If you are self employed and working as an electrician, you might want to consider buying an electrician’s insurance policy. Without this policy it can get really difficult for you to get out of financial situations that might occur at your work and can really leave you at a huge loss in monetary terms.
The main reason to buy an electrician insurance cover is to protect your expensive tools. As an electrician you need to travel a lot and also carry all your expensive equipment and tools with you in your vehicle. If your vehicle is broken into and your tools are damaged or stolen, then you will suffer a huge loss and also your business might come to halt till the time you recover your tools or buy new ones which may cost you thousands of pounds. This is where the electricians liability insurance comes to your rescue and covers the cost of buying new tools for you according to the pre defined limit.
In the same way, if you are working at someone’s house or office and your client gets hurt because of your fault, the client can sue you immediately. In this case also your insurance company will bear all the expense for the solicitor as well as the compensation that needs to be payed to the client according to the pre defined limit in your insurance cover.
The amount that you may claim may differ from company to company and also according to the policy.
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