Working with electrical systems in residential or commercial settings presents significant hazards. Self-employed electricians and electrical contractors face unique risks due to handling live wires, active circuits, and specialized equipment. At Hecht-Stout Insurance Agency, we offer the right insurance solutions to manage these risks effectively.

Electrical contractor insurance is tailored to safeguard electricians and their employers (if not self-employed) from damages resulting from negligent work and injuries sustained on the job. Additionally, it offers protection against damage to or theft of company property.

The cost of electrical contractor insurance depends on several factors, including the size of your business, its location in Illinois, and its gross sales/receipts and payroll. For instance, a solo contractor in a rural area of Kansas might pay only a few hundred dollars annually. In contrast, a large company in New York City could spend over a million dollars yearly.

Generally, costs are expected to start in the low thousands due to the high risks associated with electrical work and the potential involvement of other people and property.

At Hecht-Stout Insurance Agency, we will review your needs and help you determine the most suitable electrical contractor insurance policy. We'll also evaluate estimates and plans from several insurance companies to ensure you get the greatest coverage. Contact us now to find out more!

It might be time to switch insurers whenever the service that your existing insurer provides doesn’t meet your needs. For example, if you have a poor claims experience or an unexplained rate increase, it might be time to consider other options

If you cancel a previous policy before a new policy is effective, you could run into some serious financial problems.

Contact us today to help you with multiple options to choose from.