Are you a member of ElectricianTalk.com? It is a forum specifically designed for electrical contractors. A discussion regarding insurance coverage for electricians raised a slew of excellent questions. Did you know that there is special coverage for indoor and outdoor electrical work? Some policies contain exclusions for electrical work performed on condos and townhouses. If you work on factory machinery you need a different policy, and there is separate insurance coverage if you program alarm panels. The overall sentiment regarding this topic was that you need a good insurance agent that you can trust because you never know how good (or bad) your insurance is until you need it.
An Agent You Can Trust
Because insurance policies can be so confusing, you need an insurance agent you can trust. One that knows the ins and outs of electrical contractors insurance, your individual states requirements, and also understands your specific business needs. Each state has different laws. Each contractor does different work. There is a lot to know and you have enough on your plate running a business. A good agent can make sure all your risks are covered while taking that extra burden away from you. Let’s face it, trying to learn and understand the ins and outs of insurance can be a burden if you already have too many responsibilities.
A Diverse Field
An electrician’s tasks are diverse, intricate, and can be dangerous. If an electrician makes an error, not only is it dangerous to them, but it is also dangerous to their client, and possibly even their clients’ clients. A mistake can cause physical injury or fire. An electricians daily tasks include the following:
- Install and maintain the power and electrical systems in factories, businesses, and homes.
- Install electrical wire, outlets, switches, lights, and panel boards.
- Connect wires to circuit breakers, transformers, alarm panels, and other systems.
- Work indoors and out.
What Insurance Does An Electrical Contractor Need?
Some of the types of insurance electrical contractors carry include:
- General liability insurance
- Property insurance
- Builder’s risk insurance
- Commercial auto insurance
- Inland marine insurance
- Umbrella liability/excess liability insurance
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.