What Information Do I Need To Provide To Get Electricians’ Insurance?

Electrician insurance companies ask a lot of questions, but they have good reasons for doing so.

Your insurance company will need to know about your annual turnover, wages, subcontractor payments, as well as what type of electrical equipment you install, whether you are registered with Safe Electric, and any previous claims.

This is so your insurance provider can accurately calculate your risk, and give you an accurate quote.

In this article, we’ll go over the following questions:

• How do I get electricians’ insurance?
• Why do electricians’ insurance need to know about my employees?
• Does electricians’ insurance cover three-phase work?

Sometimes, it seems like insurance providers want to know everything about you down to your first pet’s name. They ask so many questions in order to accurately assess the risk of insuring you, and determine the monthly cost of your premium.

How do I get electricians’ insurance?

Pick up the phone, and give us a call. Once we know all about you and your business, we can find the best electrician’s insurance quote for you on the market.

Firstly, we need to know about what types of work you undertake most often. We know no two days are the same when you’re an electrician, so that’s why we need to be as comprehensive as possible.

At a minimum, make sure you tell us all about:

• Your projected annual turnover
• Projected annual wages to employees
• Subcontractor payments you have in place
• The depths you work at (underground wiring, for example)
• The heights you work at (installing solar panels, for example)
• Whether you install alarm systems
• The length of time you’ve been working as an electrician
• Whether you undertake three-phase work
• Details of any previous claims you’ve made

Having all this information prepared beforehand will save a lot of time and fuss and ensure no one forgets anything important.

You should also tell us whether you are registered with Safe Electric. If you are, that’s great news, as your insurance will normally be cheaper. We are fully R44 compliant, so get in touch to arrange your insurance.

Why do electricians’ insurance need to know about my employees?

Put simply, they need to know who works for you in order to give you a more accurate quote.

This is because it not only matters how many employees you have, but also what they do. For example, if your husband or wife works as your receptionist, you will still need to declare them on your insurance. Not only that, the cost to insure them will be much lower than for an electrician. This is because they are much less likely to injure themselves working in an office or from your home than if they were an electrician.

If your employee or casual worker injures themselves on the job and you are proven negligent, then that employee will be awarded compensation. Unless you have employers’ liability insurance, this will unfortunately come out of your own pocket. You must have employers’ liability insurance if others work for you on a part time or full time basis. If you do not, compensation payments could likely put you out of business.

Does electricians’ insurance cover three-phase work?

Yes, as long as you have informed your insurance provider that you undertake that kind of work.

Working with high voltage systems is inherently more dangerous than single phase domestic properties, and so your insurance needs to know about it. Some insurers offer cover which is specifically tailored to accommodate street lighting, switchgear for certain industries and substation work.

You need to inform your insurance provider whether you work on domestic or commercial properties, whether you install alarm systems, and if you work at certain heights or depths during a typical day. Making sure your insurance provider is clued-in as possible means that any claims you need to make are processed as smoothly as possible.

If you’re confused about electricians’ insurance or have any more questions, don’t hesitate to get in touch and one of our friendly advisors will be on hand to help.