Freelancers working from home may underestimate their need for cyber insurance, viewing it as a concern for larger corporations. However, a single hacked email or stolen laptop can lead to significant financial losses, damaged client relationships, and extensive recovery efforts. Confidential data, including contracts, financial details, and client credentials, often resides on a freelancer's devices, making them vulnerable to impersonation, fraudulent payment requests, and data breaches. Common threats include phishing emails, compromised Wi-Fi, and reused passwords, highlighting the potential for disruption beyond monetary cost.