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handy man insurance massachusetts

Find local handy man insurance in Massachusetts that can help protect your business from lawsuits with affordable rates (for Business, Auto, and Home Insurance) at the Lunova Insurance Agency.

Handyman Insurance Massachusetts Policy Information

Find great rates by requesting a ‘MA Handyman Insurance Quote” online with Lunova Insurance.
Lunova Massachusetts Handyman Insurance agents can help you find an affordable policy in 2022. Learn more about Handyman Insurance Massachusetts companies and providers online.
A handyman can do minor carpentry and electrical work. However, they don’t need a permit or license.
Handyman jobs do not include specialties like roofing, furnace installation, or air conditioning.
Everyone needs the help of a handyman at some point in their lives. Your handyman business fills that need. Are you taking steps to protect your business, your assets and yourself against possible litigation?
A business insurance review with an experienced agent is necessary to identify the weaknesses in your business and recommend policies that will address them. Handymen perform a variety of tasks, so make sure you have the right coverage.
Handyman insurance Massachusetts protects you business from lawsuits at rates as low $30/mo Get a quick Lunova Insurance quote and your certificate now.
Handyman insurance Massachusetts is necessary for contractors, carpenters, plumbers, electricians, floor professionals, and home maintenance helpers. It should be tailored to your work. It is crucial to have coverage that covers you against specific perils. This can mean the difference between financial ruin for your business and staying afloat by having a business that works.
You and your business are exposed to many common risks as a handyman. While the type of service you provide will determine which risks you are exposed, there are some that are universal.
Personal injury and property damage claims can happen from your daily business activities.
Equipment and tools can be damaged, lost, or stolen during business operations. It can happen at your business or on the job site.
You or your employee caused damage to a company vehicle or personal vehicle. This includes damage to your vehicle and ideury for employees.

How does Handyman Insurance help?

Handyman insurance Massachusetts is a general term used to describe the range of insurance products that a handyman may consider when running his business. It protects his assets and helps him avoid personal liability. The most important is the general business owner policy or BOP policy. This coverage is perfect for businesses that have fewer than 100 employees and annual revenues less than $5million. BOP policies provide coverage for business property damage and personal property damage. They also cover income loss due to stoppages of work.
A BOP policy provides general coverages. However, your business might need additional policy riders or addendums to protect your business activities. These policies can be purchased separately or as part of a BOP or general liability policy. Inland marine coverage will protect your employees’ tools and equipment while they move between jobs. While theft insurance covers equipment, vehicles, tools, and other property, it also covers rented and owned tools and equipment. MA agents can help you determine which Massachusetts handyman insurance policies are right for your company by reviewing your business model.

Why not just carry general liability insurance?

Some handyman businesses can cover their entire business with a simple general liability policy. MA general liability insurance might be sufficient for handymen without offices to protect, with no operating expenses or payroll. This policy covers bodily injury and damage caused by you or others while you are performing work.
Liability is a major concern for handymen, contractors and painters who offer in-home services. These workers can use hand tools, power tools, and electric saws to cause injury to the property they are working on and those around them. It is a good idea to have Massachusetts handyman insurance coverage.

What about worker’s compensation?

MA law requires all employers to have worker’s comp insurance for all employees. Your agent can help you ensure compliance with all laws regarding the purchase of worker’s comp insurance. This insurance protects you, your employees and others from injuries and accidents at work.

What about commercial auto insurance?

As a handyman, you will likely use your truck or vehicle for business purposes. Find affordable MA commercial auto insurance rates, prices, and premiums that can help protect your vehicle. Personal auto policies don’t usually cover accidents that happen while driving a personal vehicle for business purposes. Your agent can help you make sure your commercial insurance is adequate and protects you while you are driving from one job site to the next.
Commercial vehicle insurance policies typically cover property damage liability and bodily injury. Comprehensive and collision coverage will protect your vehicle regardless of who is at fault for the accident. Some policies cover theft or damage to your vehicle due to vandalism, natural acts, and other occurrences.

Massachusetts Handyman’s Exposures & Risks

The contractor’s shop and office have limited premises liability exposures due to the lack of public access. Potential bodily injury to clients or property damage are some of the potential exposures off-site. Even when they are not being used, tools, power cords and building materials can still pose a risk of trip and falls. Sharp edges and moving parts can make saws, power tools and hand tools dangerous.
Falling tools and supplies from scaffolding or ladders can cause injury and property damage, and may be dangerous for those working at heights. Woodworking can lead to dust buildup and explosive explosions. The environment could be at risk by allowing waste materials to build up (dust, paint, varnishes, and scrap) to be disposed of. If the handyman is responsible to find licensed contractors for jobs that are not within his scope of responsibility, there may be significant contractual liabilities.
Liability for completed operations should be minimal as handymen rarely handle or install items that could cause serious damage. A handyman should be able to perform the tasks and duties that are required. Clients should have clear guidelines about what tasks the handyman can or cannot complete.
The handyman’s property exposures are usually limited to his own office and storage space for tools, materials, equipment, vehicles, and other items. The flammability of wood, varnishes, varnishes, or wood dust can cause fire if the handyman is doing woodworking for customers.
Employee dishonesty is the main reason for crime exposures. All employees who provide services to customers or handle money should have a background check, including a criminal history. With regular reconciliations, all ordering, billing, and disbursement should each be treated as separate tasks.
If the handyman offers credit, it may include accounts receivable for customers, contractors’ tools and equipment, goods in transit, installation, and valuable papers or records that can be used to track customers’ and suppliers information. The majority of physical assets may be represented by a handyman’s equipment and tools. A variety of tools are needed because the handyman isn’t a specialist. The tools are usually carried with the contractor to the jobsite and not left there.
The business auto exposure is usually limited to the transportation of workers, equipment, and supplies to and from the job site. Because most jobs are small, the handyman might drive to multiple job sites in one day. If the service time or radius is extended, exposure to potential hazards could be higher. Regular MVRs should be performed. Random drug and alcohol testing should always be done. Vehicles should be kept clean and records must be kept centrally.
The job’s size and nature will determine the workers compensation exposure. Hand tools, such as chisels, saws, and nails, can cause cuts and piercings. Electricity can cause burns and electrocution. Working on ladders or scaffolds can result in severe injury or death due to falling, being struck or being blown away by falling objects or weather conditions. Lifting can cause back injuries, strains, and sprains.

Massachusetts Economic Data, Regulations and Limits on Commercial Insurance

About Massachusetts Business Insurance: before you open a Massachusetts business, you need to be familiar with the state’s economic trends and requirements for commercial insurance.
Economic trends are crucial as they will indicate whether the area has a strong economy and can support your business. It is important to understand what kind of commercial insurance you will need in order to plan and comply with the law.
Below is a summary of MA’s economic trends and the types of insurance you will need. This will help you decide if the Bay State is right for your business.

Massachusetts Economic Trends for Business Owners

The unemployment rate is an indicator of the state’s economy. The rate at which unemployment is lowest is a direct indicator of the state’s economic health.
According to the Bureau of Labor Statistics, Massachusetts’ unemployment rate was 5.4% in November 2021. This is 1.2% higher than the national average of 4.2%, as of 01/02/2022. This shows that the state has a weaker workforce. While there are enough jobs to support its residents, Covid-19 strong unemployment benefits & ‘low prevailing wages” for retail & hospitality industries contributed to many “low wage workers” to not returning to the workforce at the end of 2021.
Although the region is seeing growth in business, certain areas are experiencing more growth than others. This applies to large metropolitan areas as well as the surrounding regions, such:

  • Boston
  • Brookline
  • Cambridge
  • Lowell
  • New Bedford
  • Newton
  • Quincy
  • Worcester

Many industries are doing well in Massachusetts. However, there are certain sectors that are experiencing more growth than others. These sectors are truly flourishing in this region of the country. These are:

  1. Advanced manufacturing
  2. Commercial fishing
  3. Education
  4. Financial services
  5. Hospitality tourism
  6. Information technology
  7. Medicine and Life Sciences

These industries are great options for those who are interested in starting their own business. There are high chances that Massachusetts will provide the success they seek.

Massachusetts Commercial Insurance Requirements

Insurance in Massachusetts is regulated by the Massachusetts Division of Insurance. Massachusetts has very limited insurance coverage requirements. They also enforce worker’s comp.
Massachusetts requires that you have worker’s comp insurance if you hire more than one employee. This applies to all employees, including part-time workers, relatives, minors, as well as immigrant employees. Independent contractors are not covered, but domestic workers must be insured if they work more than 16 hours per week.
Massachusetts requires that all vehicles owned by businesses must be insured with commercial auto insurance. The specific industry will dictate which type of insurance business owners should have.

Additional Resources for Contractors & Home Improvement Insurance

Find out about Lunova insurance for small businesses contractors, including 2022 coverage and costs. Also, learn how commercial insurance can protect you from lawsuits.

  • Air Conditioning Systems Installation Repair
  • Appliance Repair & Service
  • Blacksmith & Metal Workers
  • Boat Repair & Dry Docks
  • Boiler Contractors
  • Builders are at Risk
  • Building Cleaning & Maintenance Services
  • Cabinet Installer
  • Satellite and Cable TV Installer
  • Carpentry
  • Chimney Sweep
  • Cistern Contractors
  • Contractor Liability
  • Curtain Cleaners
  • Deck Builders
  • Window and Door Installers
  • Dryer Vent Cleaning
  • Drywall Contractor
  • Electric Contractors
  • Environmental Remediation Contractors
  • Fence Installation
  • Fire Sprinkler Contractors
  • Fire & Water Restoration Contractors
  • Flooring Contractor
  • Furniture Repair
  • Garage door installation and repair
  • General Contractors
  • Glass Contractor
  • Glazier Insurance
  • Gutter Repair and Installation
  • Handyman
  • House Cleaning
  • HVAC Contractor
  • Insulation Contractor
  • Janitorial Cleaning Services
  • Landscaping
  • Lawn care
  • Lawn irrigation sprinkler system installation
  • Locksmith
  • Oil And Gas Well Drilling Contractors
  • Painters
  • Paperhanging Contractors
  • Plastering and Stucco Contractor
  • Plumbing
  • Pressure washing contractors
  • Dealers in Propane and Fuel
  • Carpet, Upholstery & Rug Cleaning
  • Sandblasting Contractors
  • Security Alarm
  • Septic Tank Cleaning
  • Siding Contractor
  • Sign Installation & Repair
  • Solar Panel Installers
  • Snow Plow
  • Stone and Tile Installer
  • Subcontractor
  • Surety Bonds
  • Swimming Pool Contractor
  • Pool Service and Maintenance
  • Tool Grinding and Repair
  • Tree surgeon
  • Tree trimming
  • Tank cleaners
  • Upholstery shop
  • Waste Haulers & Garbage Collection
  • Water well drilling
  • Welding Contractor
  • Wildlife & Pest Control
  • Window Cleaning

Contractors And Home Improvement Insurance
Contractors who want to start or keep a business must have liability coverage for their premises, operations, off-site locations, and products/finished operations. These coverages can be purchased as part of a commercial general liability policy (CGL), or included in a businessowners insurance policy. In certain cases, railroad protective liability and owners and contractors protection may be required to allow a contractor to get a job.
There is concern about the coverage of tools, supplies, and equipment for physical damage, on-site and off-site. Along with the completion of operations, liability exposures on the contractor’s premises and the customer’s premises must be addressed. As is protection for workers’ compensation, business insurance is essential.
As a subcontractor, contractors may be employed by a general contractor on larger projects such as residential subdivisions or commercial sites. Contractors can also work directly with homeowners, typically specializing in remodels and renovations.
They are often called ‘artisan contractors or casual contractors’ in business insurance. They work in various aspects of construction and contracting work and have many trades and skills. There are many trades that can be included in this category: roofers, electricians and plumbers as well as tree trimmers, tree sitters, landscapers, plumbers, electricians and other skilled workers. They can do roofing, fencing and tile work, as well as other skilled work using tools on the premises.
Each trade or job is performed by an artisan contractor. Each has its own special liability requirements and exposures to risks and accidents. Contractors can be insured for property damage, bodily injury, and medical payments.
The majority of artisan contractors need to have at least commercial general liability. However, many others require more coverages, such as an umbrella to increase their limits, inland marine insurance to protect their tools, workers’ compensation to cover their employees, and commercial auto to protect vehicles they use for business purposes.
The minimum recommended small business insurance coverage is: Business Personal Property and Employee Dishonesty; Contractors’ Equipment & Tools; General Liability; Employee Benefits Liability; Umbrella Liability; Automobile Liability and Personal Damage; Hired and Non-owned Auto & Workers Compensation.
Other commercial insurance policies you should consider are: Building, Business Income, Earthquake and Flood, Leasehold Interest and Real Property Legal Liability. Accounts Receivable, Builders risk, Accounts Receivable. Computers, Goods In Transit. Installation Floater. Valuable Papers & Records. Cyber Liability. Employment-related Practices. Stop Gap Liability.

Get a free Handyman Insurance Massachusetts quote in Marlborough and Hudson.

Find companies and providers near you located in Marlborough Massachusetts with local insurance brokers & agents at Lunova Insurance.
Lunova MA small businesses agents specialize in “General Liability” and ” and learn more about Massachusetts’ small business insurance requirements. Learn more about Lunova’s general liability, workers compensation, and commercial auto insurance. Contact us at (508) 258-7195 for a MA handy man insurance quote.

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