Professional Liability Insurance for Self-Employed Individuals

There are a huge number of providers offering various self-employed professional liability insurance policies. This can make it difficult to find the right solution for your specific situation. The costs and required coverage vary greatly depending on your profession. At Alpina.nl, you can easily compare suitable self-employed professional liability insurance policies from various providers. This way, you can be sure you have the best possible coverage at a competitive premium. Fill in your details as thoroughly as possible and find the ideal self-employed professional liability insurance policy for your situation.

Please note: Professional liability insurance for self-employed individuals is not comprehensive liability insurance for self-employed individuals. It does not cover personal injury or property damage caused by you while performing your work. To cover such damages, you must purchase business liability insurance for self-employed individuals.

You've taken the step to start as a self-employed professional. You’re setting up your own business and getting started. Things are going well enough to cover your costs, and after a while, you even make your very first profit. Everything seems to be going just as you’d hoped.  

Until, at some point, you make a mistake… This can happen in any field of work happen. Imagine if this situation involved a problem that can’t be resolved quickly… A problem that’s going to cost your customer a lot of money—or has already cost them a lot. Now you’re stuck with an angry client and, as if that weren’t enough, you’re also facing a claim for damages. Through the claim for damages, the customer is trying to recover all the costs incurred because of your mistake.  

To protect yourself against such claims for damages, there is professional liability insurance. But why should you get this insurance, and how do you choose the right policy? In this blog, Alpina explains it for you. 

Professional liability insurance and general liability insurance (AVB) are often confused with one another. However, there is a very clear difference. Professional liability insurance covers only finanliability damages and property damage.  

This is not the case with a general liability insurance policy. A general liability insurance policy covers injuries– and property damage. Examples include breaking tiles at a construction site or being involved in a car accident with a company vehicle.  

Would you like to choose both typesand types of damage? Then you’ll need to purchase both insurance policies.  

Please pay close attention to the following points if you wish to purchase professional liability insurance. 

Coverage 

Always check carefully what your professional liability insurance policy covers. Different insurers may offer different coverage packages. Be sure to ask request quotes from several insurers and compare all policy terms and conditions. Pay close attention to when the insurance will or will not pay out. The conditions for paying out often vary by insurer.  

Amount 

How much coverage do you actually have? This, too, can vary depending on the insurance policy. Your premium also depends on the coverage amount. The higher the coverage amount, the higher your premium will be.  

Do I need it? 

Think carefully about whether you really need professional liability insurance. This type of insurance may not be that important for your profession.  

At Alpina, we always recommend that you consider this insurance if you work as a self-employed professional. First and foremost, this is due to your personal liability under the “sole proprietorship” legal structure. In fact, you could face personal bankruptcy in the event of a substantial damage claim.