Insurance Advice for the Washington Handyman During Coronavirus

Our insurance advice for the Washington handyman will help you improve your business from home during the coronavirus outbreak.  Washington coronavirus cases passed 12,000 this week with the pandemic affecting businesses profoundly.  You’re probably trying to minimize losses and work safely. But the $5 billion handyman industry is sure to bounce back. People always need repairs. And after a lockdown? More than ever! Get proactive with our top 4 tips on insurance advice for the Washington Handyman.

4 Insurance Tips For The Washington Handyman

1. Double-Check Your Workers Compensation – Workers Comp pays for lost wages and hospital bills should an employee get sick or hurt on the job. With the labor-intensive work you do, this protects against huge losses. In Washington you need Workers Comp, for any employees, by law. You should either be insured through Labor & Industries, or self-insured.

   In 2019, L&I proposed a 5% drop in premiums – the biggest since 2007. Some great  insurance advice for the Washington handyman in lockdown, is to take this time to look again at your coverage. Make sure everyone’s properly covered.

2. Consider Builder’s Risk – With 19,440 annual internet searches for Washington handymen, it’s clear that business is booming.  That’s because clients keep hiring handymen for specialized jobs. Builder’s Risk insurance for the handyman is becoming more and more important.  If you do fencing, landscaping, painting, or anything outdoors, your work is open to non-liable losses from rain, snow and hail. Washington has some the highest average annual rainfall of the lower 48 states. It’s home to 7 of the top 10 rainiest cities in the Pacific Northwest. You’re extra-vulnerable.

   At Builder’s Risk Insurance we’re licensed in all 50 states, so we can provide the most useful insurance advice for the Washington handyman – not a one-size-fits-all plan.

3. Customize Your Builder’s Risk – As a handyman, your bread and butter is your equipment. Theft is the top non-liable construction loss at 20%, so this creates a lot of risk exposure for handymen in particular.

   This is why Builder’s Risk insurance for the handyman is the smart choice. It can be customized to protect your tools.

4. Policy Extensions – Two great extensions to Builder’s Risk insurance for the handyman are:

   Property in Transit – Last year, there were 120,993 road accidents in Washington. Basic Builder’s Risk coverage will protect your property on-site. But since handymen drive from site-to-site so often, it may be worth covering it on the road too.

   Temporary Structures  – Depending on the work you do, temporary structures like scaffolding may make up a lot of your inventory. At $3000 a trailer load, it’s best to protect this so you don’t suffer too much of a loss.

We work exclusively in construction insurance, so we know your market. Talk to us about your business and we’ll help you figure out which policy protects your valuables best.

Insurance Advice for the Washington Handyman

At Builder’s Risk, we have an A+ rating with BBB and thousands of five-star reviews. We help get the best Builder’s Risk insurance, wherever you are. Lockdown offers a unique opportunity to build a plan that works for your business. Get started now – call Builder’s Risk Insurance on 008-960-0221.