What insurance does a freelancer need?

Both general liability insurance and professional liability insurance are included in the consultant and freelancer’s policy. General liability insurance arranged by Thimble is designed to protect freelancers against accidents on the job that result in bodily injury, property damage, personal or advertising injury to a third party.

What is freelance business insurance?

Freelance business insurance protects you from potential risks and financial inconveniences associated with your work. A common type of business insurance is the business owner’s policy (BOP). A BOP is a comprehensive insurance package designed to provide small businesses with a combination of general liability and property insurance.

How much do freelancers pay for business insurance?

For a point of reference, according to the insurance company Pogo, on average, freelancers and self-employed professionals pay $400 per year for general liability insurance. A great way to save money on business insurance as a freelancer (or any business owner) is to purchase a customizable business owner's policy.