If you’re an electrician you face danger every day. Electricity can be life-threatening and sometimes unpredictable. You can get shocked, burned, electrocuted, or fall from a high place. Having insurance coverage is critical for you and your business. However, if you don’t have the right type of coverage you may as well not be covered at all. If you’re wondering what types of insurance you need, we can answer that question right here. The major thing to make sure of is, if you’re an electrician, be covered!
Electrical Contractors in Texas
If you are wondering what your insurance needs are as an electrical contractor in Texas the short answer is: it depends on the needs of your business and the state requirements for electrical contractors. Choosing the proper coverage can seem like being lost in a maze. However, that is what we are here for at Jeff Van Matre Insurance Agency, to answer your questions and make choosing insurance coverage easy. Typical coverage for an electrical contractor will be the same as any other Texas business including:
General liability insurance: In Texas, for an electrical contractor to become licensed, the law requires that you maintain the minimum amount of general liability insurance. General liability protects your business if someone is injured, or their property damaged because of a service that your business performed. The minimum amount of liability coverage includes:
- $300,000 per occurrence for property damage and bodily injury
- $600,000 general aggregate for property damage and bodily injury
- $300,000 aggregate for products and completed operations
Property Insurance: Covers your business assets against theft, fire, and other listed events. Such assets include:
- Office and storage space
- Other supplies
Commercial auto insurance: If you drive equipment to your worksite you may need this insurance to cover your business vehicles in case of an accident.
ABOUT YOUR DALLAS INSURANCE COMPANY:
With over 20 years of experience in the insurance industry, the Jeff Van Matre Insurance Agency can help you choose the right coverage plan to protect your personal and business assets. To learn more, or to get a free quote, call our Carrollton office today at 972-492-8500.