March 28, 2022
If you are an electrician, you know that workers' compensation is a must-have insurance policy. But do you know what workers’ comp covers? And more importantly, do you know how much it costs?
In this blog post, we will answer all of your questions about workers' compensation insurance for electrical contractors.
All electrical contractors need workers' comp insurance. Not only is it required by law in most states, but it also protects you in the event of a workplace injury.
In most states, electrical contractors who hire just one employee must carry workers' compensation insurance. In some states, electricians with no employees are still required to purchase coverage for themselves as sole proprietors. However, even if your state requires only employers to obtain workers' comp coverage, it is recommended that you purchase a policy for yourself as well.
Electrical contractor workers' comp insurance can keep you and your business protected from expensive lawsuits. Without it, you risk high costs or personal bankruptcy if a worker is injured on the job.
Electrical contractors are among the most dangerous and high-risk professions in the United States. Professionals in this field often work with their hands, use heavy machinery and equipment, operate at heights, and work alongside other contractors or employees who may not follow safety protocols… all of this spells trouble for electricians who may find themselves injured on the job.
To help protect yourself and your employees, it's important to have electrical contractor workers' comp insurance. This type of policy can provide you with the financial security you need if an accident occurs and you're unable to work. It can also cover medical expenses, death benefits, and permanent or partial disability payments in the event that someone is hurt while working for your company.
There are some key requirements for electrical contractor insurance.
Kickstand Insurance can help you get the electrical contractor insurance that you need. We have a variety of policies to choose from, and we can work with you to find the best coverage for your business.
If you know of electricians who need workers’ comp insurance, contact us today. We can help get you and your team covered, protected, and on your way to a safe job site.