According to data collected over the last decade, those who work as electricians tend to be employed in one of the most dangerous industries on the planet. Typically, companies that offer electrical services provide ample insurance for their workers. However, self-employed contractors may find it much more difficult to navigate the realm of appropriate coverage. Take a moment to review these points and learn how electrical contractors can stay safe no matter what the future holds
Understand Your Options
When reviewing your options with self employed electrician insurance, you always want to begin with professional liability coverage. This is a foundational element of all modern insurance plans that covers a ton of common issues. Next, you want to address more specific risks of your industry by taking out coverage related to property. Since you’ll be working on residential and commercial buildings alike, you need to be sure your insurance covers all dwellings you will be entering. Other points you need to think over include:
- Workers’ compensation coverage
- Commercial vehicle coverage
- Life insurance
Find the Right Fit
Though it might be a dangerous line of work, there are plenty of perks to being an electrician. As long as you have insurance that protects you from the unknown, you’ll be ready to face any possible threats that come along down the line.