As an electrician working on live wiring or installing electrical equipment in high places, you know better than most the dangers involved with electricity and electric maintenance works. As specialist insurers, we make it our job to know them too.
While you work hard to make sure every job you do is completed to the best of your ability, it’s essential to have comprehensive electrician insurance to protect your business no matter what unexpected shocks come your way.
Professional indemnity insurance for electricians
Your work as an electrician relies on customers trusting you to get the job done reliably and with expert know-how. However, no matter how careful you are with the physical and theoretical elements of your job -- providing customers with advice and guidance on how to manage or maintain their electrical wiring or equipment – it is possible to make mistakes, or for your customer to misunderstand you.
If a customer holds you or your business responsible for them suffering a financial loss, the financial impact on your business could be catastrophic. Professional indemnity insurance for electricians can provide the necessary compensation and legal fees you may need to pay, as well as the cost of repairing any damages or treating any injuries.
More about Hiscox Professional Indemnity Insurance
Electrician public liability insurance
Any public-facing business can benefit from the protection provided by public liability insurance. This form of electrician liability insurance can provide cover against a claim from a member of the public that they have been injured or their property damaged because of your business’ activities.
Public liability insurance for electricians can cover you in situations such as: -
- If you accidentally cause damage to property: For example, if you damage a neighbouring property while installing an electric socket at a customer’s home.
- If a member of the public hurt themselves as a result of your work, or at your workplace: For example, if you leave a wire exposed and a member of the public receives an electric shock.
More about Hiscox Public Liability Insurance
Employers’ liability insurance for electricians
Does your electrician business include one or more employees? If so, you’re legally required to have sufficient cover in case they become injured or fall ill while working for you. If your employee takes legal action against your business, this form of electrician liability insurance can provide the financial assistance you need to cover the costs in dealing with a claim.
Employers’ liability insurance could cover the cost of providing compensation to your employee, treating their injuries, and defending and settling any legal cases. It’s important to note that this type of cover is only applicable to your employees and does not protect you personally.
More about Hiscox Employers’ liability insurance
Electrical Contractors’ Insurance
If you have sub- contractors that work for you on a supervised basis, you’re required to have electrical contractors’ insurance to cover you against any claims they might make against your business. If your sub-contractors fall ill or get injured while working for you, you may be required to provide compensation, medical costs and defend and settle legal cases.
Do I need both public liability + employers’ liability insurance?
Any business that employs one or more members of staff – including sub-contractors that work on a supervised basis – is legally required to have employers’ liability insurance. By contrast, you’re not legally required to purchase public liability insurance, but since your work regularly takes you among members of the public, it’s a worthwhile policy to have. It’s worth nothing that your employees are not covered by public liability insurance.
Winner 8 years running
You may wish to purchase our office contents policy, designed to protect home or office-based small businesses against the cost of replacing or repairing business equipment that has been accidentally damaged, lost or stolen. For your electrician business, you may also want to add some of the specialist covers we offer, including:
- Tool cover: covers equipment you use during the course of your work, such as screwdrivers and ammeters.
- Portable equipment: covers equipment used outside of your work premises, useful when visiting customers at their home or office.
- Business interruption: covers for the financial losses you may face from being unable to trade due to an unexpected interruption in your business.
- Equipment breakdown: covers the cost of repairing or replacing your equipment and tools after sudden electrical or mechanical breakdown.
More about Hiscox Office Insurance
Cyber and data insurance
Working with computers may be a regular part of your job as an electrician. Whether you use a computer for inventory, record keeping, resource management or research, if you keep aspects of your business on a computer, you may benefit from purchasing cyber and data insurance.
Cyber and data insurance can support and protect your business against any legal and recovery costs that you may face if your business experiences a data breach or a hacker attack. If much of your important information and crucial work processes depend on the use of a computer, this type of electrician insurance could be very helpful in protecting your business.
More about Hiscox Cyber and Data Risks Insurance
Tailor your business insurance quote
- 0% interest on Direct Debits
- Immediate coverage and documentation
- No admin fees if you amend your policy
Need more help? Speak to our UK-based experts. Call us on 0800 2800 351
Mon - Fri, 8am - 7pm, Sat, 9am to 2pm, excluding bank holidays. Calls are free from a landline and some mobile contracts
What is your profession?
Find out more about the range of insurance covers we offer to specific industries and professions in the list below: