Professional Indemnity Insurance Cost Sole Trader
How would tackling a legal dispute impact you financially?
Organise cover to meet the cost of being taken to court with a quote from our trusted partner, iPro.
Get a QuoteUnderstand the cost of a claim against you
As a sole trader, you have the freedom to run your business your way, but that also comes with unique responsibilities. Protecting yourself from the potential costs and compensation payments that could come from a legal claim is one of the most important steps you can take.
Whether it’s a claim of negligence, breach of contract, defamation or misuse of intellectual property, even a minor disagreement with a client can quickly escalate into a major financial burden.
Understanding the level of risk you face and the cost of cover is key to ensuring you have the right level of protection. This type of insurance is specifically designed to shield you from the impact of paying for legal counsel, compensation claims and related expenses, helping you avoid financial stress if a claim arises.
Our team specialises in supporting sole traders by identifying their potential risks and providing tailored advice. We’ll recommend a policy that meets your unique needs so you can focus on running your business without concerns about the cost of handling legal disputes.
Get a QuoteWe are thrilled to be partnered with iPro
Their simple quotation tool can generate a tailored and affordable solution for freelancer Professional Indemnity Insurance.
- Established over 25 years
- 24hr legal advice helpline
- Access to legal document hub
- Instant policy documents
- Dedicated claims service
- Easy payment options
What type of legal risks could I face?
Sole traders encounter a variety of legal risks in their daily operations, including:
- Providing advice that leads to financial loss or reputational harm for a client
- Unintentionally using copyrighted materials in their work
- Breaching confidentiality by mishandling sensitive information
- Falling short of contractual obligations due to unforeseen delays or challenges
Understand what professional indemnity insurance might cost you as a sole trader and what you should cover with support from our experts.
Consider Optional Extras like Public & Employers Liability and Cyber Cover
Protect Your Team – Public & Employers’ Liability Insurance
Meeting clients, customers, or suppliers? Public Liability insurance protects you from claims for injuries or property damage, from slips and trips to significant losses. Get up to £5 million in coverage with a quick quote in 30 seconds.
If you hire freelancers or contractors, Employers’ Liability insurance is a legal must. It covers legal and compensation costs if they’re injured while working for you. Even a minor accident could lead to a claim—get covered for less than the cost of a fortnightly coffee.
Stay Protected from Cyberattacks, Data Breaches, and Penalties
Add Cyber Liability insurance to your policy for:
- Financial protection for recovery costs, legal fees, and compensation.
- Help managing data breaches and compliance.
- Support with fines, business interruption, and reputation management.
Cyber threats are rising—get covered and safeguard your business today.
Simply tick the box(es) on your Professional Indemnity quote to add these additional protections.
Get A QuoteAchieve peace of mind and protect your business. Organise your cover today.
Fill out the form below to arrange a time to speak to an Indemnity Insurance expert.