Electrical Contractor Insurance

Jun 19, 2020 (0) comment

Electrical Contractor

It’s probably not shocking that electricians face many hazards on the job, from the risk of potentially electrocuting themselves or others, to the possibility of damaging the property they’re working on, to even potentially causing a fire due to an incomplete job. 

Electrical work is not for the faint of heart and the consequences of being uninsured could be disastrous. That’s why it’s so important to know about electrical contractor insurance. 

Our independent insurance agents are here to eliminate the hassle of searching on your own by walking you through a handpicked selection of top business insurance policies to cover both your business and your employees.

What Is Electrical Contractor Insurance?

Basically, electrical contractor insurance is designed to protect electricians and the company they work for (if not self-employed) from damage due to negligent work and injuries caused/sustained during a day on the job. It can also protect against damage to, or theft of, company property.

Is Electrical Contractor Insurance Mandatory?

In short, it depends on where your business is located. Contracting trades can absolutely make this type of insurance mandatory, and almost without a doubt will do so in major cities and metropolitan areas. Check your local and state laws to find out if it’s required where you are.

Also, most states require, at the least, workers’ compensation which will cover employees’ medical diagnoses, treatments, and income lost if they are unable to work due to on-the-job injuries.

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