Electrician Public Liability Insurance
Public liability, while not a legal requirement for electricians, is almost always to be recommended. It protects you in the event that a member of the public – most likely your client – claims that they have suffered an injury, illness or loss as a result of your work. Given that you will often be ‘on site’ at a client location, its very sensible to have this in place. In the event of a claim being made against you, even where the claim is ultimately proven to be false, Public Liability protects you against the costs of your legal defence as well as any compensation that may be awarded, up to the policies indemnity level, which can be flexed to suit your requirements.
How much does Public Liability Insurance cost for electricians?
There are a number of variables that will impact on what PL for electricians will cost. A sole trader working on domestic projects is obviously going to spend less on public liability insurance than a Limited Company of Electrical Contractors working on major commercial projects. The most important thing is to ensure that you have the right level of cover to reflect your business needs.
Cheap Public Liability Insurance for electricians
You can buy Public Liability as a stand-alone policy on its own. But typically, when you need to take out other cover anyway, buying Public Liability as part of a Tradesman Insurance policy will often work out the cheapest way of getting the electricians cover you need.
Professional Indemnity Insurance for electricians
Do electricians need Professional Indemnity Insurance? The answer is that its not a legal requirement. But often it can be wise to have it in place. Where you recommend a system design, or where you are working from a plan and see a need to modify it on site, you are effectively giving professional advice, and should something go wrong, you could be held liable – even years after the event. So, depending on your work, its worth talking to us about finding Professional indemnity for your electricians business.