Electrician Insurance
Finding Your Affordable Electrician Insurance Policy Is Easy. Get Free Quotes from Top Insurers in 10 Minutes.
Insuring over 1 million small business owners worldwide.
This block is configured using JavaScript. A preview is not available in the editor.
Get Electrician Insurance for as Low as $29.17/Month.*
You’ve spent years learning and practicing your trade to get to where you are today. With so much time invested in your business, you owe it to yourself to protect your hard work.
Not sure where to get started? Simply Business has you covered.
We’re an online insurance brokerage that’s committed to helping small business owners like you find personalized and affordable coverage. If you’re looking for electrician liability insurance, we can help you find the policy that’s right for you.
The best part is that the entire quote process takes only a few minutes. Simply answer some questions about your business to get custom quotes from the nation’s most trusted insurers. We’ll let you know exactly what type of policies you need. Ready to get started?
What to Consider When Looking for The Best Small Business Insurance
Looking for the best coverage fit for your small business? Simply Business can help. Our free quote comparison tool matches you with policy options based on your business’s needs.
Insurance Policies Available for Electricians
Your expertise lies in circuits and conductors, not policies and premiums, and that’s OK. Business owners support their communities with their skills, which doesn’t leave much time to learn about business insurance. Luckily, you don’t need to be an insurance expert to get covered. We know you have a lot on your plate, so let’s cover the essentials of electrician insurance.
General Liability Insurance
Do you know how a surge protector prevents a voltage spike from damaging an appliance? General liability insurance works similarly for your business. There’s an average amount of stress that your business may deal with daily, but a single spike in costs because of an accident or injury could do serious harm to your company. That’s where GL insurance comes in. General liability insurance, or GL, covers costs associated with third-party accidents, damages to property, and bodily injury to a third party (e.g., a client or vendor).
Workers’ Compensation Insurance
Calling all electricians with employees — this section is for you. If you have full-time or part-time employees, the chances are that your state requires you to have workers’ compensation insurance. This type of insurance covers medical bills, lost wages, and any legal costs associated with an employee who gets sick or hurt on the job.
Why Should I Get Electrician Insurance?
We understand that you may have a lot of questions about business coverage. How much does electrical business insurance cost? How much coverage do I need? Is it required? As someone in charge of your own business, it’s smart to explore your options first.
Cost of business insurance
Any new monthly expense requires consideration, but you don’t need to sign up for a one-size-fits-all policy that’s beyond your needs or means. Your coverage amount, and subsequent monthly cost, is dependent on your business right now. Factors such as whether or not you have employees, your business location, services you provide, revenue, and more are all considered in your custom quote.
Cost without business insurance
Investing in business electrician insurance could mean the difference between accidents being minor hiccups and business-ending incidents. The average costs small business owners can be exposed to without insurance include:
- $30,000 for property damage or accident claims
- $39,000 for work injury claims
- $50,000 for reputational harm claims (e.g., in cases of slander or libel)
- $20,000 for a client slip-and-fall case
Building a business is hard enough, and a client’s claim for tens of thousands of dollars can put your business or personal finances on the line. While electrician business insurance may not be required in your state , it’s a good idea to have it. Unfortunately, being careful in your business doesn’t make you accident-proof.
Why Choose Simply Business?
We’re fast and affordable
Get free cleaning business insurance quotes in under 10 minutes, because who wants to spend hours learning about insurance?
We’re human
Insurance can be complicated. But whether you’re browsing our site or talking to one of our agents, you’ll quickly discover that we’re pretty down-to-earth about insurance.
We get your business
Forget one-size-fits-all insurance. Get the protection your cleaning business needs, when you need it the most.
Answers to More Electrician Insurance Questions
Is electrician insurance required by law?
It’s common for states to require electricians to carry a general liability policy because it can protect consumers and businesses, but not every state has the same laws. Our licensed insurance agents can help you understand the requirements where you live. We always suggest GL insurance, and workers comp insurance is usually required if you have employees.
Is electrician insurance tax-deductible?
Generally, businesses can deduct insurance premiums from their income tax. We always advise that you talk to a local accountant for your specific tax questions.
How much electrician insurance will I need?
We’ve designed our quote process to help you calculate how much coverage you need. Your policy depends on:
- The size of your business
- Your business’s location
- Your annual revenue
- And more
If you have more questions, our licensed insurance agents will be happy to assist you!
What should I consider before buying electrician insurance?
Our quote process and licensed agents take the guesswork out of getting insured, but you can speed up the process if you have the following on hand:
- Annual revenue and payroll estimates
- Information on any previous claims
- Valid training and certificate licenses as required by state law
Does electrician insurance differ by state?
Yes, there are different business insurance laws by state. You don’t necessarily need to know your state’s laws to get started, as our quote process considers your location, and our licensed agents can help you understand the requirements where you live.
What does electrician insurance cover?
A comprehensive insurance product — one that includes general liability and workers compensation — can cover:
- Bodily injury
- Accidents and damages
- Employee injuries
- Unintentional mistakes
- And more
If you don’t have employees, your electrician liability policy can cover:
- Bodily injury
- Accidents and damages
- Unintentional mistakes
- And more
How much does electrician insurance cost?
Each electrician liability policy is unique, and depends on what kind of work you’re doing and whether or not you have employees. Your policy cost will also be determined by:
- Payroll estimates
- The location of your business
- The specific services you offer
- And more
Want to see how much your electrician business insurance may cost? Just click here and get free quotes to compare policy prices.
What if I perform multiple activities?
Our licensed agents may be able to help you find insurance that offers protection for your other services.
Highly rated carriers. Handpicked for small businesses.
*Displayed price is an estimate based on the 10th percentile of General Liability policies sold by Simply Business between January-June 2024, divided evenly across a 12 month policy term. Actual price and payment terms, including an initial down payment, may vary based on your state, insurance provider, and business.
This content is intended to be used for informational purposes only. It is not intended to provide legal, tax, accounting, investment, or any other form of professional advice.