Electrical Contractor Insurance
Comprehensive Insurance Solutions for Electrical Contractors
As the popular choice for electrical contractors insurance, we understand the unique risks and challenges you face in your profession. For example, as an electrical contractor, you might manage large-scale commercial projects where a single mistake could lead to significant property damage or serious injury. Unlike smaller electrician companies or solo practitioners, you might also coordinate multiple teams, increasing the risk of workplace accidents. We’re here to provide tailored insurance packages that offer robust protection and peace of mind.
What You Get
Liability
Fleet
Plant
Professional Indemnity
Legal
And more…
Why Choose ABA Insurance for Electrical Contractors Insurance?
At ABA Insurance, we specialise in crafting bespoke insurance solutions that meet the specific needs of electrical contractors. Whether you’re a solo electrician, a telecommunications engineer, or a business owner with a team of electricians, we have the right coverage for you.
Tailored Coverage
Our electrical contractors insurance packages are designed to include only the coverage you need, ensuring you’re not paying for unnecessary extras.
Competitive Pricing
We offer some of the most competitive rates in the industry without compromising on coverage quality.
Quick and Easy Process
Obtain your electrical contractors insurance on the go with our streamlined online process. Get covered during your lunch break!
What Makes Us Different
We are specialists in the Construction Industry. We have the expertise and knowledge to get your business the most comprehensive and competitive insurance solution. We add value to your business by working closely with you, helping protect your business from financial loss, all while delivering a seamless easy experience.
What Insurance Do Electrical Contractors Need?
Life as an electrical contractor can be demanding, with various risks lurking at every corner. To ensure you are adequately protected, it’s essential to understand the different types of electrical contractors insurance coverage you might need:
Public Liability Insurance
This is essential for covering legal costs and compensation if your work causes injury or property damage.
Employer’s Liability Insurance
A legal requirement if you have employees, protecting against claims from staff who suffer injury or illness due to their work.
Tools and Equipment Insurance
Safeguard your tools and equipment against theft, loss, or damage.
Professional Indemnity Insurance
Covers legal costs and damages if a client claims your professional advice or services caused them financial loss.
Income Protection Insurance
Provides financial support if an injury or illness prevents you from working.
Essential Insurance Types for Electrical Contractors
Public Liability Insurance
Public Liability Insurance is crucial for protecting your business against claims of injury or property damage caused by your work. This insurance covers legal costs and compensation, providing financial protection in case of accidents.
Employer’s Liability Insurance
If you employ staff, Employer’s Liability Insurance is a legal requirement. This coverage protects against claims from employees who may suffer injury or illness due to their work.
Tools and Equipment Insurance
Protect your valuable tools and equipment against theft, loss, or damage with our comprehensive Tools and Equipment Insurance. Ensure that your business operations remain uninterrupted even if the unexpected happens.
Professional Indemnity Insurance
Professional Indemnity Insurance covers legal costs and damages if a client claims that your professional advice or services caused them financial loss. This is essential for safeguarding your reputation and finances.
Income Protection Insurance
In case of an injury or illness that prevents you from working, Income Protection Insurance provides a safety net by covering your essential expenses until you can return to work.
What Insurance Do Electrical Sub-Contractors Need?
You might think that being a sub-contractor means you can rely on the main contractor’s insurance, but this is often not the case. As an electrical sub-contractor, having your own insurance is crucial to protect yourself from potential financial losses if something goes wrong on-site.
As an electrical sub-contractor, it’s essential to have your own Public Liability Insurance. Without this coverage, you might find it challenging to secure work, as contractors prefer hiring insured sub-contractors. This policy protects you against claims for injury or property damage caused by your work.
Additionally, consider other insurance policies to safeguard your livelihood:
- Tools and Equipment Insurance: Protects your tools while in transit or on-site.
- Van Insurance: Covers your business vehicle against accidents and theft.
- Tax Enquiry Insurance: Essential for sub-contractors who might need to prove their employment status under regulations like IR35.
Having these policies in place ensures you are fully covered and can work with confidence, knowing that you’re protected against unforeseen events.
Additional Insurance Options for Electrical Contractors
- Legal Expenses Insurance: Covers legal costs if you need to defend your business or claim compensation.
- Tax Enquiry Insurance: Provides protection in the event of an HMRC tax investigation.
Van Insurance: Ensure your business vehicle is covered for all eventualities, including accidents and theft.
How Much Cover Do You Need?
Determining the right amount of electrical contractors insurance coverage depends on several factors, including the size of your business, the nature of your work, and the potential risks involved. At ABA Insurance, our expert advisers can help you assess your needs and recommend the appropriate level of coverage.
Factors Influencing Your Insurance Premiums
- Business Size and Turnover: Larger businesses with higher turnovers may face higher premiums.
- Coverage Limits: Higher indemnity limits result in higher premiums.
- Location: Certain areas may carry higher risks, impacting premiums.
- Type of Work: More hazardous tasks may attract higher insurance costs.
Claims History: Fewer past claims can result in lower premiums.
The Importance of Electrical Contractors Insurance
No matter your experience level, accidents and unforeseen events can occur. Electrical contractors insurance provides crucial protection for your business, covering legal costs, compensation claims, and equipment replacement. Ensure your livelihood is protected with ABA Insurance’s comprehensive coverage.
Client Testimonials
I cannot recommend this company highly enough. I have been a customer since April 2018 and the service I have received is outstanding. The staff are friendly and extremely helpful. Nothing is too much trouble. I would just like to say an extra thank you to Isabella for her customer service and commitment
Chris Baker
CEO/ Founder
Your Questions Answered
How do I know what level of cover I require?
Speak to one of our expects today who can guide you through understanding the levels of cover limits you may require. Call 01474 833 322.
What does Public Liability actually cover?
In short, this covers any damage you cause to any Third Party Property &/or Persons.
What does Professional Indemnity actually cover?
In short, this covers any claim that can come from any losses you may have caused your client or third party caused by the negligence of your professional services & advice you offer.
What is the difference between (BFSC) and (LOSC)?
A Bonafide Subcontractors is a supply and fit contractor that provides their own tools and materials. A Labour Only Subcontractor is pretty much an employee who you pay on a day rate and is under your supervision, direction & control.
What does Contractors All Risk actually cover?
Also referred to as Contract Works, this covers any damage/losses to your works in progress (on going works).
How can I get a quote from you?
Simple call us on 01474 833 322 and one of the team will assist you through a quick and easy experience.
Who do I contact if I have questions?
If you already have a policy with us, you can contact your account manager or alternatively call us on 01474 833 322 and a member of the team will be happy to help.
Why should I choose ABA Insurance?
We are a specialist brokerage within the Construction and engineering industry which means you only deal with a broker that understands your business. We advise on the best insurance solutions to help you in every way possible from advice, claims handling to any questions throughout your policy.
Who will deal with me at renewal?
The same person you delt with at the start. Our team want to make sure they know you and your business inside out. They are dedicated to you from new business all the way through to your renewal.
One Point Of Contact, Countless Ways To Help.
Get Your Electrical Contractors Insurance Quote Today
At ABA Insurance, we make it easy to get the coverage you need. Use our online quote generator to receive a personalised insurance quote, or contact our expert team for advice tailored to your business.
