
Freelancer & consultant insurance cost
As a freelancer, you’re in charge of everything, and you’re on the hook for claims and lawsuits. That’s why you need insurance. Here’s what to know about freelance insurance costs.
If you’re a biology whiz or a talented wordsmith, you might want to monetize your skills by teaching others how to master a particular subject or skill. From grade school students in need of extra support to post-grads studying for admissions exams, people of all ages need tutors to help them understand new concepts, develop new abilities, and achieve success.
Private tutoring can be a lucrative and rewarding career or side hustle… as long as you start with a solid business plan.
In this short guide, we’ll go over the basic steps for how to become a tutor. Sharpen those pencils, and let’s get started!
First things first: consider your strengths. While some people can both ace quantum physics and write a Pulitzer-worthy essay, most of us probably have a more limited range of skill and expertise.
What’s your tutoring niche?
Now that you know what subject(s) you want to tutor, figure out how you’ll fit into the current market and competition. Consider:
Maybe you’ve decided to focus specifically on SAT math, or perhaps you’ll pitch to anxious pre-med students looking for a leg up in their course material. Either way, it’s time to get the word out
Once you have a few tutoring clients, you’ll start to find additional students through word of mouth. But to find those first few learners, cast a wide net.
Spread the word by:
You could even have a tutoring position as a freelancer for a larger local tutoring company. However, if you want to take on private clients, avoid signing a contract with a noncompete clause.
Once you’ve done some promotion, it probably won’t be long before you land your first tutoring job!
Before you head out or log on to meet your first student, make sure you and your business are protected by business insurance.
Why do tutors need insurance? Imagine the following scenarios:
You may not think anyone would sue a well-meaning tutor, but when things like college and job applications are on the line, parents and students can quickly turn litigious.
Without insurance, you may be responsible for your own legal fees, as well as any damages.
That’s why tutors need:
General liability insurance – Also called commercial general liability, this insurance can provide coverage for client and third-party claims of property damage, personal and advertising injury, or bodily injury.
Professional liability insurance – Clients can sue you for negligence alleging that your errors led to their financial loss. Professional liability insurance can help protect you.
If you work for a larger tutoring company, you’re probably wondering whether you need your own insurance.
Keep in mind that independent contractors may not be covered by the professional liability insurance covering the company that they work with. Even if you are covered, you could still be named as a third party in a lawsuit, in which case you’d have to pay for your own attorney.
That’s why having your own insurance policy is still a great safeguard.
Ok, so you agree business insurance is a good idea. But when you’re just starting out as a tutor, you may work just a few hours a month, do you really need insurance? And can you even afford it?
The answer is yes, and yes! Fast, flexible Tutor Insurance through Thimble is designed for professionals like you. Choose from hourly, daily, or monthly policies so that you’re only paying for insurance when you’re working and actually need it.
Better yet, it’s lightning-fast to get insured via Thimble. Just enter your ZIP code, along with your desired policy length and coverage limits, and you’ll receive an instant quote. Purchase with a click and show up to your next tutoring job prepared for almost anything – except for a student who keeps dozing off.
As a tutor, we know you appreciate a good lesson summary.
Here’s what it takes to become a tutor:
Ready to become a successful tutor? We won’t give you a test, but we know you’d pass with flying colors. So get out there and start helping students shine!
Our editorial content is intended for informational purposes only and is not written by a licensed insurance agent. Terms and conditions for rate and coverage may vary by class of business and state.
As a freelancer, you’re in charge of everything, and you’re on the hook for claims and lawsuits. That’s why you need insurance. Here’s what to know about freelance insurance costs.
You’ve got the skills, now it’s time to find the client. These 19 freelance job sites will help you land the job you want with the flexibility you need.