Tutoring business insurance isn’t required but may be necessary

Though private tutors aren’t legally required to buy coverage, the right policy may be essential.

Tutoring business insurance may not have been the first thing that popped into your mind when you decided on this job, but it can make all the difference if things take an unexpected turn.

When you decide to begin as a tutor, it’s a good idea to consider your risk exposure.

Before you start working, think about the many types of risk that you may face along the way. As much as we may not want them, and we do what we can to prevent them, accidents and other issues can happen. As the owner, it’s up to you to examine the types of risks to which you may be exposed in this form of self employment.

Though most places do not require you to have tutoring business insurance, when you consider your risks, you may decide that policies will be helpful. The nature and size of those policies will depend on the nature and size of your business. This includes whether you tutor in person or online, how many clients you have, the age of those individuals, and other factors.

There are many risks your tutoring business insurance will cover that your homeowners policy won’t.

Among the most common types of policy tutors purchase include coverage for:

• Property damage (including damage occurring at your home, your customer’s home or wherever else you happen to meet)
• Personal injury
• Errors in knowledge or advice you provide
• Cyber attack/data breach (particularly if you provide online services)
• Commercial auto (if you drive your vehicle to meet your customers or if you pick them up)

If you are uncertain as to the areas in which your exposures are greatest, it is a very good idea to speak with an insurance agent with knowledge and experience in covering this type of business. While it is unlikely that you will find an actual tutoring business insurance policy under that specific name, a professional will help you to tailor affordable coverage to your specific company. This will allow you to discuss the nature of the protection you’re most likely to need.