Helpers embody the spirit of independence and flexibility that defines the gig economy. You set your own hours, choose your jobs, and are your own boss. This freedom is a huge advantage, but it also comes with unique responsibilities, especially when it comes to safeguarding your financial well-being.
One aspect of this responsibility is deciding the appropriate insurance coverage for you. Although there are many available insurance options from which you might choose, the goal of this page is to provide you with helpful information about one type: accident insurance.
What is accident insurance?
Accident insurance is a type of insurance that is designed to act as a safety net, offering financial protection if you're injured.
Think of it this way: if you were a traditional employee and got hurt on the job, your employer's workers' compensation policy would typically cover your medical expenses and/or a portion of your lost wages. However, as an independent contractor, you are responsible for managing your own insurance needs. Accident insurance is one option you might consider purchasing for protection in the event of an accident.
What does accident insurance typically cover?
While specific policy details can vary, accident insurance generally provides benefits for some or all of the following:
- Medical Expenses: This can include hospital stays, doctor visits, surgeries, rehabilitation, prescription drugs, and other necessary medical treatments resulting from an accident.
- Lost Income: If your injury prevents you from working for an extended period, accident insurance may provide a portion of your lost income, helping you cover your living expenses while you recover.
Be sure to carefully review any accident insurance policy you are considering, as benefits and specific coverage details vary between plans.
How to get a quote and purchase a policy:
There are many insurers who offer accident insurance. To begin exploring options, consider:
- Contacting a Licensed Insurance Agent: This is often the best approach. An independent insurance agent specializes in finding the right coverage for your unique needs. They can compare quotes from multiple providers and help you understand the nuances of different policies. Many insurers listed below work with independent agents.
- Directly Contacting Insurers: You can directly visit the websites of insurers and look for accident insurance and other policies. Some may allow you to get a quote online or connect you with a representative. You can easily search for these sorts of policies online. Some examples of insurers you may consider include:
Accident Coverage for Helpers and Hands in Washington State
Although Helpers and Hands are not employees of Dolly, in Washington state, workers’ compensation coverage is available for independent contractors in certain circumstances. For more information, please refer to this notice.
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