Hiscox: Electrical Contractors Insurance Appetite

Hiscox can write electrical contractors accounts but this is not a focus segment – best used when the account has other lines already placed with Hiscox or when primary markets have declined. Fire from electrical work is the top completed operations risk – carriers scrutinize 5-year loss history carefully

Available Lines

Line of Business
General Liability
Commercial Property
Workers' Compensation
Commercial Auto
Umbrella/Excess

Premium Range

$7,500-$36,000

Typical annual premium

Target States

All 50 states

Key Features

Workers Compensation Insurance program – Protection for employees who are injured or become ill on the job, covering medi for electrical contractors class codes
Hiscox provides broad completed operations covering fire claims from wiring errors discovered years later
Hiscox provides competitive rates for licensed master electricians with clean loss history
Online quoting available – agents can get electrical contractors quotes without calling underwriting

Limitations

Electrical Contractors is not a target class for Hiscox – expect longer underwriting timelines and less flexible eligibility
High-voltage line work (above 440V) is typically excluded from standard contractor programs
Solar panel installation may require separate endorsement or specialty program

Compare Other Carriers for Electrical Contractors

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