• Home
  • Our Agency ›
    • About ›⤵
      • About
      • Meet Our Team
      • Our Locations
      • Our Reviews
      • Press Releases
    • Request Certificate of Insurance
    • Companies We Represent
    • Contact Us ›⤵
      • Contact Us
      • McLean Office
      • Alexandria Office
  • Products ›
    • Products
    • Home & Auto Insurance
    • Auto Insurance ›⤵
      • Auto Insurance
      • Liability Coverage
      • Comprehensive Coverage
      • Collision Coverage
      • Uninsured & Underinsured Motorist Coverage
      • Diminishing Deductible
      • Accident Forgiveness
      • Minor Violation Forgiveness
      • Roadside Assistance
      • Classic Auto Insurance
      • 24-Hour Customer Service
      • Rental Reimbursement
      • SR-22 Insurance
      • Towing
      • Personal Injury Protection (PIP)
      • Medical Payments Coverage
    • Home Insurance ›⤵
      • Home Insurance
      • High Value Home Insurance
      • Property Insurance
      • Homeowners Liability
      • Renters Insurance
      • Condo Insurance
      • Mobile Home Insurance
      • Scheduled Property Insurance
      • Flood Insurance
      • Landlords Insurance
      • In-Home Business Insurance
    • Other Personal Insurance ›⤵
      • Other Personal Insurance
      • Collectible Insurance
      • Identity Theft
      • Jewelry Insurance
      • Personal Umbrella Insurance
      • Pet Insurance
      • Data Backup
    • Life Insurance ›⤵
      • Life Insurance
      • Individual Life Insurance
      • Group Life Insurance
      • Long-Term Care Insurance
      • Mortgage Protection Insurance
      • Disability Insurance
      • Second-To-Die Policy
      • Key Person (Key Men) Insurance
    • Recreational Vehicle Insurance ›⤵
      • Recreational Vehicle Insurance
      • Boat Insurance
      • Motorcycle Insurance
      • Motorhome Insurance
      • ATV Insurance
      • Snowmobile Insurance
    • Industry Specific Insurance ›⤵
      • Industry Specific Insurance
      • Accounting Firm Insurance
      • Alarm Contractors Insurance
      • Builders Risk Insurance
      • Commercial Real Estate
      • Contractors Insurance
      • Construction Insurance
      • Consulting Firm Insurance
      • Specialty Trade Contractors Insurance
      • Craft Brewery Insurance
      • Healthcare Practice Insurance
      • HVAC Contractors Insurance
      • Landscaping Insurance
      • Law Firm Insurance
      • Maintenance Contractors Insurance
      • Manufacturing Insurance
      • Media & Advertising Insurance
      • Personal Trainer Insurance
      • Printers & Publishers Insurance
      • Real Estate Businesses Insurance
      • Restaurant Insurance
      • Retail Insurance
      • Snow Plow Insurance
      • Plumbing Contractors Insurance
      • Rideshare Insurance
      • Specialized Truck Equipment Insurance
      • Vacation Rental Property Insurance
      • Technology Services Insurance
    • Business Insurance ›⤵
      • Business Insurance
      • Loss Control Insurance
      • Business Owners Policy (BOP)
      • Commercial Auto Insurance
      • Commercial General Liability
      • Commercial Property Insurance
      • Commercial Umbrella Insurance
      • Cyber Liability Insurance
      • Crime Insurance
      • Home Office Insurance
      • Inland Marine Insurance
      • Professional Liability
      • Workers Compensation
      • Bonds
      • Fidelity Bonds
      • Small Business Insurance
      • Small Business Liability Insurance
      • Surety Bonds
  • Contact Us ›
    • Contact Us
    • McLean Office
    • Alexandria Office
    • Locations & Hours
  • Resources›
    • Business Affiliates
    • Get Your Flood Risk Score
    • Insurance Glossary
  • News and Updates ›
    • News and Updates
  • Blog ›
    • Blog
  • Get a Quote
Call Us 703-823-8800 ☰ ˟
Kinneman Insurance Logo
Call Us Today 703-823-8800
Home > Blog > Do Freelancers Need Business Insurance?
FRIDAY, DECEMBER 10, 2021

Do Freelancers Need Business Insurance?

A lot of freelancers—such as writers, graphic designers and coders—work from home, coffee shops or their clients' offices. They don't often have very much overhead, while others like musicians, photographers and event planners have equipment that costs thousands of dollars. Whether your freelance business has just a computer and printer or a room full of equipment, all freelancers should have a business insurance policy. Some clients will request to see proof of a policy for peace of mind, knowing that if someone gets hurt while dancing on your portable dance floor at their wedding, your insurance policy will cover the expenses. 
 group of business people
Among the types of business insurance that are available for freelancers are: 

Income Protection Insurance: Freelancing is great because you're the boss and set your own hours. However, there's nobody to fall back on when you're laid up in bed with a serious illness or injury. Income protection will usually give you 50 to 80 percent of your income until you're back to work. If you don't have an emergency fund to fall back on, consider this policy a must-buy.  
 
General Liability Insurance: Any business owner, including freelancers, should have a general liability policy. This will protect your finances if you're found liable for causing injury to a person or property. You never know when an accident will happen, and it may be out of your control. But this coverage helps keep you from having to spend your life savings on lawyers if the worst happens.  

Home Office and Equipment Insurance: Even if your only work tools are your laptop, buying a new one will set you back several days' worth of work, at least. Not to mention the opportunities you're missing out on while buying a new one. Insurance that covers your home office and equipment helps cover items if they're damaged or stolen. Don't rely on your renters or homeowners insurance to cover this; it isn't likely to cover items used for your freelance business. 

Tax Investigation: Tax laws are complicated and while you do your best to make sure you're reporting your income and expenses correctly, you never know when the IRS will do an investigation or find a mistake that you made. Even if you hire a tax preparer and have a low possibility of making an error, insurance helps ensure that you have the financial resources to cover your legal fees and time away from work.  

Your independent insurance agent can help you understand which types of business insurance are right for your specific situation.  

Get the coverage you need. Call us today for more information on business insurance.  
Posted 6:11 PM

Tags: business insurance
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2023
  • 2022
  • 2021
  • 2020

  • home insurance(12)
  • business insurance(10)
  • auto insurance(7)
  • insurance(7)
  • business(5)
  • car insurance(5)
  • #insurance(4)
  • life insurance(4)
  • policy(3)
  • homeowners insurance(3)
  • coverage(3)
  • owners(2)
  • bop(2)
  • commercial(2)
  • commercial insurance(2)
  • umbrella insurance(2)
  • liability(1)
  • whole life insurance(1)
  • flood insurance(1)
  • #condoinsurance(1)
  • #homeinventory(1)
  • cyber security(1)
  • general liability insurance(1)
  • #totalloss(1)
  • vintage vehicles(1)
  • #carinsurance(1)
  • personal and advertising injury(1)
  • #acv(1)
  • accident(1)
  • #diamond(1)
  • homeowners(1)
  • #car value(1)
  • #masterpolicy(1)
  • #rentalcar(1)
  • #buyingcarinsurance(1)
  • windshield repair scams(1)
  • claims(1)
  • auto(1)
  • #depreciation(1)
  • car(1)
  • term life insurance(1)
  • #flood(1)
  • #guaranteed value(1)
  • #water(1)
  • #jewlery(1)
  • classic car insurance(1)

View Mobile Version

Contact Us Today


Send us a Message
Kinneman Insruance

Alexandria Office
50 S Pickett St No. 20-A
Alexandria, VA 22304

703-823-8800
McLean Office
1301 Vincent Pl.
McLean, VA 22101

703-356-8155

Important Links
Meet the Team
Blogs
Carriers

© Copyright 2021. All rights reserved | Powered by Insurance Website Builder