How much does professional liability insurance cost?

A RC pro contract covers damage caused by the entrepreneur, but also by:

• employees ;
• trainees;
• the trainees, ;
• business activity;
• the locals, the residents ;
• professional equipment owned or rented by the company;
• The subcontractors.

It is therefore an essential insurance, often included in a more comprehensive professional multi-risk insurance covering risks such as:

• fire and explosion;
• water damage;
• glass breakage;
• theft and vandalism;
• major climatic events (storm, floods, snow, etc.)

Price of professional liability insurance

The amount of the professional liability insurance premium depends on several factors:

• guarantees included: civil operating liability, guarantee after delivery, etc.
• the options chosen to enhance the quality of coverage, such as legal protection;
• the turnover: the higher it is, the more the RC pro contribution is also;
• the company’s workforce: the risk is proportional to the number of employees. Logically, a company with 5 employees will pay less than a larger structure;
• the sector of activity: the level of risk influences the price of the RC pro. A construction company, for example, will pay more than a consulting company;
• compensation ceilings: better reimbursements impact the price of the contribution;
• deductibles: that is, the amount that will remain at your expense. The level of deductible affects the amount of the contribution. A cheap formula often hides important deductibles. Do your calculations!
• exclusions of guarantees;
• the insurance company: the price of professional liability insurance is freely set. Hence the interest in requesting RC PRO insurance quotes to obtain the best rate;
• the amounts covered: if you want to be covered for significant losses, you will have to pay more.

Here is a table of prices for professional liability insurance for a business:

Self-employed professional civil insurance: what price?

The prices of a RC pro micro-company differ according to the same criteria as a traditional company. However, since the majority of auto-entrepreneurs work alone, the insurance premium will be significantly cheaper on arrival.

The first tip for saving money is to take professional rc insurance that meets the needs of your business, no more and no less. Study the terms and conditions of the offer carefully to understand what is included in the contract. Sometimes insurers try to get you to buy coverage that you will never use. Be careful !

The best is to use the services of a broker who can offer you offers corresponding to your sector. There are indeed several types of professional liability insurance which take into account the specificities of each field of activity.

According to insurers, you will be able to join a RC pro :

• trader;
• artisan ;
• hotel Café Restaurant Caterer;
• auto entrepreneur ;
• maker ;
• building professional;
• tourism, leisure;
• associations ;
• medical and paramedical professions;
• etc.

Another way to pay less for your RC pro premium is to request free professional insurance quotes from an online comparator. Indeed, the cost of RCP guarantees vary greatly from one company to another. A comparator will allow you to obtain several prices in the blink of an eye.
You save time and money. In addition, you can sign your contract electronically and receive your rc pro certificate within minutes.

Of course, you can also go around the insurers individually to find out their rates. However, you will have to complete questionnaires at each of them, which will waste a lot of time.

Finally, don’t just rely on price. Cheap professional liability insurance can turn out to be of poor quality and may not protect you sufficiently if something goes wrong. Result? You would have to bear a large part of the compensation, which could be catastrophic for your professional activity.

Is RC pro insurance compulsory?

Professional liability insurance is not compulsory, except for so-called “regulated” professions (medical professions, real estate agents, architects, accountants, taxis, legal professionals).

But as you know, no professional activity is immune to risk. It is therefore recommended to be covered, regardless of the legal status: SAS, SASU, EURL, micro-enterprise, etc. In the absence of insurance, the entrepreneur is responsible for repairing the financial damage himself, with, the key, a big hole in the treasury.

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