Working without liability insurance seems a reasonable saving until an accident or property damage occurs in the client's home, at which point that saving can turn into a debt far greater than what the policy cost over years.
What this insurance covers
It covers damage caused to third parties (the client, a neighbour, a passer-by) during the work: from a water leak damaging the flat below to an accident affecting a person outside the job. Without this insurance, the professional answers with their own assets in any of these situations.
Why many clients now require it
It is increasingly common for companies, homeowners' associations and even informed private individuals to ask for proof of liability insurance before hiring, especially for work with some risk (height, installations, structure). Not having it can close the door on certain clients outright.
Cost compared with the risk covered
The annual cost of a liability policy for a self-employed person in the sector is, in most cases, a minimal fraction of the potential cost of a single serious uninsured incident. It is one of the investments with the best ratio of cost to real protection of the business.
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