Insurance for electrical contractors

The Government's plan to ban sales of new petrol and diesel cars by 2035 has created opportunities to install Electric Vehicle Charging Points (EVCPs) throughout the UK. But as an electrical contractor responding to these opportunities, you need the appropriate EVCP insurance cover to protect against risks.

Visit our electrical vehicle charger installer insurance page

We understand that your van or commercial vehicle is often essential to running your business. You need the right insurance in place to get back on the road quickly if an incident involving your vehicle should happen.

Visit our commercial vehicles insurance page

Would you be able to cover your monthly bills if you suffered a serious accident or were unable to work due to injury or illness?

With personal accident and short term income protection insurance, you will receive a lump sum or help to replace your monthly income for up to twelve months if the worst should happen.

Visit our personal accident / income protection insurance page

As a plumbing, heating or gas engineer, we understand the daily risks you face. If your work involves electrical jobs, you can access our exclusive, competitive and comprehensive electrical contractors insurance to protect yourself and your livelihood against these risks. Working with a leading specialist insurer, we have negotiated high quality insurance at a competitive price for you.

Vist our plumbing, heating and gas engineers insurance page

As a renewable energy installer, we understand the risks you face. Unforeseen incidents and accidents can put your livelihood at risk – potentially leaving you out of pocket or unable to carry out your work. You need to protect yourself and your business against these risks with renewable energy installers insurance. Working with a leading specialist insurer, we have negotiated high quality insurance at a competitive price for you.

Visit our renewable energy installers insurance page

Professional indemnity insurance is a requirement for NICEIC Scheme(s) where the scope of work undertaken includes periodic inspection and testing. This will cover the cost of legal fees and compensation if a client alleges a failure in your professional advice. The good news is that professional indemnity cover is included as standard in most of our contractors insurance solutions, designed to provide comprehensive, flexible cover at an affordable price.

Efficacy cover is liability insurance, which protects you in the event of an injury to a third party or damage to their property resulting from the failure of a product or service to perform its intended function. For example; an alarm system, fire control or extinguishing system, or electronic security system. The cover applies to either failure of a product or a fault in its installation. With our specialist electrical contractors insurance cover we automatically include efficacy cover of £100,000 as standard.

How much insurance cover you need to protect your business and your livelihood depends on the nature of your business, but also your attitude to risk. First of all, if you employ people, employers liability insurance with a limit of at least £5 million is a legal requirement. Equally, public liability insurance of at least £2 million is also a condition of NICEIC certification.

Professional indemnity insurance is a requirement for NICEIC scheme(s) where the scope of work undertaken includes periodic inspection and testing. This will cover the cost of legal fees and compensation if a client alleges a failure in your professional advice.

All these liability covers are essentially designed to help with legal fees and compensation if a client, employee or member of the public takes legal action against you related to your work. On top of that, if you use a business vehicle, insurance is compulsory, and you may also want to consider insurance for premises, tools, contract works and personal covers like income protection and personal accident. The good news is that the insurance you need is readily available from NICEIC Insurance services– with flexible, competitively priced policies that can be tailored to your needs.

There are some exceptions, but if your business has at least one employee, then the likelihood is you’ll need employers liability insurance. Remember too that temporary workers, "labour-only" sub-contractors, volunteers and people doing work experience all count as employees for the purposes of insurance. The Employers' Liability (Compulsory Insurance) Regulations 1998 made employers liability insurance cover of at least £5 million compulsory for any individual or company with employees.

The exceptions include: unincorporated family businesses, however if the family business is incorporated as a limited company, it will need to be covered by employers liability insurance.

You are also exempt if you are the director of a limited company and the sole employee, and own 50% or more of the issued share capital.