Subscribe to Entrepreneur for $5
Subscribe

On the Job

Is that independent hire insured? If not, then you'd better be.

By
This story appears in the August 2003 issue of Entrepreneur. Subscribe »

Hire an independent contractor, pay the fee, get the work done, and pat yourself on the back for a smart business decision. But who picks up the tab if things go wrong--or if they don't go exactly as planned? It's a good idea to make insurance part of your independent contractor agreement. The insurance you require depends on the type of work the contractor does and what your liabilities are.

According to Alejandra Soto of the Insurance Information Institute, these are the coverages you'll likely need:

Continue reading this article -- and everything on Entrepreneur!

Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5!

3 months free with code ZENDESK

Presented by zendesk

3 months free with code ZENDESK