Electrical Contractors Insurance

List of Contractors      Coverage Options      FAQs

Contact us at 607-843-8860 and insurance@drickardinsurance.com.

The One Man Show      I'm A Sole Proprietor And They Are Making Me Buy Workers Compensation      Electrical Contractor With Employees

We find insurance from among the many insurance companies we work with for electrical contractors who do work that is found in a residential or light commercial setting.

We have found a few insurance companies that understand the special complexities of electrical work and are happy to write insurance policies to cover them.

As with any business the bottom line is a concern. We have seen premiums under $600 a year. Keep in mind there is likely not enough coverage for most businesses at this minimal coverage. Many Handyman operations will find coverage at under $700 per year. For specific information on policies that fit your needs, including Commercial General Liability, Commercial Auto, Workers Compensation, and NYS DBL and PFL please contact us at 607-843-8860 or email insurance@drickardinsurance.com.

The One Man Show Electrician

You work by yourself, or with an occasional helper, handling the type of electrical service needs found in a residential setting. The Commercial General Liability policies we have found generally range from less than $600 to $800 per year if you only work by yourself. To add an occasional helper will add usually less than $200 to $300 annually. This type of policy does not include your tools, and other property coverage that you may need. We strongly encourage you to get more than the smallest policy you can find for many the reasons we are happy to discuss with you at insurance@drickardinsurance.com or 607-843-8860. If you have a helper you will need the mandatory employment insurances required by New York State.

Sole Proprietor With No Employees That Needs Works Compensation

In addition to the Commercial Package Policies discussed earlier, one man operations are being forced to buy a workers compensation policy. We can arrange coverage for a sole proprietor who does all of the work himself with, no employees or helpers, to acquire "if any" Workers Compensation (WC) policy that the owner excludes himself on. (We don't think a workers compensation policy that excludes the owner is in his best interests.) The total cost of the WC package has been in the $3,000 a year area. Actual premiums depend upon coverage specific case by case underwriting. We are happy to discuss your electrician insurance needs with you at insurance@drickardinsurance.com or 607-843-8860.

Electrician With Employees

We can help established electrical contractors with employees that qualify under all of the stipulations listed above. Come to us for the Commercial General Liability, Business Property, Commercial Auto, Workers Compensation, and NYS DBL/PFL insurance. Based on your needs we will work together to select insurers among the many companies we work with. Contact us so we can custom design an insurance package for this need at insurance@drickardinsurance.com or 607-843-8860.

Click here for a partial list of coverage options.