Business Insurance for Management Consultants

General liability insurance covers common management consultant risks, such as third-party bodily injury or property damage. Bundle with property insurance for savings in a BOP.

This liability policy, also called errors and omissions insurance, can help cover legal expenses if a business consultant is sued over an error or poor results.

This insurance policy is required in almost every state for management consulting firms that have employees. It can cover medical costs for work 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.

Fidelity bonds, also called employee dishonesty bonds, provide reimbursement if one of your employees steals from a client. They are often required by client contracts.

This insurance coverage helps consulting companies survive data breaches and cyberattacks. It can pay for notifying affected clients, legal defense costs, and more.