You excel at gathering and analyzing data to give your clients an advantage, but an inaccurate projection or other error could lead to a damaging lawsuit. Business insurance for market research analysts provides financial protection against lawsuits, injuries, and other costly incidents.
These insurance policies cover the most common risks of market research.
A general liability policy covers basic third-party risks, such as a client who trips and suffers an injury in a market researcher’s office. It’s often required for a commercial lease.
This policy helps cover legal expenses if a market research analyst is sued for unsatisfactory work, such as negligent research. It’s also called errors and omissions insurance (E&O).
Most states require workers’ comp for market research businesses that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
A business owner’s policy, or BOP, combines general liability coverage 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 policy helps market research analysts survive data breaches and cyberattacks. It’s strongly recommended for small businesses that handle sensitive data.
It's easy to get market research analyst insurance or research consultant insurance if you have your company information on hand. Our application will ask for basic facts about your business, such as revenue and number of employees. You can buy a policy online and get a certificate of insurance with Insureon in three easy steps:
Insureon's licensed insurance agents work with top-rated U.S. providers to find the right insurance coverage and fidelity bonds for your market research business, whether you work independently or hire employees.