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.
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.
These insurance policies cover common risks faced by translators.
A business owner's policy, or BOP, is a cost-effective way for translators to buy general liability coverage and commercial property insurance together.
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.
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.
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.
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.
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.
A translator who works independently will pay less for insurance than a larger business.
Factors that affect premiums include:
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:
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.