Flexible freelance insurance from Bunker

Get flexible, contract based insurance with Bunker

We’re sure you’ll agree that sorting out insurance can be a pretty frustrating experience.

Especially as most insurance companies just aren’t fit for modern freelance contracts.

We know how in important it is for you to have flexible and cost effective insurance, which is why we’ve partnered with Bunker as they are the only company that provide usage-based insurance so you only pay when it’s required for each contract.

Bunker specialise in providing insurance for small businesses that seamlessly embeds commercial insurance directly into the contracting and compliance process and are also a licensed digital insurance broker.

You can also upload your existing insurance certificates into Bunker or purchase the insurance you need directly from Bunker for their specific terms.

Bunker also have dedicated and licensed insurance agents who can help you to make sure you get exactly the coverage you need and manages expiration dates to make sure that you’re always compliant with your contract.

The reason Bunker was created was because of their frustrations with how the insurance industry had become be a barrier to work, because its rigid format just hasn’t adapted to the gig economy. By 2020, 43% of the U.S. Labor force will be independent contractors, which is why Bunker are so passionate about making sure that insurance can be flexible insurance that works for you and your clients.

They know that you don’t always need insurance for the full, one-year term that traditional insurance policies offer; that’s why Bunker created usage-based insurance.


Freelancer sorting out his insurance

What is Usage Based Insurance?

Usage-based insurance allows independents to acquire the proper amount of insurance for a contract and only pay for the term of that contract.

It seems logical, but it’s actually the first-of-its-kind in the small business insurance industry.

Usage-based insurance also allows independent contractors to choose a policy based on customized coverage tiers, easily purchase the policy online, and includes Certificates of Insurance for all of the clients you might have.

With usage-based insurance, you can customize the amount of clients and months you need coverage for. There are no annual commitments and you purchase what you actually need.

Traditionally, 1099 workers had to purchase one-year policies no matter the length of their contract, and it could take weeks to receive a policy.

Today, policies are issued instantly and once you find a project, you can take your contract requirements to Bunker and start work the next day knowing you are 100% compliant with your contract.

To better understand usage-based insurance, meet Brandon.

Brandon is a graphic designer and digital media consultant. He typically has three to four short contracts going at any one time, pulling in an average of $130,000 per year.

Brandon typically works remotely for these projects, and his clients require General Liability ($1 million limit) and Professional Liability ($2 million limit). Brandon can select the coverage and limits he needs, select the desired policy length (e.g. three months) and purchase the policies online.

Brandon is just one of many independent contractors required to purchase these standard business requirements to fulfill contractual requirements. By purchasing the usage-based insurance, Brandon can instantly obtain the coverage he needs for the amount of time his project runs.

Bunker - Insurance for freelancers

Tools and Tips for Streamlining Your Insurance Quote

Before you fill out an application for business insurance, make sure you have the below ready to make the process easier and get your quote faster.

  • Know your estimated annual revenue and what your payroll will be. Even if you are a sole entity, have an estimate of what your annual take home pay will be.
  • Know your entity type and have your documentation ready. Is your business a LLC, Corporation, etc?
  • Have your tax identification number
  • For more complicated insurance requirements, it is helpful to have a copy of your contract and/or a copy of your Statement of Work. This informs the insurance advisor about your role and what risks you might be exposed to.
  • Having an updated resume is helpful to detail what your business does and keeps you on track so you can find your next gig.

Always remember- the more information you provide the more expedited the process of obtaining insurance will be easier.

Got a contract you need insurance cover for? Click here to get started.




Bunker's mission is to simplify commercial insurance purchase, management, and sharing for small businesses. Bunker builds unique insurance products that give independent contractors unheard of terms and coverages so they can save money and rest easy knowing everyone is compliant!

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