Understanding the true cost of electrician insurance across the United States is essential for accurate budgeting and competitive bidding. Our comprehensive analysis of over 1,200 electrician insurance quotes from leading carriers reveals significant variations in premiums by state, business size, and carrier selection.
This guide provides detailed benchmarking data for electrical contractors nationwide, showing general liability premiums at three revenue levels and workers’ compensation rates for every state. The data reflects real-world business scenarios based on these characteristics:
- $150K Revenue: Single owner with approximately 10% subcontractor costs and 5+ years of claims-free operation
- $500K Revenue: Owner plus 3 employees with approximately 10% subcontractor costs and 5+ years of claims-free operation
- $1M Revenue: Owner plus 5 employees with approximately 10% subcontractor costs and 5+ years of claims-free operation
Each state section displays premiums for standard general liability coverage with $1 million per occurrence and $2 million aggregate limits—the industry standard for electrical contractors. The potential savings percentages demonstrate the significant cost differences between favorable and higher-end rates, highlighting the importance of shopping for competitive coverage.
Understanding the full scope of coverage options is essential before comparing costs. Learn more about electrician insurance to ensure you’re getting comprehensive protection.
Jump to State
Alabama
The following table shows general liability insurance premiums for electricians in Alabama based on $1M per occurrence and $2M aggregate coverage limits. Premiums typically range from 0.44% to 1.87% of annual revenue.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,600 | $1,000 | $2,800 | 38% |
| $500,000 | $4,400 | $2,700 | $6,100 | 39% |
| $1,000,000 | $8,700 | $4,400 | $12,500 | 49% |
Workers’ compensation insurance for electrical contractors in Alabama costs $3.56 per $100 of payroll for class code 5190.
Alaska
General liability insurance for electrical contractors in Alaska carries some of the lowest rates nationwide, with premiums ranging from 0.36% to 0.73% of annual revenue for standard $1M/$2M coverage limits.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $900 | $600 | $1,100 | 33% |
| $500,000 | $2,000 | $1,800 | $3,150 | 10% |
| $1,000,000 | $4,600 | $3,700 | $5,000 | 20% |
Workers’ compensation insurance for electrical contractors in Alaska costs $2.81 per $100 of payroll for class code 5190.
Arizona
Electricians in Arizona can expect general liability premiums between 0.60% and 1.53% of gross revenue for $1M per occurrence and $2M aggregate coverage limits.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,300 | $900 | $2,300 | 31% |
| $500,000 | $3,700 | $3,300 | $5,775 | 11% |
| $1,000,000 | $7,700 | $6,800 | $9,300 | 12% |
Workers’ compensation insurance for electrical contractors in Arizona costs $2.61 per $100 of payroll for class code 5190.
Arkansas
The table below displays electrical contractor liability insurance costs in Arkansas, where premiums range from 0.51% to 1.22% of annual revenue for standard $1M/$2M policy limits.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,400 | $900 | $1,800 | 36% |
| $500,000 | $3,800 | $2,900 | $6,100 | 24% |
| $1,000,000 | $7,200 | $5,100 | $11,100 | 29% |
Workers’ compensation insurance for electrical contractors in Arkansas costs $1.33 per $100 of payroll for class code 5190.
California
California electrical contractors face general liability insurance costs ranging from 0.64% to 1.73% of revenue for policies with $1M occurrence and $2M aggregate limits.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,900 | $1,300 | $2,600 | 32% |
| $500,000 | $3,900 | $3,200 | $4,400 | 18% |
| $1,000,000 | $8,100 | $6,600 | $8,800 | 19% |
Workers’ compensation insurance for electrical contractors in California costs $2.86 per $100 of payroll for class code 5190.
Colorado
Insurance premiums for Colorado electricians vary significantly, ranging from 0.34% to 1.67% of annual revenue for standard $1M/$2M general liability coverage.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,600 | $700 | $2,500 | 56% |
| $500,000 | $4,500 | $1,700 | $6,600 | 62% |
| $1,000,000 | $8,200 | $3,900 | $11,800 | 52% |
Workers’ compensation insurance for electrical contractors in Colorado costs $1.85 per $100 of payroll for class code 5190.
Connecticut
Electrical businesses in Connecticut typically pay between 0.79% and 1.80% of gross receipts for general liability coverage with $1M per occurrence and $2M aggregate limits.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,900 | $1,400 | $2,600 | 26% |
| $500,000 | $5,600 | $4,200 | $9,000 | 25% |
| $1,000,000 | $10,600 | $7,900 | $16,700 | 25% |
Workers’ compensation insurance for electrical contractors in Connecticut costs $3.54 per $100 of payroll for class code 5190.
Delaware
General liability rates for Delaware electrical contractors range from 0.58% to 1.40% of revenue for policies offering $1M/$2M in coverage limits.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,700 | $1,200 | $2,100 | 29% |
| $500,000 | $4,700 | $3,700 | $6,900 | 21% |
| $1,000,000 | $8,700 | $5,800 | $12,700 | 33% |
Workers’ compensation insurance for electrical contractors in Delaware costs $3.00 per $100 of payroll for class code 5190.
Florida
Florida electricians experience some of the highest insurance costs nationally, with general liability premiums ranging from 1.02% to 2.40% of annual revenue for standard coverage.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $2,100 | $1,600 | $3,600 | 24% |
| $500,000 | $5,800 | $5,100 | $6,900 | 12% |
| $1,000,000 | $12,000 | $11,100 | $14,800 | 8% |
Workers’ compensation insurance for electrical contractors in Florida costs $4.13 per $100 of payroll for class code 5190.
Georgia
The following data shows Georgia electrical contractor insurance costs, where general liability premiums range from 0.36% to 1.67% of revenue for $1M/$2M coverage.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,400 | $1,000 | $2,500 | 29% |
| $500,000 | $3,600 | $2,000 | $6,600 | 44% |
| $1,000,000 | $6,800 | $3,600 | $12,400 | 47% |
Workers’ compensation insurance for electrical contractors in Georgia costs $3.25 per $100 of payroll for class code 5190.
Hawaii
Hawaii offers competitive rates for electrical contractors, with general liability insurance costing between 0.30% and 0.75% of annual revenue for standard policy limits.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $900 | $600 | $1,100 | 33% |
| $500,000 | $2,600 | $1,500 | $3,700 | 42% |
| $1,000,000 | $5,500 | $3,500 | $7,500 | 36% |
Workers’ compensation insurance for electrical contractors in Hawaii costs $3.97 per $100 of payroll for class code 5190.
Idaho
Electricians in Idaho face general liability premiums ranging from 0.34% to 1.20% of gross revenue for policies with $1M occurrence and $2M aggregate limits.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,200 | $700 | $1,800 | 42% |
| $500,000 | $3,200 | $1,700 | $5,200 | 47% |
| $1,000,000 | $6,000 | $3,800 | $9,500 | 37% |
Workers’ compensation insurance for electrical contractors in Idaho costs $3.09 per $100 of payroll for class code 5190.
Illinois
Illinois electrical contractors typically pay between 0.60% and 2.07% of revenue for general liability insurance with standard $1M/$2M coverage limits.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $2,000 | $1,500 | $3,100 | 25% |
| $500,000 | $5,300 | $3,500 | $7,600 | 34% |
| $1,000,000 | $10,100 | $6,000 | $13,900 | 41% |
Workers’ compensation insurance for electrical contractors in Illinois costs $2.57 per $100 of payroll for class code 5190.
Indiana
General liability insurance for Indiana electricians ranges from 0.61% to 1.40% of annual revenue for policies offering $1M per occurrence and $2M aggregate protection.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,500 | $1,100 | $2,100 | 27% |
| $500,000 | $4,200 | $3,300 | $5,800 | 21% |
| $1,000,000 | $7,900 | $6,100 | $10,600 | 23% |
Workers’ compensation insurance for electrical contractors in Indiana costs $1.37 per $100 of payroll for class code 5190.
Iowa
The data below shows Iowa electrical contractor insurance premiums, which range from 0.51% to 1.20% of gross receipts for standard liability coverage.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,400 | $900 | $1,800 | 36% |
| $500,000 | $3,600 | $2,900 | $5,075 | 19% |
| $1,000,000 | $7,200 | $5,100 | $9,700 | 29% |
Workers’ compensation insurance for electrical contractors in Iowa costs $3.74 per $100 of payroll for class code 5190.
Kansas
Kansas electricians can expect to pay between 0.60% and 1.53% of revenue for general liability insurance with $1M/$2M coverage limits.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,400 | $900 | $2,300 | 36% |
| $500,000 | $3,900 | $3,000 | $5,700 | 23% |
| $1,000,000 | $7,500 | $6,400 | $10,700 | 15% |
Workers’ compensation insurance for electrical contractors in Kansas costs $1.95 per $100 of payroll for class code 5190.
Kentucky
Insurance costs for Kentucky electrical contractors range from 0.65% to 1.47% of annual revenue for general liability policies with standard coverage limits.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,600 | $1,100 | $2,200 | 31% |
| $500,000 | $4,100 | $3,700 | $6,475 | 10% |
| $1,000,000 | $7,700 | $6,500 | $9,600 | 16% |
Workers’ compensation insurance for electrical contractors in Kentucky costs $2.12 per $100 of payroll for class code 5190.
Louisiana
Louisiana presents significant premium variations for electricians, with general liability costs ranging from 0.56% to 3.60% of revenue for $1M/$2M coverage.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $3,200 | $1,100 | $5,300 | 66% |
| $500,000 | $8,900 | $3,500 | $16,300 | 61% |
| $1,000,000 | $18,200 | $5,600 | $36,000 | 69% |
Workers’ compensation insurance for electrical contractors in Louisiana costs $3.60 per $100 of payroll for class code 5190.
Maine
Electrical contractors in Maine typically pay between 0.53% and 1.47% of gross revenue for general liability insurance with standard policy limits.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,300 | $800 | $2,200 | 38% |
| $500,000 | $3,700 | $2,900 | $5,075 | 22% |
| $1,000,000 | $7,300 | $5,900 | $10,300 | 19% |
Workers’ compensation insurance for electrical contractors in Maine costs $2.24 per $100 of payroll for class code 5190.
Maryland
Maryland offers some of the most competitive rates for electricians, with general liability premiums ranging from 0.28% to 1.13% of annual revenue.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,200 | $600 | $1,700 | 50% |
| $500,000 | $2,900 | $1,400 | $3,900 | 52% |
| $1,000,000 | $5,600 | $3,000 | $9,000 | 46% |
Workers’ compensation insurance for electrical contractors in Maryland costs $2.99 per $100 of payroll for class code 5190.
Massachusetts
The following table shows Massachusetts electrical contractor insurance rates, where premiums range from 0.57% to 1.60% of revenue for $1M/$2M coverage.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,500 | $900 | $2,400 | 40% |
| $500,000 | $4,200 | $3,400 | $5,100 | 19% |
| $1,000,000 | $8,000 | $5,700 | $9,800 | 29% |
Workers’ compensation insurance for electrical contractors in Massachusetts costs $3.24 per $100 of payroll for class code 5190.
Michigan
Michigan electricians benefit from competitive insurance rates, with general liability costs ranging from 0.30% to 1.53% of gross receipts.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,200 | $800 | $2,300 | 33% |
| $500,000 | $3,500 | $1,900 | $4,600 | 46% |
| $1,000,000 | $6,600 | $3,000 | $8,800 | 55% |
Workers’ compensation insurance for electrical contractors in Michigan costs $1.96 per $100 of payroll for class code 5190.
Minnesota
General liability premiums for Minnesota electrical contractors range from 0.39% to 1.67% of annual revenue for standard $1M/$2M policy limits.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,500 | $1,000 | $2,500 | 33% |
| $500,000 | $4,300 | $2,500 | $6,800 | 42% |
| $1,000,000 | $8,200 | $3,900 | $12,300 | 52% |
Workers’ compensation insurance for electrical contractors in Minnesota costs $3.92 per $100 of payroll for class code 5190.
Mississippi
Mississippi electrical businesses face insurance costs between 0.46% and 1.72% of revenue for general liability coverage with $1M occurrence and $2M aggregate limits.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,600 | $1,100 | $2,500 | 31% |
| $500,000 | $4,700 | $2,700 | $8,600 | 43% |
| $1,000,000 | $8,800 | $4,600 | $16,000 | 48% |
Workers’ compensation insurance for electrical contractors in Mississippi costs $3.28 per $100 of payroll for class code 5190.
Missouri
The data below reflects Missouri electrician insurance costs, where general liability premiums range from 0.63% to 1.54% of gross revenue.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,600 | $1,000 | $2,300 | 38% |
| $500,000 | $4,600 | $3,400 | $7,700 | 26% |
| $1,000,000 | $8,700 | $6,300 | $14,400 | 28% |
Workers’ compensation insurance for electrical contractors in Missouri costs $2.86 per $100 of payroll for class code 5190.
Montana
Montana electricians experience significant rate variations, with general liability insurance costing between 0.42% and 1.67% of annual revenue.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,800 | $900 | $2,500 | 50% |
| $500,000 | $5,100 | $2,100 | $7,100 | 59% |
| $1,000,000 | $9,800 | $4,800 | $13,200 | 51% |
Workers’ compensation insurance for electrical contractors in Montana costs $2.95 per $100 of payroll for class code 5190.
Nebraska
Electrical contractors in Nebraska typically pay between 0.47% and 1.40% of revenue for general liability insurance with standard coverage limits.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,300 | $700 | $2,100 | 46% |
| $500,000 | $3,600 | $2,500 | $6,900 | 31% |
| $1,000,000 | $6,700 | $5,200 | $12,500 | 22% |
Workers’ compensation insurance for electrical contractors in Nebraska costs $1.87 per $100 of payroll for class code 5190.
Nevada
Nevada’s electrician insurance market shows premiums ranging from 0.52% to 2.00% of gross receipts for $1M/$2M general liability coverage.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $2,000 | $1,400 | $3,000 | 30% |
| $500,000 | $5,900 | $4,300 | $8,200 | 27% |
| $1,000,000 | $9,800 | $5,200 | $14,800 | 47% |
Workers’ compensation insurance for electrical contractors in Nevada costs $1.85 per $100 of payroll for class code 5190.
New Hampshire
Insurance rates for New Hampshire electricians range from 0.56% to 1.40% of annual revenue for general liability policies with standard limits.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,500 | $1,000 | $2,100 | 33% |
| $500,000 | $4,000 | $3,500 | $6,125 | 13% |
| $1,000,000 | $7,800 | $5,600 | $10,800 | 28% |
Workers’ compensation insurance for electrical contractors in New Hampshire costs $2.10 per $100 of payroll for class code 5190.
New Jersey
New Jersey electrical contractors face substantial insurance costs, with general liability premiums ranging from 0.88% to 3.20% of revenue.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $2,500 | $1,400 | $4,800 | 44% |
| $500,000 | $7,500 | $4,400 | $12,400 | 41% |
| $1,000,000 | $14,600 | $10,000 | $27,200 | 32% |
Workers’ compensation insurance for electrical contractors in New Jersey costs $4.98 per $100 of payroll for class code 5190.
New Mexico
The following data shows New Mexico electrician insurance costs, where general liability premiums range from 0.66% to 1.52% of gross revenue.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,700 | $1,300 | $2,275 | 24% |
| $500,000 | $4,900 | $4,100 | $7,400 | 16% |
| $1,000,000 | $9,500 | $6,600 | $13,500 | 31% |
Workers’ compensation insurance for electrical contractors in New Mexico costs $3.10 per $100 of payroll for class code 5190.
New York
New York presents the highest insurance costs nationally for electricians, with general liability premiums ranging from 1.66% to 6.07% of annual revenue.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $4,700 | $2,700 | $9,100 | 43% |
| $500,000 | $14,100 | $8,300 | $23,500 | 41% |
| $1,000,000 | $27,500 | $18,900 | $51,300 | 31% |
Workers’ compensation insurance for electrical contractors in New York costs $6.55 per $100 of payroll for class code 5190.
North Carolina
North Carolina offers competitive rates for electrical contractors, with general liability costs ranging from 0.24% to 1.53% of revenue.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,200 | $600 | $2,300 | 50% |
| $500,000 | $3,100 | $1,200 | $4,500 | 61% |
| $1,000,000 | $6,000 | $2,400 | $9,200 | 60% |
Workers’ compensation insurance for electrical contractors in North Carolina costs $1.82 per $100 of payroll for class code 5190.
North Dakota
Electricians in North Dakota typically pay between 0.62% and 1.53% of gross receipts for general liability insurance with $1M/$2M coverage.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,600 | $1,000 | $2,300 | 38% |
| $500,000 | $4,300 | $3,100 | $6,000 | 28% |
| $1,000,000 | $8,000 | $6,400 | $11,000 | 20% |
Workers’ compensation insurance for electrical contractors in North Dakota costs $1.35 per $100 of payroll for class code 5190.
Ohio
Ohio electrical businesses benefit from competitive insurance rates, with general liability premiums ranging from 0.36% to 1.53% of annual revenue.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,200 | $600 | $2,300 | 50% |
| $500,000 | $3,200 | $2,400 | $4,300 | 25% |
| $1,000,000 | $6,400 | $3,600 | $8,800 | 44% |
Workers’ compensation insurance for electrical contractors in Ohio costs $1.80 per $100 of payroll for class code 5190.
Oklahoma
The data reveals significant premium variations for Oklahoma electricians, with general liability costs ranging from 0.30% to 2.07% of revenue.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,800 | $600 | $3,100 | 67% |
| $500,000 | $3,600 | $1,500 | $6,800 | 58% |
| $1,000,000 | $6,700 | $3,300 | $12,600 | 51% |
Workers’ compensation insurance for electrical contractors in Oklahoma costs $2.70 per $100 of payroll for class code 5190.
Oregon
Oregon electricians enjoy relatively low insurance costs, with general liability premiums ranging from 0.49% to 1.33% of gross revenue.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,500 | $1,100 | $2,000 | 27% |
| $500,000 | $3,900 | $3,100 | $5,425 | 21% |
| $1,000,000 | $7,500 | $4,900 | $9,400 | 35% |
Workers’ compensation insurance for electrical contractors in Oregon costs $1.16 per $100 of payroll for class code 5190.
Pennsylvania
Pennsylvania electrical contractors face insurance costs between 0.73% and 2.00% of annual revenue for general liability coverage with standard limits.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,900 | $1,100 | $3,000 | 42% |
| $500,000 | $5,400 | $4,300 | $9,200 | 20% |
| $1,000,000 | $10,300 | $7,300 | $17,200 | 29% |
Workers’ compensation insurance for electrical contractors in Pennsylvania costs $3.15 per $100 of payroll for class code 5190.
Rhode Island
Insurance premiums for Rhode Island electricians range from 0.72% to 2.08% of revenue for general liability policies with $1M/$2M coverage.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,900 | $1,100 | $3,100 | 42% |
| $500,000 | $5,700 | $3,700 | $10,400 | 35% |
| $1,000,000 | $10,700 | $7,200 | $19,100 | 33% |
Workers’ compensation insurance for electrical contractors in Rhode Island costs $3.05 per $100 of payroll for class code 5190.
South Carolina
South Carolina shows substantial rate variations for electricians, with general liability costs ranging from 0.56% to 2.93% of gross receipts.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $2,700 | $1,100 | $4,400 | 59% |
| $500,000 | $6,900 | $2,800 | $9,400 | 59% |
| $1,000,000 | $13,600 | $6,000 | $22,100 | 56% |
Workers’ compensation insurance for electrical contractors in South Carolina costs $3.94 per $100 of payroll for class code 5190.
South Dakota
The following table displays South Dakota electrician insurance rates, where general liability premiums range from 0.57% to 2.07% of annual revenue.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,900 | $1,300 | $3,100 | 32% |
| $500,000 | $5,400 | $3,500 | $8,500 | 35% |
| $1,000,000 | $10,200 | $5,700 | $15,500 | 44% |
Workers’ compensation insurance for electrical contractors in South Dakota costs $2.48 per $100 of payroll for class code 5190.
Tennessee
Tennessee offers competitive insurance rates for electrical contractors, with general liability costs ranging from 0.32% to 1.27% of revenue.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,300 | $800 | $1,900 | 38% |
| $500,000 | $3,400 | $1,600 | $5,100 | 53% |
| $1,000,000 | $6,600 | $3,300 | $9,500 | 50% |
Workers’ compensation insurance for electrical contractors in Tennessee costs $2.31 per $100 of payroll for class code 5190.
Texas
Texas electricians face general liability insurance costs between 0.54% and 2.07% of gross revenue for policies with standard coverage limits.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,800 | $1,100 | $3,100 | 39% |
| $500,000 | $4,400 | $2,700 | $6,000 | 39% |
| $1,000,000 | $8,500 | $5,800 | $12,500 | 32% |
Workers’ compensation insurance for electrical contractors in Texas costs $2.50 per $100 of payroll for class code 5190.
Utah
General liability premiums for Utah electrical contractors range from 0.58% to 1.33% of annual revenue for $1M per occurrence and $2M aggregate coverage.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,300 | $900 | $2,000 | 31% |
| $500,000 | $3,900 | $3,000 | $5,900 | 23% |
| $1,000,000 | $7,300 | $5,800 | $10,700 | 21% |
Workers’ compensation insurance for electrical contractors in Utah costs $1.84 per $100 of payroll for class code 5190.
Vermont
Vermont electricians typically pay between 0.39% and 1.33% of revenue for general liability insurance with standard policy limits.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,400 | $900 | $2,000 | 36% |
| $500,000 | $3,400 | $2,400 | $4,200 | 29% |
| $1,000,000 | $6,600 | $3,900 | $9,000 | 41% |
Workers’ compensation insurance for electrical contractors in Vermont costs $2.75 per $100 of payroll for class code 5190.
Virginia
Virginia offers some of the most competitive rates nationwide, with electrician general liability costs ranging from 0.24% to 1.20% of gross receipts.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,000 | $600 | $1,800 | 40% |
| $500,000 | $2,500 | $1,200 | $4,000 | 52% |
| $1,000,000 | $4,800 | $2,700 | $8,500 | 44% |
Workers’ compensation insurance for electrical contractors in Virginia costs $1.86 per $100 of payroll for class code 5190.
Washington
The data shows Washington electrician insurance premiums ranging from 0.32% to 1.67% of annual revenue for general liability coverage.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,800 | $1,100 | $2,500 | 39% |
| $500,000 | $4,600 | $2,600 | $6,700 | 43% |
| $1,000,000 | $9,400 | $3,200 | $16,400 | 66% |
Workers’ compensation insurance for electrical contractors in Washington costs $2.27 per $100 of payroll for class code 5190.
West Virginia
West Virginia electrical contractors face insurance costs between 0.54% and 1.47% of revenue for general liability policies with $1M/$2M limits.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,800 | $1,200 | $2,200 | 33% |
| $500,000 | $4,700 | $3,400 | $6,700 | 28% |
| $1,000,000 | $8,700 | $5,400 | $12,000 | 38% |
Workers’ compensation insurance for electrical contractors in West Virginia costs $1.30 per $100 of payroll for class code 5190.
Wisconsin
Wisconsin electricians typically pay between 0.48% and 1.50% of gross revenue for general liability insurance with standard coverage limits.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,400 | $1,000 | $2,200 | 29% |
| $500,000 | $4,300 | $3,100 | $7,500 | 28% |
| $1,000,000 | $7,900 | $4,800 | $13,600 | 39% |
Workers’ compensation insurance for electrical contractors in Wisconsin costs $2.45 per $100 of payroll for class code 5190.
Wyoming
Insurance rates for Wyoming electricians range from 0.53% to 1.47% of annual revenue for general liability coverage with $1M occurrence and $2M aggregate limits.
| Revenue Level | Average Premium | Favorable Premium | Higher-End Premium | Potential Savings |
| $150,000 | $1,300 | $800 | $2,200 | 38% |
| $500,000 | $3,400 | $2,900 | $5,075 | 15% |
| $1,000,000 | $6,600 | $5,400 | $8,500 | 18% |
Workers’ compensation insurance for electrical contractors in Wyoming costs $2.07 per $100 of payroll for class code 5190.
Take Action on Your Electrician Insurance Costs Now
Our comprehensive analysis of electrician insurance costs across all 50 states reveals an undeniable truth: electrical contractors nationwide are potentially overpaying by thousands of dollars annually. The data shows savings opportunities ranging from 15% to 67% between average and favorable rates, with some states offering even more dramatic cost reductions for well-qualified contractors.
Here’s what this means for your bottom line: an electrical business generating $500,000 in revenue could reduce insurance costs by an average of $1,850 per year simply by securing favorable rates. For electricians approaching $1 million in revenue, annual savings often exceed $4,500. That’s $22,500 over five years that could fund new equipment, additional certifications, or apprentice training programs rather than inflated insurance premiums.
The real challenge facing electrical contractors isn’t just knowing these savings exist—it’s actually accessing them. Traditional insurance channels often limit you to a few carriers who may not specialize in electrical work. Many electricians settle for the first quote they receive, unaware that better options exist in their market.
ContractorNerd eliminates these barriers for electrical contractors. Built exclusively for trades professionals, our platform connects you with insurance carriers who understand electrical work and price it fairly. We’ve negotiated access to the favorable rates highlighted throughout this guide, making them available to qualified electrical contractors like you.
Take These Steps Today:
Discover Your Savings in Minutes Access ContractorNerd’s platform to receive customized quotes based on your specific electrical business. Our technology instantly compares rates from carriers specializing in electrical contractor coverage, revealing your true savings potential without any commitment or sales pressure.
See Exactly What You’ll Save:
- Precise premium comparisons for your revenue level and location
- Coverage options tailored to electrical contractor needs
- Identification of carriers offering the most competitive rates in your state
- Available discounts for safety programs, experience, and claims-free history
Secure Better Coverage Immediately Ready to reduce your insurance costs? Our digital platform enables you to bind coverage the same day, ensuring you start saving immediately. The entire process typically takes less than 20 minutes, with digital certificates of insurance available instantly for your current projects.
Every Day of Delay Costs You Money The premium differences documented in this guide aren’t theoretical—they represent real money electrical contractors save by choosing the right carrier. With contractor-friendly insurers actively competing for your business, there’s never been a better time to evaluate your options. ContractorNerd’s free quote platform removes all barriers to discovering better rates.
Start Your Savings Journey Today and understand why thousands of electrical contractors rely on ContractorNerd for superior coverage at lower costs. Join the growing number of electricians saving 25-45% on their insurance while maintaining comprehensive protection for their business.
Your electrical business faces enough challenges without overpaying for insurance. Take advantage of the competitive market and secure the favorable rates you deserve. Visit ContractorNerd.com today and put those savings back where they belong—in your business.