Its great to be an independent contractor or freelance employee, but its even better to be a contractor or freelance employee who’s well-covered with professional liability insurance in Austin, TX. If you’re a traditional employer who’s thinking of hiring general contractors or freelance employees, you too will want to make sure they’re covered with liability insurance.
One of the most essential things to keep in mind with professional liability insurance is that there are different types of insurance. These types include general liability, contract liability and advertising personal liability. The type(s) to get depends on the work performed, making it important to work with an insurance contractor who’s familiar with your industry and the type of work you do.
Understanding professional liability insurance in Austin, TX, is the first step to getting the proper policy. For instance, contract liability deals with arguments pertaining to contracts that are in place. Advertising personality touches on the harm done to another persons reputation or a loss occurred through false advertising, slander or libel.
It can be a bit overwhelming deciding which types of insurance to add to your policy, but that’s no excuse for not having the right type of insurance. If you’re an independent contractor or thinking of hiring one, be sure you protect yourself with professional liability insurance.