Insurance is a must when working in the independent construction industry. While sometimes businesses will list 1099 employees as “additional insured” on company policies, in general the business with whom a contractor is working will not provide insurance for them.
1099 employees are usually not covered by traditional workers’ compensation insurance. This means that if you are involved in an accident or injury on site, the company may not be required to cover your medical and recovery expenses. In order to be sure that you can handle such situations, independent contractors are required to cover their own risk on a job site. Independent contractors liability insurance can be expensive, but there are many reasons why you should carry coverage.