Electrician insurance

Electrician public liability insurance

In case you or your employee injure someone or damage their property.

What’s typically covered by electrician public liability insurance?

Legal costs and compensation payouts that result from claims against your business for:

• damage caused by you to someone else’s property
• injury caused to someone else while you’re carrying out work (including medical costs)
• damage to someone else’s property, caused by an employee

For example:

• your wire work is faulty and causes a small fire in your customer’s house
• a customer gets an electric shock injury after you’ve wired a plug

Read more about public liability insurance

Employers’ liability insurance

In case an employee gets ill or injures themselves at work.

What’s typically covered by employers’ liability insurance?

Legal costs and compensation payouts that result from claims against your business for:

• injury or illness to an employee, caused by working for you (including medical costs)

**Employers’ liability insurance is required by law if you have people working for you. Without it, you could be fined up to £2,500 a day for each employee.**

For example:

• your employee does some rewiring and electrocutes themselves
• your employee trips over your toolbox and breaks their arm

Tools insurance

In case your tools are stolen or accidentally damaged.

What’s typically covered by electrician tools insurance?

• theft of your business tools while you’re on site
• accidental damage to your business tools when you’re on site

For example:

• your drills are stolen while you’re working
• one of your employees spills their coffee over your radio

What you’ll need additional cover for

• your tools when they’re in transit between jobs

Read more about tools insurance

Stock insurance

In case your stock is accidentally damaged or stolen.

What’s typically covered by stock insurance?

• accidental damage or theft of the equipment you’re using on a job

For example:

• you leave some equipment outside of a customer’s house and it rains, ruining your equipment
• thieves break into your van and steal your equipment while you’re working on site

What you’ll need additional cover for

• you’ll need goods in transit cover for your materials as you travel between jobs

Read more about stock insurance

Hired-in plant insurance

In case of loss or damage to hired plant.

What’s typically covered by hired-in plant insurance?

• damage accidentally caused to items of the plant you hired from someone else
• hire charges you still owe even though you’ve damaged the item

For example:

• the wrong key is used for an item of hired plant and it breaks
• an item of a hired plant is stolen from site, and the hire charges still apply while you wait for a replacement

Read more about hired-in plant insurance

Own plant insurance

In case of accidental or malicious damage to your own plant items.

What’s typically covered by own plant insurance?

• any larger items that you use to complete your day to day activities
• accidental or malicious damage to your own plant items

For example:

• you’re on a job and your plant is locked away – someone breaks in and steals the equipment that’s needed to complete the job
• an employee spills liquid on your plant which means it’s no longer usable

What you’ll need additional cover for

• wear and tear of your own plant

Read more about own plant insurance

Contract works insurance

In case your work is disrupted on-site due to theft or damage.

What’s typically covered by contract works insurance?

• covers work in progress on your construction site
• damage or theft of your customer’s tools and equipment that are left on site

For example:

• you’re the main contractor on site, and a fire caused by vandals sets the completion date back. As a result, your customer’s materials are damaged, causing a delay in completion

What you’ll need additional cover for

• you need cover for your own tools and materials – if there’s a fire on site, causing a delay in completion, your tools wouldn’t be covered

Read more about contract works insurance

Legal expenses insurance

In case there are any legal costs associated with running your business.

What’s typically covered by legal expenses insurance?

• legal expenses resulting from your day-to-day business activities, like disputes with employees
• HMRC investigations, and tax and compliance disputes
• includes a tax advice helpline, a 24/7 confidential legal helpline, and crisis PR support

For example:

• if you’re investigated by HMRC – this cover can cover the costs of any tax enquiries
• a former employee takes you to court after you’ve sacked them

Read more about legal expenses insurance

Personal accident insurance

In case of injury at work or outside of work.

What’s typically covered by personal accident insurance?

• injury or death for anyone covered on the policy
• lost income, medical and hospitalisation costs

For example:

• you lose a finger working on site
• your casual labourer breaks his leg on a night out

Read more about personal accident insurance

Professional indemnity insurance

In case a customer suffers financial loss because of you.

What’s typically covered by professional indemnity insurance for electricians?**

Legal costs and compensation payouts that result from claims against your business for:

• something you or your employees have or haven’t done
• you or your employees giving the wrong advice to a customer

For example:

• you provide an electrical safety certificate to your customer – after this, they have an electrical fire which forces them to close their business for a month

Read more about professional indemnity insurance