Why do translators need insurance?
If an error in translation causes a client to lose money, the result could be a lawsuit. Fortunately, business insurance can cover legal costs related to the quality of your work. It can also help pay for injuries, theft, fires, cyberattacks, and accidents that might harm your small translation business.
Find affordable coverage
Translators and interpreters can save money on insurance by comparing quotes from top-rated providers.
Fill out Insureon's easy online application to get free quotes and advice from a licensed agent.
What types of business insurance do translators need?
These insurance policies cover common risks faced by translators.
Business owner’s policy
A business owner's policy, or BOP, is a cost-effective way for translators to buy general liability coverage and commercial property insurance together.
- Slip-and-fall injuries
- Accidents that damage client property
- Stolen or damaged business property
General liability insurance
A general liability policy covers basic third-party risks, such as a client injury in your office. Bundle it with business property coverage for a discount in a business owner's policy.
- Slip-and-fall injuries
- Customer property damage
- Libel and other advertising injuries
Errors and omissions insurance
E&O insurance covers legal defense costs related to the quality of your translation services, such as a mistake that causes a client to lose money. It’s sometimes called professional liability insurance or professional indemnity insurance.
- Missed deadlines
- Translation errors
- Accusations of negligence
Workers’ compensation insurance
Most states require workers' comp for translation businesses that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
- Employee medical costs
- Disability benefits
- Legal fees from employee injuries
Commercial auto insurance
Commercial auto insurance covers financial losses when a translation company's vehicle is involved in an accident. It's required for vehicles registered to a business.
- Property damage caused by your vehicle
- Bodily injuries from an auto accident
- Vehicle theft and vandalism
Cyber insurance
This policy helps freelance interpreters and agencies financially survive data breaches and cyberattacks. It’s strongly recommended for any small business that stores personal information.
- Data breach lawsuits
- Client notification expenses
- Fraud monitoring costs
How much does insurance cost for professional service businesses?
A translator who works independently will pay less for insurance than a larger business.
Factors that affect professional services premiums include:
- Services you offer, such as sign language interpretation services
- Business property and equipment
- Business income
- Types of insurance purchased
- Policy limits and deductibles
How do I get translator insurance?
It's easy to get translator or interpreter insurance if you have your company information on hand. Our application will ask for basic facts about your business, such as revenue and number of employees. You can buy a policy online and get a certificate of insurance with Insureon in three easy steps:
- Complete a free online application
- Compare insurance quotes and choose policies
- Pay for your policy and download a certificate
Insureon's licensed insurance agents work with top-rated U.S. providers to find the right insurance coverage for your translating business, whether you work independently or hire employees.
Verified business insurance reviews
Hear from customers like you who purchased small business insurance.