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Insurance Needs for Electrical Contractors
Electrical contractors are responsible for installing, maintaining, repairing and replacing electrical systems and machinery in residential, commercial and industrial environments. Due to the complex nature of their work, electrical contractors are exposed to unique risks and should consider construction insurance coverage to mitigate those risks.
This article discusses the potential exposures electrical contractors face and common types of construction insurance.
It can be challenging to control risk in the construction industry. The following are some of the most common risks electrical contractors are exposed to:
Common Types of Construction Insurance
Electrical contractors should have adequate insurance to manage their risks. The following are coverages electrical contractors should consider:
To best mitigate risk, electrical contractors should explore all policy options to find coverage for their business. For more information, contact us today.
This Coverage Insights is not intended to be exhaustive nor should any discussion or opinions be construed as legal advice. Readers should contact legal counsel or an insurance professional for appropriate advice. © 2022 Zywave, Inc. All rights reserved.
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