When confronted with this question the first time, my immediate reaction was, “Why not? We’re “normal” workers after all.”
But many bloggers may not have the luxury of paying high premium rates for insurance. Then there’s the fact that there are many different kinds of insurance coverages that it’s practically impossible to pay for them all.
Another reason that some bloggers raise the question of needing insurance is that we are not exposed to the same risks regular employees have. We don’t have to go to a workplace which may be potentially hazardous, and thus need personal injury coverage. But is this true?
Let’s look at some points about blogger insurance and the need (or lack thereof) and see what conclusion we come up with.
As a matter of fact, personal injury lawyers like Ben Wright highlight the fact that personal injury is not limited to a company workplace. Even if you work at home, you can make a claim for personal injury. Working home doesn’t mean you’re immune to accidents – far from it. In case this happens, having insurance to cover your injuries will protect you.
Perhaps one of the biggest arguments for getting blogger insurance is being prone to liability cases. These cover a lot of ground – from libel to copyright infringement. As a blogger, you are responsible for what you publish; and since you publish your work to the public, whatever you write can be used against you.
Your blogging business can be a target of the abovementioned cases, and while you may consider yourself to be small fish compared to the bigger online publishers, you don’t want the risk of facing a case involving large sums.
In fact, the Online Journalism Review brought up the topic of the need for libel insurance for online publishers, stating:
As the Internet has flourished in recent years, online publishers of all types have found themselves the target of litigation. All of the standard liabilities that plague offline publishers have migrated to the online world, including claims for libel, invasion of privacy and infringement of intellectual property. Everyone publishing online — from mega publishers like Dow, Jones & Company, to small online publishers like Gizmodo.com, to bloggers and freelancers — is at risk.
Another important type of insurance is health insurance. Everyone – bloggers and employees alike – is not immune to illness. In fact, we’ve known bloggers to face humongous medical bills, taking out loans with years of repayment, simply because they didn’t have health insurance. That in itself should be enough to convince anyone of the need for this type of coverage.
Given the points above, do you think bloggers should have insurance or not? Perhaps you may have qualms about spending the money on premiums when you can be putting it directly into the business. But if you make a deeper analysis – on top of the earlier arguments and examples – taking out insurance for yourself and your dependents can be a financial bonus if you’re running a sole proprietorship blogging business. How so? The cost of health insurance is tax deductible!
So where does all this leave us? We do believe that we’ve given ample reasons for bloggers to have insurance. What’s your take?