Affordable electricians' professional indemnity insurance – especially tailored for you to protect your business
When working as an electrician or electrical contractor, having the necessary skills and experience may not always be enough. You need the right electricians’ professional indemnity insurance to cover you too.
Things can go wrong; accidents and mistakes happen, and it’s in those moments that having the right electricians professional indemnity insurance in place is so important. Professional indemnity insurance can protect you and your business in the event of legal claims relating to advice you have provided and will cover the costs and expenses incurred in your defence.
We work hard to provide you with the right level of cover you need, at a competitive price. In fact, NICEIC registered electrical contractors receive a 10% discount on the cost of their contractors' insurance.
Our professional indemnity insurance for electricians cover
You can buy online and receive your policy documents in minutes. Alternatively, you can call us and we’ll complete a quotation over the phone. As well as electricians’ professional indemnity insurance, we can also cover you for the following:
We offer as standard**
Corporate manslaughter cover up to £1 million.
Efficacy up to £100,000.
Professional indemnity cover up to £100,000.
Public liability cover – with limits of £2 million and £5 million, or £10 million for selected trades.
Up to five years no claims bonus.
Contract works – with £100,000, £250,000, and £500,000 limits.
Cover for tools – from £1,500 to £5,000 per person.
Employers liability cover up to £10 million.
Goods in transit.
Hired plant up to £50,000.
Increased efficacy cover up to £1 million.
Own plant up to £50,000.
Property all risks.
The power behind your business
NICEIC Insurance services has the power to help protect your business and provide you with peace of mind, so you can focus on providing the best service to your customers.
Working with a leading specialist insurer, we have negotiated high quality electrical contractors professional indemnity insurance at a competitive price for you. The essential cover can be extended to include a range of optional extras, to deliver personalised professional indemnity insurance protection to suit your individual circumstances.
Why choose electrical contractors professional indemnity insurance from NICEIC insurance services?
NICEIC Insurance services is part of Marsh Commercial, an award-winning*** expert in insurance and risk management. We currently provide more than 35,000 business insurance policies for over 21,000 customers across the UK, so it’s safe to say we have the experience and expertise to help our business insurance customers obtain the cover they’re after, at the right price.
We’re part of a global leader in insurance broking and risk management. We draw on the size and scale of our organisation to negotiate with specialist and leading insurers the best possible cover and price we can for our customers.
Whether you choose to buy your professional indemnity insurance online yourself, or if you would prefer us to guide you through the options available and arrange the cover over the telephone – we’re on hand to help should you need us.
Our support extends from the advice and expertise we provide at the start of your insurance, through to helping you make changes to your cover mid-term or at renewal should your circumstances change. In addition, if the worst happens and you need to make a claim we offer a dedicated advocacy service to look after you.
**As with most insurance – terms, conditions, and exclusions apply. You can request full details by simply contacting us.
Frequently asked questions
This depends on the nature of your business – the kind of work you do and where, whether you employ people – and whether you have business premises or vehicles. The insurance cover you typically need includes public liability insurance cover and professional indemnity insurance cover– both of which are included as standard (amongst other cover features) in our electrical contractors liability insurance product.
If you are registered with NICEIC, you are required to have a minimum of £250,000 professional indemnity cover if the scope of work you undertake includes periodic inspection and testing. You are also required to have public liability insurance cover for a minimum of £2 million.
You may also need employers liability which is compulsory for most businesses that employ one or more people. You may then choose to add other cover features like property insurance to protect your shop, office, workshop, or other business premises; van insurance; and tools insurance – as well as covers such as personal accident and income protection.
The insurance covers you need as an electrical contractor depends on your business's nature – its size, whether you employ people and the kinds of work you carry out – and on your attitude to risk. Employers liability insurance is a legal requirement if you employ people – even temporarily or unpaid. Meanwhile, public liability insurance covers legal fees and compensation if a client or member of the public alleges injury or property damage as a result of your work, as well as cover for your tools, vehicles and premises. You are required to have at least £2 million public liability insurance cover as part of the NICEIC scheme(s).
Similarly, income protection insurance can step in to replace lost income if you are unable to work through illness or injury and may be a sensible precaution.
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.
At NICEIC Insurance services, we have worked with insurers to develop contractors insurance solutions that are comprehensive, flexible and affordable – to make it easier for you to find the right cover at the right price.
Saved me loads of money, what else can I say?From NICEIC Customer