending and argumentative. He kept repeating himself and talking in circles telling me what I HAVE TO DO, basically trying to bully me into purchasing commercial insurance. I wouldn't use this company if they were paying me!
2.8 / 10
Great platform. Terrible policy. There is no teeth behind it. No coverage. It's a fake policy that they sell. Sold us an EPLI policy that later we came to find out had no EPLI coverage. Amazing that they can get away with outright fraud. Check the positive reviews. They are all 'Anonymous' posted by Emroker staff. Stay away and find a real policy that will actually provide you coverage. We've been bitten by them and hope to find restitution via a lawsuit.
10 / 10
Liberty Mutual is one of the more simple companies to deal with. I had to file a claim for my business owner policy after I caught one of my employees stealing a large amount of products from my business. Liberty mutual paid the claim fast and with no efforts. I wish the legal process was as easy…
10 / 10
Highest level of plan and customer service
10 / 10
For me this company has proven to be the best to do business with and worth my hard earned money. Contractors this is your company look no further.
7.7 / 10
Decent experience with Hiscox business insurance
10 / 10
Best insurance ever
10 / 10
Coolest concept, I wish this was applied to other insurance products too.
9.4 / 10
Very pleased with Hiscox - their small business insurance rates are very good and they specialize in small business which gives me a peace of mind as a small business owner. So far so good!
10 / 10
Their customer service is absolutely fantastic. Very patient, knowledgable and provided excellent explanation of the purchased policy. I would highly recommend this insurance company to anyone that's looking to protect their business from unexpected expense. Thank you Hiscox for doing a great job for my business!
0.6 / 10
STAY AWAY! I wouldn't recommend hiscox small business liability insurance to anyone. Better not waste both your money and your time. Hiscox customer service is extremely unpleasant, not organized and not professional. It is the worst company we have dealt with in almost 25 years in business!
10 / 10
Good company. Good and knowledgable customer service. If they don't know something they will pass you on to a more experienced rep that is more knowledgable. So far so good.
10 / 10
Extremely fast and simple. Wasted a lot of time and money until I found these guys! I feel like my business is in good hands now.
10 / 10
My experience with AAA's business insurance was fairly good. Customer service is excellent, coverage is broad, claims process was efficient. I do recommend them.
10 / 10
Simple online quoting and purchase. excellent mobile app. claims filing via phone, website or app. Combines competitive rates with excellent customer experience. Progressive provides all of the coverage a small business needs. not to mention its financial strength
0 / 10
State Farm's business insurance was such a bad choice for us. Worst communication, very unprofessional. Been insured for over 12 years through a local statefarm agent who we were having insurance for our own home, our personal cars, our own health insurance, workers compensation, all of our commercial autos that serve our business - our agent didn't inform us of raising our premium rates, of certain inspections, and send us very rude emails upon our policy cancellations that were caused by his... Read More
10 / 10
Extremely helpful, kind and knowledgable customer service team! I received a business insurance package that was tailored and personalized to my exact business needs! Excellent liability insurance. Their pricing for business insurance is not the most affordable you'll find, however it's better to pay more and know that you are covered well. We got coverage for $1M. In regards to claims, I haven't had any experience so cannot attest, but the rest was excellent so I'm sure claims will be great as... Read More
10 / 10
Customer service is fast and efficient. They were very caring about issues that we faced, checked them all and resolved our claims fast. State Farm is an excellent company. They gave us excellent business insurance coverage that was customized to our precise needs. We worked together to build the most suitable coverage to our needs, nothing more or less, while making sure the rate is good enough. State Farm's business insurance cost was very good compared to other companies, while maintaining a... Read More
10 / 10
Excellent business insurance coverage tailored to your business needs in good rates, professional customer service, pays claims fast and fairly. Recommended!
10 / 10
highly recommended!
9.8 / 10
Chubb provides business insurance coverage for all size of businesses, from small local ones to huge multinational corporates, they are very fast to respond to your claims, their business insurance coverage is very advanced while being tailored to your needs, aka covering you from all sides without over-covering you to make you pay more like some companies do. I'm a very satisfied customer.
9.7 / 10
Very annoyed in 2020 they do not offer online quotes, however they are great at everything else. The coverage is amazing, customer service is world class, value of money is great (even when their rates are not the cheapest), fast and excellent handling of claims, very dedicated and business focused. The only other issue is since they cover all types and sizes of businesses, they do not seem to specialize in any of them specifically.
Not all those who wander are lost.
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