A guide to choosing electrician insurance.
Omaha, NE, May 13, 2025 (GLOBE NEWSWIRE) — 
A guide to choosing electrician insurance.
Electricians have a unique combination of technical knowledge and physical skills that puts their services in high demand. If you’re an electrician, you know clients hire you to do crucial work, often in challenging conditions, and those projects come with significant risks. That’s why you need electrician insurance.
But what exactly does electrician insurance cover? How much does electrician insurance cost? How do you know what type of coverage you need?
Our guide to electrician insurance answers those questions and more so you can be well-informed about this crucial financial protection for your business. Let’s dive in.
Why electrician business insurance is essential.
Nobody wants to spend their workdays worrying about what might go wrong. Still, it’s important to consider the specific risks electrical contractors face. These risks highlight the importance of getting the right electrician business insurance.
Here are some made-up scenarios representing the very real risks faced by businesses like yours:
- One of your employees is on a ladder when they lose their balance and fall, breaking their arm and incurring over $10,000 in medical bills.
- A client says you made a mistake when wiring part of their building and they now have to close for several days to have the work redone. They sue your business for the $75,000 in revenue they lost while closed.
- Thieves break into your work van and steal more than $1,500 worth of tools.
- A fire at your office destroys equipment valued at $25,000.
We hope these types of incidents never happen, but they could.
If your business doesn’t have electrical contractor insurance that covers critical risks, you’ll have to pay the costs out of your savings or revenues. For many small businesses, one serious incident not covered by insurance can create an expense that’s difficult to manage. In fact, some don’t survive being hit by a lawsuit or property damage.
The good news is that comprehensive insurance for electrical contractors can pay for these types of expenses and more—protecting your finances and helping your business keep moving forward after an expected event. Read on to learn about the coverages included in electrician business insurance from THREE.
THREE’s comprehensive policy protects electricians.
A THREE policy provides comprehensive insurance for electrical contractors. But what does “comprehensive” mean? Essentially, we include several types of coverage—which other providers might offer separately—in one, single policy.
- General Liability insurance addresses third-party bodily injuries and property damage. Importantly, this includes incidents that occur after an electrician has completed the project and left the site. While we don’t use the term in our policy, the insurance industry typically refers to this as the “completed operations” portion of a policy.
- Workers’ Compensation insurance covers employee medical expenses if someone gets hurt or sick on the job. It pays bills for treatment and rehab. It can also cover a portion of an injured employee’s wages while they recover.
- Professional Liability insurance is also called Errors & Omissions or E&O insurance. It can pay costs related to client lawsuits over alleged mistakes by your team. This includes court-awarded damages and your legal defense costs.
- Employee Theft coverage protects your business if someone who works for you steals from your company or a client.
- Commercial Auto insurance covers vehicles your company owns or rents. It can pay costs related to lawsuits filed by people over accidents where your employee is at fault. Commercial Auto also covers repairs to your vehicles after accidents, damage from vandalism, and other specified causes.
- Property insurance coverage protects the physical items your business owns, helping with costs to repair or replace them.
- Cyber Liability insurance for electrical contractors addresses the risk of someone gaining unauthorized access to your systems, stealing sensitive information, and using it to commit fraud. The Cyber insurance in a THREE policy can pay specified costs related to a cyberattack.
In short, a THREE policy provides the coverage most electricians need.
How THREE insurance benefits electrical contractors.
THREE offers the most coverage in a single policy for small businesses. Why is that important?
First, you’re busy running and growing your business and surely would rather focus on that than spend lots of time on business insurance—researching and purchasing multiple policies, updating all those policies as your business evolves, managing multiple renewals, etc. All-in-one electrical contractor insurance from THREE reduces the time and effort required to ensure your business has the right coverage.
Our comprehensive approach also helps ensure businesses have the coverage they need. Companies with multiple business insurance policies can’t always be sure they’re adequately protected.
In addition, if you ever need to file a claim, it’s much easier to work with one company.
Newly licensed electrician? Experienced electrical contractor? THREE is here for you.
We’re honored to be trusted by electricians and electrical contracting business owners of all kinds. Newly licensed electricians come to us for insurance that delivers tremendous benefits (and peace of mind) for the cost. They also appreciate that our small business advisors can help them understand insurance basics if they’re new to business coverage.
Established electrical business owners contact THREE to protect their companies from the many risks they face. They’re glad to learn that our comprehensive policy offers Workers’ Compensation for electricians and other essential coverages for their property and operations. It’s also important to them that their policy limits can grow as their companies scale. They understand that their electrician insurance cost is minimal compared to the potential expense from a lawsuit, property damage, or other incident.
Are you an independent electrician working as a freelancer? We also serve businesses like yours. Your operation may be smaller, but you face many of the same risks as bigger businesses. Plus, as a solo entrepreneur, you might have limited financial resources for addressing issues like lawsuits or property damage, so insurance is important for your business.
How to get a THREE policy for your electrical contracting business.
We want you to focus on operating your business, so we’ve streamlined the process for quoting and purchasing insurance from us.
First, you can get a quote for a THREE policy online whenever you have a few minutes. All you have to do is provide information about your business, and we can tell you what you’ll pay for coverage, if you’re eligible.
Buying your policy is also straightforward. You purchase online or over the phone, and coverage is typically active the next day.
Your skill as an electrician and our insurance expertise is a winning combination.
You want to practice your trade, please your clients, and grow your business. We want to provide the insurance you need in a convenient, comprehensive policy backed by customer service you can rely on. It’s an excellent match!
If you have questions about insurance for electricians, be sure to reach out. Our friendly and knowledgeable small business advisors are happy to answer them.
About THREE Business Insurance
Our promise: one policy, comprehensive coverage, and a fair price. It sounds simple because it is. THREE is here to serve you and your business, with no middleman and as your business’s only insurer, we’ll protect you from loss, guide you through crisis, and be here when you need us. https://threeinsurance.com
Media Contact:
Dave Stanard | 1-800-507-4495
