As an electrician, keeping yourself, your workers and your clients safe while working is top priority. Safely and securely protect all three parties with different types of insurance policies. Minimum insurance is required for any kind of contractor in Ontario, but make sure that your insurance policy covers you in more ways than just the bare minimum with the following insurance coverages:
Commercial General Liability Insurance for Electrical Workers
Each day, you and your workers are responsible for fixing customer’s home or office electrical issues. Typically things go off without a hitch, though there is a risk that during your work, you could make a mistake that results in damage to a customer’s body or property. For example, if you’re fixing wiring outside but accidentally interfere with the plumbing, damage costs could be quite high. With a commercial general liability policy, legal, replacement and restoration costs may be covered.
Product Liability Insurance for Electrical Workers
As an electrician, you are constantly installing new wires, switches and making sure home and office electrical systems are functioning properly. In the event one of your installations malfunctions and causes bodily harm or property damage, your team could be liable to pay damage costs. When you have product liability insurance, you are protected from many repercussions that result from installing faulty parts.
Product Liability Insurance for Electrical Workers
As an electrician, you are constantly installing new wires, switches and making sure home and office electrical systems are functioning properly. In the event one of your installations malfunctions and causes bodily harm or property damage, your team could be liable to pay damage costs. When you have product liability insurance, you are protected from many repercussions that result from installing faulty parts.
Commercial Auto Insurance
You likely drive from one workplace to the next with a vehicle. Personal auto insurance doesn’t cover accidents that occur during commercial duties. If your vehicle is personally insured, accidents that take place while travelling from job site to job site are not covered and you will be paying out of pocket.
Covering you and your business with insurance is attractive to potential customers. They are able to see that you care about going above and beyond for the things that are important to you. Naturally, they will assume that you will extend the same level of care to them and the work you complete. Interested in the lowest rate for your electrician insurance? Call isure today and we will provide you with a quote for exactly what you need at a low cost.