Electricians typically work with live wires, high-voltage circuits, and specialized equipment, so they are prone to safety hazards and third-party claims for property damage and bodily injury. At Bema Insurance, we partner with a wide range of carriers to offer all-in-one electrical contractor insurance to cover these risks and resulting financial expenses.
Despite your strict adherence to safety measures, accidents can still happen. For example, an electrical system you installed at a client’s home may malfunction, interrupting the power supply or causing damage to appliances. The aggrieved client might sue your business for financial losses resulting from the faulty work. Likewise, there may be times when your employee gets an electrical shock and injures their hand or a third party, say a guest or visitor, trips over your electrical cords and sues your business for negligence.
At Bema Insurance, we can cover you and your business against such incidents with our electrical contractor insurance.
We provide the following coverages to ensure all-round protection for your business at all times:
Faulty electrical installations may cause physical injuries and property damage to third parties. Therefore, general liability coverage is essential to cover your business against possible financial and legal liabilities. This policy also covers claims of copyright infringement, libel, slander, or defamation.
If a client sues your business for incorrect work or advice, professional liability insurance will cover the resulting legal expenses and settlement costs. It also protects your business against claims related to alleged or actual negligence and failure to deliver services on time.
You will be held liable for accidents/injuries sustained by your electricians at work, so workers’ compensation should be an integral part of your electrical contractor insurance. It protects your business against work-related lawsuits while compensating injured employees’ medical bills and lost wages.
The loss or damage to your electrical equipment, including power tools, screwdrivers, and wire strippers, can delay your projects and cause financial losses. Our equipment coverage will cover the repair/ replacement of damaged equipment, helping you quickly get back to work
If your commercial building or electrical equipment is damaged by a natural disaster or vandalism, our interruption coverage will cover lost profits and other operating expenses, including your employees’ wages.
At Bema Insurance, we ensure that your electrical contractor insurance is a smart investment in your business’s financial future. With over 45 years of experience and expertise in the insurance industry, we specialize in writing policies for electrical contractors and customizing coverage according to their industry-specific exposures. Our dedicated insurance professionals quickly respond to claims, ensuring the utmost protection for your business at any given time.