A Video Guide to Electricians' Insurance

Want to get the best electricians' insurance at the best price? Inform yourself with what you might need as part of your insurance policy by watching our helpful video. Learn about public liability insurance, tools cover and more.

Electricians' Insurance: Video Transcript

Hi, my name is Lorna and I’m an adviser for Towergate.

In this video we’re going to talk about the main features of an electricians' insurance policy.

What is electricians' insurance?

Electrician's insurance a package of liability and business covers which provide the specific cover electricians and related tradesmen need.

It can cover you for most types of electricians' work including:

  • Large public contracts and private jobs

  • Laying new electrics or repairing old ones

  • Surveying and quoting

  • And even if you diversify in your business and do other work like plumbing or repairing you can be covered for these too.

The job of your insurer or broker is to have enough experience to understand both your business and the risks of your industry. They should be able to tailor or source you a policy which provides the best cover in the areas you need.

Electricians’ liability insurance

Possibly the most important features of electricians insurance are those related to liability.

Public liability insurance for electricians

Public liability protects the public from an accident or injury as a result of your business. In cases like this the insurance will pay compensation if a valid claim were to be brought against you.

Employers liability for electricians

If you have any employees, part-time, full time or contracted employers' liability can offer the same level of cover to them. Even without any employees, remember a good insurer should be flexible and able to add them as your business grows.

Professional Indemnity for electricians

Professional indemnity covers you for giving out advice as a professional service. If your advice turned out to be negligent or caused a loss to the receiver, they may want to raise a claim against you.

Many of the other features are optional on a policy of this kind so you won’t have to pay for extras you don’t need.

Electricians tools cover

Tools cover can be included if you need it, and your premium is based on the amount your tools cost so again, you won’t pay extra for cover you don’t need.

If you use hired in equipment you may still be liable to insure these and this can be included in your policy too. It’s a blanket sum, and is called ‘hired plant’ cover.

Electricians' contracts works insurance

Finally, another important feature is contract work

Contract works cover is to insure the value of your building contract. This means that if an insured event such as fire or a storm damages a project or holds it up you can claim the costs on your policy.

So for more advice on electricians' insurance give us a call directly or browse the site for more videos and guides.

About the author

Mike Stephens FCII is a respected senior industry professional and Fellow of the Chartered Insurance Institute (CII) with well over 40 years’ varied experience in the commercial insurance sector as a director, underwriter, and operational improvement manager.