Friday, February 17, 2012

Electrician Insurance | Lower Rates to Protect Your Business

Electrician InsuranceElectricians can face life-threatening problems and significant professional risks when installing electrical systems.? There can be problems awaiting you around every corner, and every problem could have huge consequences or even lead to death.? Even though you have taken all the proper precautions you never know when something beyond your control is going to happen.

Accidents that could occur to Electricians:

  • Property damage from fire
  • A client misunderstand instructions
  • Bodily injury due to a slip and fall
  • Lost or stolen tools and materials
  • Client or employee injuries

If your company has no insurance or low quality insurance, you are at risk of losing everything that you have worked so hard to obtained.? If you are injured then you are unable to pay for bills, if a third party is injured then you are liable for medical bills.? Either way you are responsible for large amounts of money and could close down your company.

To speak to an Electrician Insurance Broker about your insurance needs, call 1-800-253-7040!

Electrician Liability Insurance

Since there is a risk of injury, property damage, or loss of life if there is a mistake by the Electrician it is important to have Liability Insurance.? Liability Insurance protects you and your company if there is a compensation claim brought against you by a third party.

We will work with you to help you find the right Liability Insurance to fit your unique needs.? We can help protect you from wiring certifications, financial losses, and personal injury losses.?

Call to speak to a Liability Insurance specialists at 1-800-253-7040.

Workers Compensation Insurance

Most states require Workers Compensation Insurance if you have more than 1 employee.? Workers Compensation will cover medical benefits, lost wages, and rehabilitation cost if an employee is injured on the job.? Electrical Contractors face multiple risk during the course of business operations, so there is a constant risk of injury.? Even if you are the only employee of the company Workers Compensation can protect you and your company.

If you are injured on the job and are unable to work, who is going to pay the bill for you and your business.? Workers Compensation Insurance provides you or your employees with the benefits to keep going until you are able to work again.

Call 1-800-253-7040 to find out how Workers Compensation can benefit your company.

Electrician Bonds

Electrician bonds are required for compliance with local regulations and laws.? In order to due work in a specific area Electricians need to have the proper bonds in their local areas.? Without the proper bonds, it is unlawful for an electrician advertise, offer to do work, submit a bid, engage in, conduct or carry on the business.

Many clients are now requiring that contractors carry a wide range of bonds in order to due work with them.? Government contracts require that every contractor has the proper bonding before even bidding on a project.

Find out what Electrician Bonds you need in your area, call 1-800-253-7040 for more information.

Source: http://www.contractors1stinsurance.com/electrician-insurance

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