One question that our business insurance specialists get asked on a regular basis is: “What insurance do I need as a freelancer?”
The problem we have here is that there’s no one-size-fits-all answer. It’s difficult to give specifics because every business is different and therefore poses different risks. There are many complexities around balancing the risks a self-employed person faces, the industry they work in, and the terms and conditions they operate in.
Unfortunately, we realise that this doesn’t help you that much and it’s also unlikely that you want to spend your valuable time trawling through confusing guidelines and information. For this reason, we have put together this short list of the basic types of insurance that most freelancers need.
The following should act as good starting point;
- Professional Indemnity
- Public Liability
- Employers Liability
- Home Office/ Office contents, buildings & property insurance
- Tax & VAT insurance
Please note: this list is not exhaustive and does not mean you will be fully protected
The list above is not exhaustive but should be enough to manage the “everyday risks” of most freelance professions. However, there’s lots’ more insurance out there for freelancers if you want it, of course.
Insurance is often a difficult purchase, and for many businesses, it can be about balancing what you need and want with what your budget will allow. It’s likely that you will need several types of freelance insurance, making it difficult to know for certain that you have everything covered.
Getting the support you need to make this decision isn’t as difficult or expensive as you might think. County Insurance Consultants are experts when it comes to business cover and can provide you with a low cost freelance insurance package that is tailored to suit your needs.
For a quote, or to discuss your individual requirements, call our friendly team of experts now on 0800 142 2843. You can also fill in our online quote form for freelance professionals here.