Insurance for Electricians

Why do Electricians need General Liability Insurance?

Electricians complete vital and complex work for their clients and customers. Not only are you providing an important service, but you must also be mindful of the fundamental dangers of electrical systems.

Of course, these aren’t the only risks that electrical contractors may face while on the job. You routinely work at your clients’ premises or in other third-party locations. What if you accidentally damage a client’s property while working in their building? Or a third party injures themselves due to your negligence? It might cost you thousands of dollars to fix the situation—money that many small business owners do not have just lying around.

This is where General Liability insurance comes in. Electricians with these policies can rest easy knowing that the burden of legal expenses and compensating the injured party is off their shoulders. The cost of general liability claims can be staggering, enough to force you into bankruptcy or even put you out of business. Instead of paying these expenses out of your own pocket, your General Liability policy will help cover the costs associated with the claim.

What is not covered by Electrician’s General Liability Insurance?

General Liability insurance for electricians typically does not provide coverage for:

• Employee injuries or if you are injured on the job
• Theft or damage to your own property, including tools

Additional forms of insurance (such as Worker’s Compensation, Professional Liability, or Contractor’s Tool and Equipment Insurance) may be available to cover these and other events that electricians might encounter in the course of their work.

Claims examples*

Could this happen to you? General Liability insurance for electricians could help protect your business from claims like these:

Accidental third-party property damage: You’re walking back to your truck after finishing on-site work and accidentally knock over a custom windowpane. It immediately breaks, and the property owner demands you pay for the broken glass, plus additional money for expedited delivery of a replacement. A General Liability insurance policy will cover their claim, up to your limits of liability.

Third-party injury/Medical expenses: A client accidentally trips over your tool bag on their way to review your work. They suffer a serious cut as a result and must go to the hospital for stitches. General Liability insurance will help cover medical expenses caused by the accident regardless of fault.

How much does General Liability Insurance for electrical contractors cost?

Electricians Insurance can vary in cost, depending on the specific makeup and needs of your business. Insurers consider a variety of factors when calculating your premium, and the amount you pay may differ from other electricians.

The cost of General Liability insurance for electrical contractors may depend on:

• Your qualifications or experience as an electrician
• The size and annual turnover of your business
• Your history of past insurance claims
• The amount of coverage you seek
• Other factors that can impact your insurance risk

Comparing quotes from multiple insurers can be an effective way to understand how much you can expect to pay for Electricians Insurance and your coverage options. This process is easy with BizInsure. We combine the efficiency of technology with a human touch to help you save and receive excellent customer assistance when you need it.

Other common trades we insure

It’s not just electrical contractors who could benefit from the protection that General Liability insurance can provide. We also insure all types of contractors and tradesmen: