Insurance for Electrical Contractors in Texas

Even though electrical contractors are professionals in their field, working with electricity is still both dangerous and terrifying. While electrical contractors are trained in performing their services perfectly, there are times when things can go wrong. During business operations, it’s possible for electrical contractors to make mistakes and cause insurmountable damage and injuries. Clients who are unsatisfied with their work can sue them for negligence or property damage. However, with a comprehensive insurance plan, electrical contractors can protect their business from costly liabilities and damages.

Contact Quote Texas today if your electrical contracting business in Texas needs a comprehensive insurance plan. Our company has been providing and creating excellent insurance plans for different industries for years, so we know exactly which policies suit your business. Whether you’re an independent contractor or someone who’s running an electrical contracting company, we recommend that your plan should include the following essentials to protect your business from unfavorable scenarios:

Commercial General Liability – this plan covers your business or your workers should they be sued or found liable for the following during business operations:

  • Damage to other people’s properties
  • Bodily injuries and deaths
  • Advertising and personal injury

Commercial general liability will also cover the cost of the damages and losses incurred in the event. This insurance can cover the cost of your legal defense and medical fees.

Commercial property – gives you the assistance you need if ever your main office encounters a disaster. This insurance will cover the loss or damage of the following should natural disasters or break-ins arise:

  • Other people’s properties
  • Equipment and inventory of goods
  • Landscaping
  • Furniture and fixtures
  • Building or structure

Workers’ Compensation – if you own an electrical contracting company, it’s only fair to provide your laborers with complete workers’ compensation. Working with electricity is risky business, so it’s good to reassure your laborers that they and their families are financially secured if ever something unfavorable happens on the job. Workers compensation offers several benefits, which are:

  • Income benefits
  • Medical benefits
  • Burial benefits
  • Death benefits
  • Vocational rehabilitation benefits

The state of Texas doesn’t require most private businesses to provide workers compensation. However, having this insurance gives you and your laborers peace of mind.

Equipment and Tools equipment and tools insurance covers the cost of replacement and repairs for all of your equipment. Though commercial general liability already protects your tools to a certain degree, it doesn’t offer ideal coverage.

 Commercial Auto – should any of your commercial vehicles meet an accident while in transit, commercial auto insurance is designed to cover the following incidents:

  • Liabilities resulting from damage to another person’s property, injury, or death
  • Damage from collision
  • Damage from non-collision (e.g. vandalism, theft, and other perils)
  • Personal or medical payments of the insured
  • Injury or property damage caused by hit-and-run motorists or the uninsured

Apart from these essential policies, Quote Texas can include other kinds of insurance to your plan. We can include professional liability or even business owner’s policy if you’re looking to secure your company even further.

We make insurance simple to understand and easy to purchase. Give us a call today 844-756-8684 so we can create a plan for you.