You’re a sparky, and probably one of the brighter sparks on the job site, but when it comes to electrician insurance, what do you need to know?
You’ve probably heard of the nuts and bolts — Public Liability, Injury & Illness, and Tools Insurance — but what about the finer details? The internal wiring and the switches — the stuff that you do day-to-day; at Go Get Insurance, we do the same thing with electricians insurance every day.
Any property damage or personal injury that you cause a third party, or they accuse you of causing; that’s what this policy responds to. It is the most important cover to have because there’s no limit to the amount you can be sued for.
Your job is an important one — you bring the power, the lights, and often a lot of the appliances and functionality. With these responsibilities come risks.
Problems with wiring can cause fires, electrocutions, surges, fusions and a host of other secondary issues. These things can occur while doing the job, months and even years after completion. Even though parts of your trade are often needed in the latter stages of a project, and your work might be flawless, you can still get dragged into problems that might not entirely be your fault. Or you might make an honest mistake; these things do happen.
Protect yourself with a quality policy like Go Get Public and Products Liability insurance for electricians.
When looking for electricians insurance covering Public and Products Liability, restrictions and exclusions on any welding and heat-related works should be read in detail and fully understood.
While nearly all policies will request that you abide by Australian Standards when conducting these activities, some will note a vastly expanded list of activities, and in some cases, exclude them entirely.
As a sparky, you might not be lugging a bulky MIG or TIG around with you, but you would undoubtedly solder, use a heat gun and heat shrink.
If the policy you are looking at significantly restricts or excludes heat work in any of these areas, then it would be best to consider a different policy.
Electrical Contractors in Queensland and Tasmania who require licensing and registration with their respective state authorities need a special consumer protection extension on their Public Liability Insurance.
Go Get’s Public and Products Liability insurance for electricians caters to this very need — just follow the prompts on our easy quote process, and the extension will be added and factored into your instant quotation.
If you are working in these states and need this extension for licensing and registration, ensure that your insurer knows what it is, and can accommodate this requirement.
Unless you have a vault full of cash somewhere, what would you do if the other type of volt struck you down, and caused you an injury or illness that kept you from working for an extended period of time?
If that’s a concern, then an Injury & Illness Insurance policy might be an extremely important addition to your electrician insurance portfolio.
Go Get Insurance provides fast and simple quote for Injury & Illness cover, without any medicals or paperwork, and offers excellent protection for a great price.
And the rest of your swag of Tools and Stock; multimeters, cutters, cabling, wiring, switches, fuses, drills and drivers — ask yourself; if they all got stolen from your locked vehicle, trailer, or home, how would it affect your trading?
If you’ve got that vault we mentioned before, maybe it’s not the most important thing in the world, but if it would give you a massive shock, then Go Get’s Tool and Stock Insurance might just be the safety switch that you need.
Go Get Injury & Illness Insurance is Annually Renewable and factors General Advice only. A Guaranteed Renewable policy, which can provide a benefit period up to age 65 (which does impact on the premium), requires personal advice taking your individual circumstances into account. Should you wish to consider the greater level of protection and flexibility that a Guaranteed Renewable policy provides, click here.
Depending on your Business structure and location, you might require Workers Compensation Insurance if you’re a Company, Working Director, or have deemed Employees. Please check your State Government requirements to ascertain this information.
Please read the PDS for full details on policy coverage, conditions and exclusions to ensure a full understanding of the product you are purchasing.