As an electrician, you provide a valuable service. You keep peoples’ homes powered, running and safe. Though you’re cautious to always do the job right, whether you’re rewiring an old house or repairing a damaged outlet, you need to look out for the safety of your business, too. The right insurance policies can make all the difference.
The Types of Risks You Face
You’re responsible for everything that happens while you’re on the job. If you damage a customers’ property, you may have to pay for the full cost of repairs. If one of your employees gets injured while working, you’re responsible for the cost of their medical treatment. At a minimum, you’ll need to protect yourself from the following types of risk:
- General liability
- Work-related injury
- Commercial vehicle use
- Property damage
You can mitigate the risks you face as an electrician with the right type of electrician coverage.
What To Look for in a Policy
Every business is unique. This means the exact coverage options you will depend on the needs of your business. When you’re shopping for an insurance policy, look for one that offers comprehensive liability protection, commercial auto insurance, workers’ compensation insurance (if you have employees) and commercial property insurance for your headquarters.
Finding the right insurance coverage is the best way to protect your company and your employees. If you don’t already have coverage in place, start exploring your options now.