Contractor Insurance

Contractor Business Insurance – Affordable, Flexible and Tailored for You

Life as a contractor can be rewarding and stressful in equal measure. On the one hand, there is the freedom to pick and choose who you work with and when, but on the other it’s a lifestyle that may lack some of the certainty that can come with a traditional employment contract.

This means finding the right contractor insurance is even more important – it’s a way to manage risk and gather the peace of mind that comes with knowing you’re protected if things go wrong. But finding the right contractor insurance can be time consuming and uncertain too – after all, buying the wrong cover could leave you exposed when you need it most.

That’s where we come in. As an insurance broker, we’ll take on the hard work so you don’t have to. Our experts will help you work out what cover you need, by searching our specialist insurers and gathering suitable contractors' insurance quotes. What’s more, once you’re happy with a suitable policy, we’ll get your cover set up straight away– no stress, no fuss.

Of course, your insurance needs as a contractor will depend on the industry you work in, the type of work you do, and where you are based. But don’t worry, we have a wide range of types of cover available for you to choose from ‒ so you’ll end up with affordable, flexible contractor insurance cover that’s tailored for you.

Why Contractor Insurance is Important

Working as a contractor can bring a unique freedom. You can choose the way you work – when and where. But it also brings risk.

Who steps in if something goes wrong? Who would pay the bills if you were unable to work?

As a contractor, recovering from these kinds of issues is down to you alone. That is why contractor insurance is so important. A contractors insurance policy, tailored to your needs, is a simple way to protect against these risks.

About the Contractor Economy

Working as a contractor is increasingly popular. In fact, the so-called ’gig economy’ has grown by around 25% since 2009. It now comprises some two million workers in a wide range of sectors and generates somewhere in the region of £100 billion[i].

It’s a balancing act and not right for everyone of course, but contracting can bring a sense of freedom and a work life balance that a salaried job may not. On the other hand, a lack of job security can be a big issue, as can the knowledge that there is no employer to step in when things go wrong.

That is why setting up as a contractor should be based on careful consideration of the risks as well as the rewards – and reducing those risks means finding affordable contractors insurance to protect your livelihood.

We know you’re busy, so we’ll offer expert advice and search for the insurance you need, so you don’t have to. Meanwhile, you’ll be able to get on with running your business, safe in the knowledge you’re covered. Contact us to find out how we can help you.

[i] https://www.forbes.com/sites/peterjohnston/2017/04/20/why-freelancers-will-fuel-uk-businesses-in-the-post-brexit-economy/#610d526b7c35

[ii] https://www.forbes.com/sites/peterjohnston/2017/04/20/why-freelancers-will-fuel-uk-businesses-in-the-post-brexit-economy/#610d526b7c35

_{Terms and Conditions}

_{* We randomly surveyed 54 new business policyholders (12.5%) with insurance start dates between 12 April 2019 and 1 August 2019. 93% made a financial saving by moving to smei, with an average saving of 15.96%. This data excludes commercial and residential insurance for landlords.}

_{** Standard and optional cover may differ dependent upon insurer.}