As a handyman in Pennsylvania, having proper insurance coverage is essential for protecting your business, meeting state requirements, and securing contracts. This comprehensive guide breaks down the key insurance coverages Pennsylvania handymen need, including costs based on our analysis of actual quotes from leading carriers.
Find out how to select the right smart cheap general liability insurance for handyman choices.
General Liability Insurance for Pennsylvania Handymen
Based on our analysis of actual quotes from leading carriers, here are typical costs for Pennsylvania handymen:
| Revenue Size | Average Premium | % of Revenue | Favorable Rate | Potential Savings |
|---|---|---|---|---|
| $150K | $6,420 | 4.3% | $3,370 | 48% |
| $500K | $16,600 | 3.3% | $10,460 | 37% |
| $1M | $36,180 | 3.6% | $22,960 | 37% |
These premiums assume:
- Clean claims history (5+ years without incidents)
- Standard $1M/$2M coverage limits
- Basic handyman services under $2,500 per job
- 10% subcontractor costs
Common covered claims include:
- Property damage during repairs
- Bodily injury to clients or bystanders
- Product liability (with add-on)
- Completed work issues (with add-on)
Worker’s Compensation Insurance for Pennsylvania Handymen
Workers’ compensation is mandatory for Pennsylvania handymen with employees. Based on our data:
- Average cost per $100K payroll: $9,500
- Average cost per employee: $4,368
- Primary classification code: 5645
- Typical rate range: $5.72-$16.73 per $100 of payroll
Key factors affecting premiums:
- Job classification
- Annual payroll
- Claims history
- Experience modifier rating
Additional Business Insurance for Handymen in Pennsylvania
1. Tools & Equipment Coverage
- Annual premiums: $200-$2,000
- Policy limits: $5,000-$15,000+
- Per-item coverage limit: typically $5,000
2. Commercial Auto Insurance
- Cost: $1,500-$3,050 per vehicle annually
- Standard limits: $100K/$300K bodily injury, $100K property damage
- Higher limits recommended: $500K-$1M
3. Contractor’s E&O Insurance
- Annual premiums: $300-$1,000
- Coverage limits: $100,000-$1M+
- Protects against faulty work claims
4. Surety Bonds
Bond amounts typically $5,000-$25,000:
- Excellent credit: 1-1.5% premium
- Good credit: 1.5-2.5% premium
- Poor credit: 2.5-5% premium
5. Commercial Property Insurance
- Annual premiums: $1,000-$5,000
- Based on property value and location
- Covers workshops, storage, offices
Get Pennsylvania Handyman Liability with ContractorNerd
ContractorNerd specializes in handyman insurance solutions that are:
- Data-driven using actual premium data
- Tailored to Pennsylvania requirements
- Streamlined for quick quotes and binding
- Supported by industry experts
Our platform offers:
- Multiple carrier quotes
- Coverage comparisons
- Policy management tools
- Claims advocacy
- Compliance guidance
Average savings through ContractorNerd:
- Small operations ($150K): 30-50%
- Mid-size ($500K): 25-40%
- Large ($1M+): 20-35%
Visit our online quote tool or speak with a handyman insurance specialist today.