Workers’ compensation for electricians is obtained by the company the electrician works for, and provided by a workers’ compensation insurance carrier, and should cover medical bills, physical rehab, missed wages, and other medical costs associated with workplace accidents and injuries. But in addition to this type of insurance for electricians, self-employed electricians and companies that employ electricians may also carry their own liability insurance, which can provide protection from lawsuits, or property insurance, which can protect tools/equipment.