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Electricians

6 Tips to Reduce Your Electrician Workers' Comp Costs

Electricians have many risks while on the job, so their workers’ compensation insurance premiums are higher than many other types of employees. But there are ways electricians can reduce these workers’ compensation costs.

an electrician installing a new light fixture

Electrician Workers’ Comp Rate 2024

The average electrician workers’ comp rate in 2024 is $2.63 per $100 of payroll, which breaks down to roughly $87 per month per employee. This insurance covers electricians in the event of work-related injuries or illnesses. Your actual premium will vary based on factors like your state, the size of your payroll, and your claims history.

Electrician Workers’ Comp Code: A Guide

Getting your electrician workers’ comp codes right helps keep your business adequately insured and prevents unexpected changes in your insurance rates. Workers' compensation insurance protects electricians from lawsuits and offers financial aid to employees if they experience work-related injuries or illnesses.

Workers’ Comp Insurance for Electrician working at electric box

Understanding Workers’ Compensation for Electricians

Workers' compensation for electricians protects workers in the event of a workplace injury or illness. It covers lost wages, medical expenses, funeral expenses, and potentially other costs.

Electrical contractors who need workers’ comp insurance

All About Workers’ Comp For Electrical Contractors

If you are an electrician, you know that workers' compensation is a must-have insurance policy. But do you know what workers’ comp covers? And more importantly, do you know how much it costs? In this blog post, we will answer all of your questions about workers' compensation insurance for electrical contractors.

The Knowledge Base

helpful tidbits from the experts

In focus:

Electricians

6 Tips to Reduce Your Electrician Workers' Comp Costs

Electrician Workers’ Comp Rate 2024

Electrician Workers’ Comp Code: A Guide

Understanding Workers’ Compensation for Electricians

All About Workers’ Comp For Electrical Contractors

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