As a freelancer in the UK, professional indemnity insurance is an important part of protecting your business. While it's not always mandatory, it's highly recommended. PI insurance protects you against claims made by clients who claim you've caused them financial loss through your professional work or advice. For freelancers, this is particularly important as you're personally liable for any claims. The cost of PI insurance for freelancers varies depending on your profession. Freelance writers, designers, and consultants typically pay between £100 and £300 per year. More specialized professionals may pay more. To get PI insurance as a freelancer, you'll typically need to provide information about your business, your experience, and your claims history. Many insurers offer policies specifically designed for freelancers and small businesses. Use comparison tools like Leo to find the best deal on freelancer PI insurance. It's worth getting quotes from multiple insurers to find the best cover at the best price.
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