Whether you are a single electrician who occasionally installs EV chargers for homeowners, a large firm that specializes in EV charging installations on commercial and municipal properties or you are somewhere in between, insurance for your EV installation business is simply a cost of doing business.
Working with electricity is dangerous and can cause property damage, injuries and even death. And because you work on the leading edge of technology, you need a brokerage that can keep pace with the work you do. We are commercial insurance specialists that set trends in the insurance industry. Our EV installation business insurance packages are designed to protect you from all the risks that come with the work you do.
EV Installation Business Insurance Coverages
Mistakes happen to everyone. A momentary lapse on your end could lead to a client or member of the public getting electrocuted or damage to a building’s electrical circuit. Or a client could simply slip and fall on your property.
CGL insurance can protect your EV installation business by covering medical expenses for injuries to third parties and repair or replacement costs for property damage you are responsible for.
And if someone was to sue your EV installation business for:
- Personal injuries they incurred
- Property damage
- False advertising
- Libel and slander
Your CGL policy would cover your litigation costs including lawyer’s fees, defence costs, settlements and judgements against your company.
We can provide individual and fleet coverage for your trucks, trailers, vans and any other vehicles owned by your EV installation business that need to be insured. Personal auto insurance will not cover you for accidents or other losses if the incident that gave rise to the claim – leaving you personally liable for medical costs, property damage and possible litigation expenses.
If your EV installation business experiences perils such as fires, floods, windstorms, floods, sewage backups, theft, vandalism and others, commercial property insurance can cover the costs to repair or replace:
- Buildings, structures, fences, signage and landscaping on your EV installation business’s property
- Upgrades and renovations made to your leased workspace
- Tools, equipment, inventory etc. at your home used for your electrician/EV installation business
- Tools, equipment and inventory
- Computers, phones, and office equipment
- Desks, chairs and office furniture
Coverage can also include protection for your tools, equipment and components while in transit and while at a work site.
We also provide a full selection of contractor and construction bonds that your EV installation business may need to bid on commercial and government contracts including Electrical Contractor’s License bonds and Electrical Safety Act bonds.
Check out our Types Of Commercial Surety Bonds In Canada page and you’ll find bonds for contractors in the “Commercial Surety Bonds for the Construction Industry” section.
Get ALIGNED with Insurance for your EV Installation Business brokered by commercial insurance specialists.
Insuring businesses is all we do. We work with Canada’s top insurance companies to get you comprehensive coverage that protects your EV installation business at the best possible rates.