Insuring your freelance business
Working from home, or wherever you feel like setting up for the day, is great, but it doesn’t mean you’re exempt from the risks faced by other professionals. From a client claiming you provided bad advice, to your computer equipment being damaged, or even finding yourself needing to take time off that’s both unscheduled and unpaid. Hiscox business insurance for freelancers sees to it that nasty surprises are manageable. Ensure your venture is protected by understanding what insurance you need as a freelancer.
Why you need business insurance for freelancers
A broken arm caused by a rush-hour traffic incident results in several days in hospital. As a freelancer, being unable to work means lost income, but the bills and the mortgage still need to be paid. Adding personal accident insurance to your freelance work cover can provides a weekly pay-out to help with expenses and can also help with the costs of support staff or retraining.
A client is unhappy after a piece of unapproved work with information about one of their customers is published. It causes contractual issues between the freelance creative and their clients resulting in the loss of valuable future work. They take legal action but with professional indemnity insurance the costs of legal action and settling a claim are covered.
A hi-spec computer monitor falls from a table in the office, damaging it beyond repair and temporarily preventing a freelance web designer from getting any work done. With office contents insurance the cost of a new laptop is covered, allowing work to carry on without impacting clients or endangering income.
If you’re not sure what you need, tell us a little more about your freelance business. We’ll help you to build your quote and explore any other insurance needs.Build my cover
Key types of insurance for freelance workers
These are just some of the types of business insurance for freelancers that we can offer. We can provide other specific types of cover and build them into a policy that’s tailored to the exact needs of your business.Get your quote