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A Sneak Peek at the Episode

[1:00] There are a lot of things to be unnecessarily worried about when starting out as a copywriter and one of the top ones is whether or not you need business insurance. As a copywriter, you most likely don’t need business insurance. But, remember Nicki and Kate are not attorneys so if you still have some doubts, check with one!

[2:15] Insurance plays on that fear that you’ll get sued. When you are a copywriter, you don’t write the copy for yourself. When the copy is being used by the company, it is their voice, not yours.

[5:00] You most likely won’t be in a scenario where you are putting copy out on behalf of your client. If you start adding more services to your business, you might want to consider insurance.

[6:30] Nicki and Kate talk about how there are “home-based” insurance plans that target freelancers who run their businesses from home, much like most copywriters. Now that so much can be done 100% online, like copywriting, these plans are outdated for the new way people work.

[8:30] An insurance agent’s job is to sell you insurance. Instead of asking an insurance agent “Do I need insurance?” (where the answer will always be yes from them), ask what the insurance will cover for you so you can make an informed decision based on your own needs.

[10:00] Nicki and Kate mention that if you are offering a service where you are taking private information from clients’ clients such as credit card information or addresses, you should probably look into some cyber insurance.

Related Links

• Do Copywriters Need Insurance?
• Freelance Copywriter Business FAQs
• Choosing a Business Structure as a Copywriter

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About the Build Your Business Podcast

Ready to turn your love of writing into a successful copywriting career?

Join professional copywriters Nicki Krawczyk and Kate Sitarz to get the tips, tools, and training to help you become a copywriter and build a thriving business of your own. Nicki and Kate have 20+ and 10+ years of experience, respectively, writing copy for multi-billion-dollar companies, solopreneurs, and every size business in between.

Whether you want to land an on-staff job, freelance full-time and work from wherever you want, or make extra money with a side hustle, the best place to start learning is right here.

See Previous Episode

Ep. 29: Morning Rituals to Drive Your Copywriting Success

The post Ep. 30: Do Copywriters Need Business Insurance? appeared first on Filthy Rich Writer.

Note: We are not legal experts or tax preparation professionals, so always consult an accountant, tax prep professional, or attorney if you have concerns. This information is aimed at copywriters in the United States. Copywriters in other locations may find this information useful for determining what questions they need to ask and answer based on their country, region, or city.

There are so many types of insurance. As professional copywriters who want to do the right thing, we often feel like we need insurance to … cover ourselves.

But while they may make us feel more professional, they’re often more than we need. And if you ask someone in the insurance industry, of course they’re going to advocate that you get insurance. So, go with your gut and what gives you peace of mind, but do your research, too.

Let’s address a few common types of insurance and whether or not they make sense for copywriters.

General Liability Insurance

This one sounds like it protects you from lawsuits, but that’s not actually what it does. For the most part, general liability insurance is to protect you if a client falls and injures themselves on your property.

But guess what? You don’t have to have your clients over to your house. Meet with them on Zoom. Or, if they request an in-person meeting, you can meet with them at their office. You don’t need insurance for your home office.

Professional Liability/Indemnity Insurance

Professional liability or indemnity insurance covers legal expenses if a client claims that your negligence caused them financial losses.

But, for the most part, your copy is written by you, but then approved by the client. Generally speaking, once the client approves it, they take on any liabilities for errors or issues. Ultimately, they’re putting it out into the world as a representation of themselves.

Disability Insurance

This one might be worth thinking about, depending on your financial situation.

Here’s the question to ask yourself: if you got hurt or sick and couldn’t work for a few weeks or a few months, would you and your family be okay or would you be in trouble? If it’s the latter, it might be worth researching short or long term disability insurance to help tide you over until you can get back to work.

By and large, copywriters do not need insurance. But, if you’re feeling like you may need it in your situation, definitely talk with a professional to get peace of mind.

Watch More

Your Turn! Did you decide to get insurance for your copywriting business? Why or why not?

The post Do Copywriters Need Insurance? appeared first on Filthy Rich Writer.