What insurance do I need as a self-employed person?


What type of insurance do I need for my self-employed business?

A frequently asked question for self-employed people is “What insurance do I need as a self-employed person?”. Whether you are an independent project manager or a freelance carpenter, discover that self-employed insurance policies are important. You can reduce the risks that you face as an entrepreneur by knowing what they are. Or at least limit it. You can insure the remaining risks. You have many things to think about when you’re just starting as a freelancer.

To save time, we have listed the self-employed insurance policies that are most often chosen by starting entrepreneurs. If you are already a self-employed person, it is wise to check whether you are sufficiently insured for the work you perform. For advice on the different types of self-employed insurance policies, you can contact FreshZPP’s partner network.

Health insurance self-employed person

For the time being, the compulsory insurance for the self-employed is health insurance. Everyone in the Netherlands must have health insurance. Even if you are an independent entrepreneur. While paid employment pays the employer’s taxes, entrepreneurs pay an income-related contribution. This contribution is based on your taxable income, the Health Insurance Act premium. Did you and your employer collectively have healthcare coverage? Then you can let this health insurance continues, but without the benefit of the collective. This one expires of course. You can also use other collective self-employed insurance policies to get healthcare.

Liability Insurance self-employed

A liability insurance (AVB) is indispensable. There are two types of liability you can deal with as a self-employed individual. Namely, the business and professional liability insurance zzp. Contrary to popular belief, private third-party liability insurance does not reimburse for damage that you cause to others from your company. A business liability insurance zzp is therefore necessary.

Business liability insurance self-employed person

A business liability insurance zzp (AVB) covers damage that you cause to others during your work. Think, for example, of a customer who stumbles over your paint supplies and is in plaster for months. Or you deliver the ordered washing machine and bump into a precious painting hanging on the wall, resulting in damage. Without business liability insurance, you will be responsible for the financial consequences of this damage or injury.

Professional Liability Insurance Self-employed Person

The self-employed do not need professional liability insurance. However, clients are increasingly requiring self-employed workers to have professional liability insurance. This insurance may also be required by a trade association. There are professional groups, such as architect, accountant, or consultant, where financial damage can be caused by incorrect advice. Think, for example, of a parking garage that collapses due to a calculation error by the architect. An accountant who makes a mistake and the tax return is incorrect. In such cases, professional liability insurance is definitely recommended.


CAR insurance for self-employed in the construction sector

A CAR insurance self employed person is the best choice if you are involved in construction work. You are covered for any consequential damage to the work you have done. All work related to the construction of a building is considered structural work. This includes installing load-bearing walls and roofs, as well as supporting and supporting beams. For example, if you build a load-bearing wall incorrectly and part of the building collapses, the costs are a lot higher than just installing a new load-bearing wall. All damage resulting from this error is called consequential damage. You insure this consequential damage during construction work with a CAR insurance zzp. If you work as a self-employed person in the construction sector, clients require you to have a special CAR insurance self-employed. What is the difference between CAR and AVB insurance? An AVB provides cover for general liability and damage to the client’s equipment. CAR insurance is required for consequential damage to your construction project and your own materials. Therefore, make sure that you take out the necessary self-employed insurance before you start working on an assignment in the construction world.

Source article comes from Fresh ZZP. Fresh ZZP has the solution in zzp insurance for all self-employed.

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