niceic electrical business insurance

Self-Employed Electrician Insurance

OUR SELF-EMPLOYED ELECTRICIANS INSURANCE COVER

Things can go wrong, and accidents and mistakes happen, so having the right insurance in place is so important. Insurance for self-employed electricians can cover you in the event you make a mistake and it costs a client, or causes damage or injury. It can also cover costs resulting from legal claims relating to mistakes made or advice you have provided, and will cover expenses incurred in your defence.

If you’re employed to work in commercial premises where there could be harm to members of the public, you will need public liability insurance as part of your cover. Public liability for self-employed electricians can protect you if your work has a fault that causes injury to a member of the public, or damage to their personal property.

We at NICEIC Insurance work hard to provide you with the right electricians insurance that meets all of your specific needs, and leaves out what you don’t need. NICEIC registered electricians can also receive a 10% discount on the cost of their contractors insurance.

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.

NICEIC REGISTERED CONTRACTORS RECEIVE 10% DISCOUNT

86% of our customers would recommend our service

We Offer as Standard**

  • 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.

Optional Extras**

  • Contract works – with £100,000, £250,000, and £500,000 limits.

  • Cover for tools – from £1,500 to £5,000 per person.

  • Goods in transit.

  • Hired plant up to £50,000.

  • Increased efficacy cover up to £1 million.

  • Legal expenses.

  • Own plant up to £50,000.

  • Personal accident.

  • Professional indemnity increased to £300,000.**

  • Property all risks.

The Power Behind Your Business

NICEIC Insurance 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 insurance for self-employed electricians at a competitive price for you. The essential cover can be extended to include a range of optional extras, to deliver tailored protection to suit your individual circumstances.

Why Choose Self-Employed Electrician Insurance from NICEIC Insurance?

NICEIC Insurance 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.
Whether you choose to buy your insurance online yourself, or if you would prefer us to guide you through the options available and arrange the cover via 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 any changes to your cover mid-term or at renewal should your circumstances change. In addition, should the worst happen 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.
**Subject to certain requirements.
*** marshcommercial.co.uk/about/

Frequently asked questions

While public liability insurance isn't a legal requirement, it is strongly recommended for contractors and tradespeople since the nature of the job brings you into contact with clients and members of the public. That's because, no matter how careful you are, accidents do happen – and if an accident causes injury or property damage to a client or member of the public, you could find yourself faced with potentially expensive legal and compensation costs. Without public liability insurance, these costs would need to be funded from your own pocket. Public safety and the positive reputation of contractors and tradespeople are an important part of NICEIC registration. If you are a registered contractor, you need a minimum of £2 million cover to meet registration obligations. This amount is included in our electrical contractors insurance cover with Covéa as standard. However, we recommend you check any contracts you undertake and seek specialist insurance advice if more cover is needed. There's no requirement to have public liability insurance in place from a legal perspective, but it's certainly an essential insurance to consider as a responsible contractor. Also, you could be left out of pocket if a claim is made against you and you don't have adequate cover. If you provide advice or consultancy to clients as part of your work as a contractor, you should consider taking out professional indemnity insurance. 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. There are some exceptions, but if your business has at least one employee, then the likelihood is you will need employers liability insurance – remember too that temporary workers, "labour-only" subcontractors, 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: - Limited companies where the owner is the only employee and owns 50% or more of the issued shares. - Businesses that are not limited companies and only employ close family members. Yes. Simply follow the 'Get A Quote' link, fill out some information about you and your business, and we can generate an online quote tailored to your needs in a matter of minutes. Whether arranging insurance online or over the phone, you can be covered straight away, subject to a 10% deposit. The remaining payment can be set up within seven days. Just be sure to let us know you want the cover to start immediately, or specify a date that suits you if you don't want cover straight away. Direct insurers may only have a limited choice of policies or limited cover options. In contrast, a broker usually has access to a panel of insurers so has more choice and can find cover to suit your needs. Using a broker to arrange your insurance may also help reduce your workload and the time it takes you to search for your insurance. We aim to help you get value for money, so we use the strength of our market position to negotiate cover and price with insurers in advance. We do this to help deliver the right product at the right price for our customers. To present you with the options available to you, we compare insurance from a panel of UK insurers so we can recommend a product that suits your needs. They are very different policies. In essence, employers liability protects against death or injury to employees whilst at work. In contrast, public liability protects against death or injury and damage to property, affecting everyone apart from employees, and which comes about as a result of your work. The cost of public liability insurance depends on the nature of your business – its size, claims history, and the types of work you undertake. For that reason, there is no single average cost of public liability insurance, but rest assured that we are here to find you the right cover at the right price and offer competitive cover with limits ranging from £2 to £10 million for selected trades.

86% of our customers would recommend our service

Helpful staff over the phone with best price for the level of cover I have requested.

Mr Balazs Balogh