SunGate Insurance Agency Blog
Electricians literally make the world light up! With the building business booming again, demand for skilled and experienced electrical contractors is on the rise.
Yet as you set yourself up in business as an electrical contractor, you may find that starting your own business is even more challenging than learning how to safely and successful harness the power of electricity!
As an electrical contractor, you need appropriate insurance to protect yourself, your business, and potentially even your family and personal possessions from financial damages and financial loss. This is true whether you work independently or you own a small contracting business, whether you work on new constructions or repair existing installations, or whether you work on large commercial buildings or small residential projects. In fact, you may find yourself unable to procure appropriate work without proof that you and your business are properly insured.
What does it mean for an electrical contractor to be “properly insured”? There are several basic criteria that your insurance policy must meet:
Before starting or expanding your electrical contracting business, we recommend speaking with a knowledgeable and local independent insurance agency. A reputable insurance expert will help you understand your professional goals, the scale of your business, and the appropriate legal requirements in order to develop the right insurance policy for you, one that gives you the right coverage without undermining your profit margins.
Electrical Contractor Insurance: An Overview of Basic Coverages
At a minimum, electrical contractors doing business in Florida will require an insurance package that offers the following coverages:
Additionally, you may want coverages not included in the standard coverages listed above, such as:
Contact SunGate Insurance Agency serving Orlando, Lake Mary, Longwood, Heathrow and other Florida-area businesses!
We are the insurance experts at your local insurance company. Contact us today to discuss your electrical business insurance needs or to get a free quote!
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Contact SunGate Insurance Agency today learn more about the type of insurance you need. Click here to contact us or call (407) 878-7979.
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Located in Lake Mary, Florida (serving clients Nationwide and locally in Orlando, Heathrow, Longwood and surrounding Central Florida areas.