Contractors and Freelancers Insurance
Insurance for contractors is vital, ensuring that if anything goes wrong, you won't be saddled with a crippling bill.
Insurance cover for freelance professionals and contractors
Contractor and freelancer life has its ups and downs. Our specialist insurance means that if a project goes pear-shaped, you won't be saddled with the bill. With the freedom to choose your jobs, hours and location, freelancing and contracting offers a lot of benefits.
But being your own boss also exposes you to risks you wouldn't face as a traditional employee.
From £5.13 per month
Pay by the month
Change or cancel any time
Make changes without fees
Instant documents
Why do I need contractor and freelancer insurance?
Nasty surprises
Clients pay for your knowledge and expertise, but what if you make a mistake? If your advice doesn't work out as expected, you could face a lawsuit, with legal costs and compensation to pay. If that happens, professional indemnity cover (PI) will ensure you're protected. Plus, clients may insist you have it – so it could help you win assignments (or not lose them!)
Cyber and data threats
If you work remotely and handle a lot of client data then you could be at risk of a cyber-attack or data breach.
Cyber security insurance for freelancers will protect you for a breach of data protection laws (where insurable by law) and your liability for handling data, as well as cover for extortion, system rectification costs, plus PR expenses and financial loss due to system downtime.
Moments of clumsiness
Our public liability insurance for freelancers will protect you if you cause injury or property damage to a third party, either at your home office, co-working space, at a client's office, or when out and about. It's also worth bearing in mind that some of your clients, or even suppliers, might ask you to have PL, so make sure your minimum cover limit meets their requirements as well as your own.
Tools of the trade
Whatever kit you rely on, whether that's a laptop, filming equipment or more technical machinery, having it lost, stolen or damaged will leave you high and dry. With our freelance contents insurance and portable equipment cover, we'll replace your gear and have you back up and running in no time. And unlike with many providers, being based in a co-working space is no problem.
Useful links
- How much cover do I need?
- Can I change my cover or add policies?
- What to do if I have multiple business activities?
- How do I know what my policy covers?
- How do I cancel my policy?
- How long is a quote valid for?
- Is business insurance tax deductible?
- What do I do if my business type isn't on the list?
- Will I be covered straight away?
Contractors and freelancers guides
- What contractors need to know about business insurance
- The Ultimate Guide to Startup Insurance
- Your ultimate guide to cyber security
- What freelancers needs to know about business insurance
- What contractors need to know about business insurance
- Everything you need to know about IT contracting
- Everything you need to know about going freelance
- 10 top hacks for solopreneurs
We're rated excellent by our customers
Further reading
Top 5 benefits of data privacy for startups
Startups are not immune to the threat of data breaches and have a responsibility to protect their customers’ data. That’s why startups need to intensify their efforts to gain their trust.
The biggest cybersecurity threats of 2019
As cyber-crime becomes more common-place, all businesses – even small ones – need to be prepared.
Pros and cons of the agile approach
Agile tends to suit smaller, more adaptive businesses with strong core teams and a fluid communication style.
Award-Winning Insurance
We're the British Insurance Awards 2018 Insurance Start-up Winner - recognised for our innovative range of covers, online customer experience and flexible subscription model, which make buying and managing insurance easy and accessible for businesses in the digital industries.
We insure thousands of innovative businesses
You're in safe hands
Authorised by the FCA
The FCA supervises UK financial services firms to protect consumers. We are directly authorised and regulated by the FCA and our Firm Reference Number is 656459. These details can be confirmed on the Financial Services Register at www.fca.org.uk or by calling the FCA on 0845 606 1234.
A-rated financial strength
Our insurance products are underwritten by Standard & Poor’s A-rated financial strength or higher. This means the underwriter has been independently assessed by the world’s leading credit rating provider and found to have a strong capacity to meet financial commitments (pay claims).
Protected by the FSCS
If you are a business with an annual turnover under £1m, charity with an annual income under £1m, or trust with net assets under £1m, then you will be entitled to compensation from the FSCS in the unlikely event we cannot meet our obligations. Full details and further information on the scheme are available at www.fscs.org.uk