To be self-employed comes with a lot of benefits. As an electrician, however, you also have to be responsible for your insurance coverage. You do not have an employer that covers your costs with the company’s profit. Instead, you need to consider what types of insurance you need to protect yourself as an independent contractor.

Types of Coverages for Self Employed Electricians

The experts at list the potential coverages that an electrician may need. These coverages include:

  • General liability
  • Professional liability
  • Commercial property
  • Commercial auto
  • Health insurance

Often, independent contractors think little about the need for insurance coverage. When you are an independent contractor however, there are still risks to your job. You can still suffer injuries on the job, find yourself in a car accident with your commercial vehicle or wind up in the middle of a lawsuit because of an unhappy client.

Without the right coverages, independent electricians have to fend for themselves when it comes to legal fees. For instance, say that you have a client that files a lawsuit because he or she was unhappy with your work. How can you afford legal fees, much less a settlement if the client wins? With self-employed electrician insurance, you have the resources to handle anything that comes up.

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