Wheat Ridge, CO has seen an increase in freelancers lately, which is typical for the national trend sweeping the nation. Unfortunately, we at CO Insurance Specialist have noticed freelancers aren’t taking the proper steps to ensure themselves. That’s because they don’t quite understand that they are a business and might need some protection. Therefore, it is critical to know what kind of freelance commercial insurance is available and how it helps protect your financial freedom.

The Types You Can Expect

When buying commercial freelancer insurance, your options include:

• General Liability – Covers you when somebody tries to sue you after suffering a bodily injury. Can also protect you against slander, libel, and copyright issues.
• Property Coverage – If your freelance business includes property (such as an office in your home), commercial property insurance will cover any damage that occurs to it.
• Professional Liability – When your actions somehow cause financial problems for your clients, this type of coverage can protect you in lawsuits.

Thankfully, you can add all of these types of coverage to your commercial insurance to create a diverse policy that ensures maximum protection.

Is It Strictly Necessary?

While you might not strictly need freelancer commercial insurance, it’s great to have it when you need it. Without this type of coverage, you could be sued and end up losing everything in a lawsuit. However, your liability insurance will protect you and ensure that you can stay in business and even rebound if you lose the lawsuit. When you do, your liability insurance will pay.

Protect Your Freelance Business

So if you are a freelancer in Wheat Ridge, CO and want to protect your business needs, please don’t hesitate to contact us at CO Insurance Specialist. We will take steps to ensure that your business needs are protected and that you don’t suffer from any losses.