Do Individual Contractors Require Liability Insurance Coverage

​General liability insurance may not be at the top of your to-do list as a self-employed individual. When things go wrong, though, it can save you a lot of legal expenses. General liability insurance is typically a requirement from clients for freelancers. They won't do business with you if you don't provide it.

Liability Insurance and Its Significance for Contract Workers
If something goes wrong while an independent contractor works, they may be held financially responsible for any damages. Private contractors are subject to the same liability for damages to customer property, injuries, and advertising injury as any other firm. Advertising injuries can take several forms, such as defamation, fraud, copyright theft, etc.

Liability of Contract Workers
For complete safety, it's recommended to have many forms of liability insurance. Additional insurance policies that can shield your organization from risks include:

• Freelancers
• Visual Artists
• Freelance cosmetologists and beauty salon experts
• Services for cleaning
• Painters
• Carpenters
• Professionals in the field of repairs
• Plumbers
• Those who work in the electrical trade
• A group of people who work with animals

Without the right insurance, self-employed people risk being buried in financially ruinous legal disputes. You could be accountable for things like:

• Negative effects on property
• Physical harm
• Advertising Injury

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How Can it Benefit Independent Contractors?
One large liability lawsuit can bankrupt a tiny company that does not have insurance coverage. You may have to pay out of pocket for large claims against your company without general liability insurance.

Most construction-related private contractors need to have general liability insurance. They can only obtain work in the construction industry with it. General liability insurance is a prerequisite for operations with many clients in the construction industry.

For several reasons, general liability insurance is essential for freelancers and small businesses.
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Some customers need it and as a result, you are safeguarded from legal action and financial loss. There also may be times when it is required of you.

Freelancers' Legal Security
Most self-employed people lack the financial wherewithal and organizational support to defend themselves effectively in such cases. Your general liability insurance may cover the costs of defending yourself in court and paying any fines or judgments.

At CSIS Insurance Services, Inc., we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (888) 501-2747 or Click Here to request a free quote. Topics and coverage discussed in this article are not guaranteed, consult with your agents to determine what your policy does and does not cover. We are more than happy to help!