What is Pay-As-You-Go liability insurance?
With Pay-As-You-Go, you are insured on a per contract or per day basis. You only buy or pay for insurance when you are working. When you apply for an insurance policy, you’ll be provided with a quote either based on a specific contract. You pay for the days you work, not for a full year.
In addition to only paying when you work, you also only pay for coverage for the services you are actually providing on a particular job. For example, if you are an electrician and you have a job to install some light fixtures of a site, you won’t have to pay for the higher coverage of a full rewiring job. Save money by only buying the coverage you actually need for a specific job.
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