Fractional Insurance for 1099 Contractors | 1099Policy
Fractional Insurance
Enroll once. Covered instantly, every assignment after.
Contractors enroll once, in under a minute. After that, every assignment they take is covered instantly, priced against their actual pay, never an annual estimate. It all runs through one API call.
Multi-state, per-assignment rates
Each assignment routes to the correct WC class code by work_state. Multi-state contractors get the right rate per assignment, scaled to the pay for that work.
Premium scales to gross pay
WC, GL, Professional Liability, and Cyber are priced as a rate against the contractor's gross pay on each assignment. Media Liability is the exception, billed per shoot day, since production liability tracks the schedule, not contractor pay.
Per-engagement COI
Blanket additional insured added at bind time, the default on every COI, not a manual per-project add-on. The customer-of-record gets a COI in their name before the work begins.
Step 1: Enroll once
Contractors enroll in under a minute.
We host the application at apply.1099policy.com. The contractor gets the URL, verifies their information, reviews the quote, and accepts. Three screens, no insurance jargon, no broker portal.
Step 2: Every assignment after
Then coverage is instant.
We host the application at apply.1099policy.com. The contractor gets the URL, verifies their information, reviews the quote, and e-signs the coverage documents. No agent to call, no waiting on a quote.
Coverage Windows
Windows that match the work.
Coverage starts when the job starts and ends when it ends, whether that's a film shoot, a live event, or a signed statement of work. The effective_date and end_date track the actual engagement, not the calendar.
An annual policy charges a full year of premium even when the contractor works only a handful of days. Fractional charges premium scaled to actual pay on each assignment. Media liability is the one exception. It's billed by the day with a 30-day minimum, because that risk tracks how long you're covered, not what you earn on any one job.
Fractional pricing
Per assignment, not per year.
An annual policy charges $4,200 regardless of work volume. Fractional charges $14.20, about 5.3% of the contractor's gross pay for this assignment, scaled to the right WC class code and state.
Example
- Annual policy: $4,200
- This assignment: $14.20
- WC + GL: 5.3% of $268
- Contractor unblocked the moment coverage activates
Audit trail
Audit-ready by default.
Every bind, every COI, every premium calc archived indefinitely. When the carrier audit lands, the production accountant pulls a defense file in one click. It shows every assignment, contractor, state, and dollar of gross pay it was scaled against.
Example
- Audit log, WC class 9410, PA
- as_8f3c M. Rivera Jun 6✓
- as_8f3d D. Carter Jun 6✓
- as_8f3e A. Patel Jun 6✓
- as_8f3f L. Nguyen Jun 6✓
All bound, COIs archived, pass
Trusted by
The teams that staff, dispatch, and pay contractors.
FAQs
Do contractors have to re-apply for every assignment?
No. A contractor enrolls once, then every assignment they take can bind through the Assignments API without another form or application.
How does premium reconciliation work?
Premium is rated against the contractor's gross pay for the assignment. When the assignment closes, the record reconciles against actual pay instead of an annual estimate.
How is Media Liability priced differently?
Media Liability follows the production schedule, so it is priced per shoot day. Other supported lines remain pay-based.
What happens if an assignment is cancelled?
If cancellation happens before the effective date, the assignment voids and no premium is charged. After the effective date, partial premium can apply based on the work performed.
What does the COI look like?
It is a standard ACORD certificate with the contractor as named insured, the customer-of-record as additional insured, and a coverage window that matches the assignment.
An uncovered contractor is your exposure. Every assignment covered the moment work starts.
Read the API docs, run the sandbox, or book a 15-minute walkthrough with a sales engineer.