Electricians Insurance
Anyone who works as an electrician will be no stranger to rules and regulations. Making sure your business has an adequate insurance package in place is just one of a series of measures you will likely be taking to fulfil your legal duties and create a professional, reliable business model.
In most cases, electrician businesses run vans and other vehicles. It is essential that you as the business owner insure these with motor cover, which is of course a legal requirement.
If you employ anyone else to work within your electricians business, for example other electricians, trainees and any administrative staff, you are an employer as far as British law is concerned. All employers are required to have employer’s liability insurance, so it’s essential to include this in your package of policies.
Insuring your electrician business premises is also an effective way to cover your equipment using a buildings and contents policy that is designed to suit your situation. You should ideally seek to check that your equipment, tools and machinery are all covered by such a policy.
Public liability insurance is particularly valuable for electricians since the trade is inevitably one that involves an element of danger. In case of any legal action, public liability cover may prove to be a vital asset in maintaining your livelihood.
Any electricians who are involved in professional activities such as consulting or advising may also benefit from professional indemnity insurance cover. You can also choose to cover your employees with health and optionally life insurance.
