Consultants face numerous risks that could lead to financial losses. Insureon has helped consultants secure 12,000 policies to protect their businesses.
This policy covers basic consulting business risks, such as customer property damage and injuries. Bundle with property insurance for savings in a business owner’s policy.
This policy is also called errors and omissions insurance. It covers legal expenses if a client sues a consultant over unsatisfactory work, errors, or a disagreement.
Workers’ compensation insurance is required in almost every state for consulting businesses that have employees. It can cover medical costs for work-related injuries.
A business owner’s policy, or BOP, combines general liability insurance with commercial property insurance, typically at a lower rate than if the policies were purchased separately.