What You Need to Know About Electrical Contractors Insurance

By October 26, 2017Archive
What You Need to Know About Electrical Contractors Insurance, what you need to know about electrical contractors insurance

Whether you are an independent electrician or a contracting company that employs electrical workers, here’s what you need to know about electrical contractors insurance.

Everyone knows that electricity is dangerous and that’s why it’s so important that electricians or businesses that employ electricians have the right coverage to protect them.  Thinking about getting coverage for yourself or your electricians?  Here’s what you need to know about electrical contractors insurance.

What is covered by electrical contractors insurance?

Electrical contractor’s insurance provides protection against the risks associated with the electrical business.  Generally, electrician insurance includes three main components: property damage coverage, general liability, and workers compensation.  Property damage coverage protects any space that you rent or own.  Additionally, you can add an endorsement that protects your tools and equipment.  General liability protects you if your work actions cause injury or property damage to a third party.  Finally, workers compensation will cover your employees if they are injured or get sick on the job.

What are some other insurance options for electricians?

If your electrical workers need additional coverage, there are other coverage options available.  For instance, adding equipment breakdown insurance will protect your business if you experience mechanical issues that set you back.  Another coverage option you might want to consider is business income insurance.  This type of insurance will protect your income if there are disruptions that halt work.  These are just a few of the many customizable coverage options that you should consider to keep your electricians safe.  Contact your insurance provider to discuss your specific risks and your various coverage options.

Electricians are constantly at risk for work dangers and other professional hazards.  So, make sure they have the coverage they need to stay safe.  After learning what you need to know about electrical contractors insurance, make sure you have the right insurance team to get your business the coverage you need.  Contact Contractors Insurance Agency to get you and your business the coverage it needs.

//Function generates a current year and adds language for copyright notice. var currentYear = function() { var d = new Date(); var n = d.getFullYear(); document.querySelector(".copyright-text").innerHTML = '© Copyright ' + n + ' Contractors Insurance Agency'; }// ~end copyright currentYear();