Finding the right Electricians Insurance is extremely important for anyone running a business. This applies to not only principal contractors, but subcontractors as well.
The types of Electricians Insurance required for your business will vary depending on your individual circumstances, business setup, and State Government requirements.
For example: electricians in the states of Queensland and Tasmania require an additional consumer protection endorsement on their Public Liability Insurance. This is a requirement of the licensing authorities in these states. It’s important to consider this when organising Electricians Insurance should you operate in either of these states.
Another important cover to take into account when organising Electricians Insurance is Workers Compensation and Income Protection.
Once again, depending on your individual circumstances and business setup, one of these covers will be more suited to your needs, or indeed, a combination of both could be in order.
Generally speaking, sole traders who only use a subcontractor on the odd occasion do not require Workers Compensation. In this case, Income Protection Insurance might be suitable.
This isn’t always the case, however. Different states have different requirements, so it’s important to check your individual business needs with your relevant state-based authority or a qualified insurance adviser.
As you can see, there are certainly a lot of details to consider when organising Electricians Insurance. One of the best ways to get around all of this is to engage the services of a reputable and experienced insurance adviser to handle all of this for you.
That’s exactly what we do here at imar; we look after tradies, and Electricians Insurance is one of our specialties.
Our team of friendly and dedicated Client Managers have decades of combined experience with Electricians Insurance, and can take care of all of these covers, removing stress and creating extra time for you.
The types of Electricians Insurance required for your business will vary depending on your individual circumstances, business setup, and State Government requirements.
For example: electricians in the states of Queensland and Tasmania require an additional consumer protection endorsement on their Public Liability Insurance. This is a requirement of the licensing authorities in these states. It’s important to consider this when organising Electricians Insurance should you operate in either of these states.
Another important cover to take into account when organising Electricians Insurance is Workers Compensation and Income Protection.
Once again, depending on your individual circumstances and business setup, one of these covers will be more suited to your needs, or indeed, a combination of both could be in order.
Generally speaking, sole traders who only use a subcontractor on the odd occasion do not require Workers Compensation. In this case, Income Protection Insurance might be suitable.
This isn’t always the case, however. Different states have different requirements, so it’s important to check your individual business needs with your relevant state-based authority or a qualified insurance adviser.
As you can see, there are certainly a lot of details to consider when organising Electricians Insurance. One of the best ways to get around all of this is to engage the services of a reputable and experienced insurance adviser to handle all of this for you.
That’s exactly what we do here at imar; we look after tradies, and Electricians Insurance is one of our specialties.
Our team of friendly and dedicated Client Managers have decades of combined experience with Electricians Insurance, and can take care of all of these covers, removing stress and creating extra time for you.