8 Ways Gig Workers Can Build Financial Stability

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Get Liability Insurance

Hit and run accident

Source: Peter Dazeley / Getty

When you work for a major company, you often enjoy many types of insurance provided by that company. However, when you are in the gig economy, it is a good idea to purchase your own liability insurance. This will cover third-party bodily injuries and property damages that occur during a gig. Not having this insurance can be financially devastating in the event of an accident. Gig workers like dog walkers, drivers and independent contractors, should seriously consider purchasing liability insurance.

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