2026 Calculator
Electrician Insurance Calculator
Estimate your electrical contractor insurance costs
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This estimate is based on projected 2026 data and industry averages. Actual premiums vary by insurer, location, and individual factors. Consult a licensed insurance agent for accurate quotes.
*Based on estimated 2026 projections. Data may not reflect real-time legislative changes.
Frequently Asked Questions
How much does electrician insurance cost in 2026?
Electrician insurance typically costs $5,000-$12,000 per year including GL and workers comp. General liability alone ranges from $3,500-$7,000. Rates are higher than plumbers due to fire and electrocution risks but lower than roofers.
What insurance does an electrician need?
Electricians need: General Liability (covers fire damage, property damage), Workers Compensation (required with employees, covers electrocution), Commercial Auto for service vehicles, and Tools & Equipment coverage. Most states also require a license and surety bond.
Does electrician insurance cover fire damage?
Yes. General liability insurance covers property damage caused by your work, including fires started by faulty wiring. Fire claims are among the most common and expensive claims for electricians. Make sure you have adequate limits.
Why is electrician insurance more expensive than plumber insurance?
Electricians face higher fire and electrocution risks, leading to more severe injury and property damage claims. Workers comp rates for electricians ($10-$18 per $100) are higher than plumbers ($8-$15) but lower than roofers ($25-$45).
Do I need a license to get electrician insurance?
47 states require electrical licensing. Insurers typically require proof of licensure before issuing a policy. Operating without a license can void your insurance and result in fines. Check your state's specific requirements.