Important Update: Handyman Insurance Discontinued
ACS Financial has made the decision to discontinue Handyman Insurance to focus on other core financial services. While we no longer provide this coverage, we remain committed to supporting self-employed professionals, tradespeople, and businesses with expert financial solutions.
Why Handyman Insurance Matters
As a handyman, you’re a problem solver, always ready to tackle repairs, installations, and maintenance jobs. However, working with tools, moving between job sites, and interacting with clients exposes you to risks that could impact your business.
Previously, ACS Financial offered tailored handyman insurance solutions that covered public liability, tools insurance, personal accident coverage, and more. If you are still looking for comprehensive handyman insurance, we encourage you to explore alternative providers to ensure you’re protected against unexpected risks.
Types of Handyman Insurance Coverage
While ACS Financial no longer offers this service, here are key coverage types that handymen should consider:
Public Liability Insurance for Handymen
Public liability insurance is essential for covering legal costs and compensation payments if a third party suffers injury or property damage due to your business activities.
For example, if a client trips over your tools at a job site and suffers an injury, public liability insurance ensures you’re financially protected against legal claims.
Tools and Equipment Insurance
Your tools are your livelihood. Tool insurance provides coverage against theft, loss, or accidental damage of essential equipment. Whether your tools are stored in a vehicle, job site, or workshop, having the right coverage ensures you can replace or repair them quickly.
Personal Accident and Illness Insurance
Accidents and illnesses can happen at any time, potentially leaving you unable to work. This coverage provides a portion of your income if you’re injured or ill, ensuring financial stability while you recover.
Company and Family Trust Protection
For handymen operating under a company or family trust, insurance coverage can help protect business assets and operations against risks, ensuring continued financial stability.
Workers’ Compensation & Employment Practices Liability
If you employ workers, workers’ compensation insurance is essential. It provides financial support for employees who experience work-related injuries or illnesses. Employment practices liability insurance protects against claims of wrongful employment practices, including discrimination or harassment.
Motor Vehicle Insurance for Handymen
For many handymen, a work vehicle is a mobile storage unit and office on wheels. Commercial motor vehicle insurance covers accidents, theft, and damage to both the vehicle and the tools stored inside, ensuring you can keep your business moving.
Choosing the Right Insurance
Selecting the best handyman insurance policy involves considering:
- Scope of Coverage – Ensure policies cover liability, tools, and personal accident protection.
- Affordability – Compare costs to find budget-friendly yet comprehensive protection.
- Flexibility – Look for policies tailored to self-employed handymen or business owners.
Although we no longer provide handyman insurance, ACS Financial continues to offer commercial property insurance, professional indemnity insurance, and other financial solutions. If you need assistance finding the right protection for your investment, contact us today for expert advice.
