Electrical contractors’ insurance
Running an electrical contractor business is difficult. Insuring it shouldn't be.
Complex jobs and complex risks
You provide one of the most essential services to virtually all construction projects. You love the integral role you play in all jobs — big and small, residential and commercial. However, working with wires, appliances, and complex equipment is very difficult and leaves plenty of room for errors or accidents to occur.
Running an electrical services business comes with inherent risks to personal safety and to client property. To protect yourself, your business, and your clients, it’s important to have a comprehensive electrical contractors’ insurance policy that provides the right level of protection.
Have assets, like inventory or equipment, that can be stolen or damaged.
Risk customer injury or property damage due to your operations.
Accidents that could threaten your electrical contractor business
Without proper electrical contractors’ insurance, claims can take a considerable toll on the financial viability of your business. Here are just a few examples of accidents that could threaten your business:
Customer property damage: if you get hired to wire an office remodel and inadvertently damage the lobby with your equipment, the business owner could file a claim against you. Without electrical contractors’ insurance, you would pay for the damage out of pocket.
Driving to a customer’s site: if you run a red light and cause an accident while rushing to get to the next job site, auto-related claims will affect your business.
Workplace injuries: an employee could experience a workplace injury, for example, a fall from a ladder, and file a claim for workers’ compensation.
For example, just like when you order a meal at a fastfood restaurant, when you buy the meal deal, it's cheaper than if you buy your sandwich, drink, and fries individually.
Simplifies the insurance process and makes it easier for you to manage multiple coverages in one business owner’s policy.
It’s invaluable to have the peace of mind that you are properly protected through a range of coverages included in one business owner’s policy so you can focus on growing your business.
What kind of coverage is appropriate in an electrical contractors’ insurance policy?
You’ll want to be financially covered if you happen to make a mistake, experience an injury, or have a misunderstanding with a client. The insurance you need depends on several variables, including:
You need a comprehensive electrical contractors’ insurance plan that safeguards your investments, your equipment, and your personnel, wherever you go. Types of coverage for electrical contractors could include:
How to get electrical contractors’ insurance
We’re in this together. While many potential accidents could threaten the stability of your business, working with a trusted advisor can help protect your investments while you focus on getting the job done right.
There is no one-size-fits-all solution, which is why it’s important to discuss where and how you operate with a knowledgeable commercial insurance agent who has experience with electrical contractors’ insurance and will get you the coverage you need.
Why choose the Commercial Insurance Center for electrical contractors’ insurance?
By now you understand how important it is for your business to be properly insured. What’s next? Get matched with an expert who will take the time to understand the nuances of your business and industry to get you the right coverage at the right price.
Call the Commercial Insurance Center now at (380) 225-5242 to connect with an agent who has experience providing business insurance for electrical contractors just like you.