Single-Member LLC Insurance

Being a solo owner doesn't remove the risk

A single-member LLC is still a business with clients, contracts, and — depending on what it does — physical or professional risk. A freelance consultant can still be blamed for advice that didn't work out. A solo photographer can still be asked to leave a venue without proof of insurance. A one-person cleaning business can still damage a client's property. None of that changes because there's only one owner.

Common reasons solo LLC owners look into coverage

• • A client or platform requires a certificate of insurance before work can begin
• • You meet clients in person, at their location or yours
• • You provide professional advice, design work, consulting, or a specialized service
• • You use or transport expensive equipment
• • You're turning a side project into a full-time business and want to operate more formally

What coverage single-member LLCs commonly consider

There's no special "solo LLC" insurance category — the same coverage types apply, sized to your business. Many single-member LLCs start with general liability insurance, and add professional liability insurance if they provide advice or professional services. If you own equipment or work from a dedicated space, a business owner's policy may be worth comparing.

Getting a quote as a solo owner

The quoting process doesn't change based on how many owners your LLC has. You'll describe your business, answer a few underwriting questions, and review the options available. Many single-member LLCs are able to complete the process entirely online.