Small business insurance is vital for construction professionals and other independent contractors — and now it’s easy to find and manage your coverage with apps.
Finding the best insurance coverage for your small business field is essential — especially for freelancers and independent contractors doing fairly irregular or high-risk work. If you need some help looking for the right insurance to support your efforts as a business owner or contractor, it’s worth turning to software and apps.
Instant quotes, anywhere
Whether you are tech-savvy or not, there is no denying that software and apps can make life much more efficient for the small business owner or contractor. From inventory management software to payroll automation, there is no shortage of virtual helpers to check out.
Insurance is no different, and many of the best online platforms can help you to get your hands on a quote anywhere you are, in just minutes or seconds.
Say you needed to take on a new building job but you did not have a specific type of coverage like roofing insurance, by using a quick online questionnaire you can obtain a customized solution in minutes.
This is a far cry from the days of having to manually search your options, and for anyone working in a diverse contracting niche, it could be a vital tool.
Mobile access to your insurance certificate
Thanks to mobile apps and online platforms, you no longer have to fumble around looking for a paper insurance certificate for what seems like a hundred years.
You can simply tap a button in a mobile app on your phone or tablet, and receive your digital insurance certificate instantly. In contract work, especially in the construction industry, being able to show your clients your certificate of insurance may be a mandatory requirement.
Failing to present this certificate could result in you losing out on work, but with the right online service or mobile app, you never have to worry about this again.
Wearable technology
Wearable tech — such as smart watches, smart glasses and VR headsets — is so far mostly a trendy personal accessory, but eventually it may serve to enhance the insurance industry.
For example, if you can reliably transmit data from your wearable tech to your insurance company while you work, you may be able to change your policy prices to better reflect your individual requirements. This added level of accuracy is very achievable through wearable tech, so keep your eye on the space.
The future of insurance technology
Insurance is intrinsic to the sustainability of a contracting career, so be sure to keep on the lookout for ways to secure yourself the best deal available.
Keeping an eye on the future of tech is exciting, and we can look forward to plenty of promising avenues. Technology such as AI assistants, scalable cloud-based solutions, and possibly even blockchain related options could provide you with enhanced policy security. So for the best apps in general and insurance apps for independent contractors in particular, the future looks even brighter.
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