Business Insurance for Stockbrokers

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Stockbrokers

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Save money by comparing insurance quotes for stockbrokers

A financial miscalculation or a claim of stockbroker fraud could damage business profits along with your reputation. Protect your business with stockbroker liability insurance and more.

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One application, multiple quotes

Insureon helps stockbrokers compare insurance quotes from top U.S. carriers online. Get several quotes with one application.

What types of insurance policies do stockbrokers need?

These policies provide coverage for the most common stockbroker risks.

General liability insurance

This policy covers basic stockbroker risks, such as customer property damage and injuries. Bundle with property insurance for savings in a business owner’s policy (BOP).

BEST FOR

Slip-and-fall accidents
Damaged customer property
Libel or slander lawsuits

Professional liability insurance

Stockbroker professional liability insurance, sometimes called errors and omissions insurance (E&O), can cover legal fees related to mistakes and oversights.

BEST FOR

Work mistakes or oversights
Lawsuits alleging negligence
Accusations of mismanagement of funds

Cyber liability insurance

This policy helps securities brokers and dealers survive data breaches and cyberattacks. It can help pay for recovery expenses, client notification costs, and more.

BEST FOR

Data breach lawsuits
Client notification expenses
Fraud monitoring costs

Workers’ compensation insurance

Most states require workers' comp for stockbroker businesses that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.

BEST FOR

Employee medical expenses
Missed wages
Legal costs

Looking for different coverage? See more policies.

Why do stockbrokers need insurance?

Securities brokers and dealers understand the importance of caution when it comes to client success. The same should go for your own liability, including lawsuits related to alleged financial fraud, mismanagement, and more. Fortunately, you can cover your biggest risks with stockbroker insurance, which helps pay for legal expenses, medical bills, and more.

How much does insurance cost for finance and accounting professionals?

Finance professional working on a calculator.

Several factors will have an impact on insurance costs, including:

Accounting and finance services offered
Business equipment and property
Revenue
Location
Number of employees

View Costs

What our customers are saying

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