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. Protect your business with stockbroker liability insurance.
These policies provide coverage for the most common stockbroker risks.
Stockbroker professional liability insurance, sometimes called errors and omissions (E&O) insurance, can cover legal fees related to mistakes and oversights.
This policy covers basic stockbroker risks, such as customer property damage and injuries. Bundle it with property insurance for savings in a business owner’s policy.
A business owner's policy, or BOP, is a cost-effective way for stockbrokers to purchase general liability coverage and commercial property insurance together.
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.
This policy helps securities brokers and dealers survive data breaches and cyberattacks. It can help pay for recovery expenses, client notification costs, and more.
Commercial auto insurance covers costs if a stockbroker's vehicle is involved in an accident. Most states require this coverage for vehicles owned by a business.
It's easy to get stockbroker liability insurance policies 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 stock brokerage firm, whether you work independently or hire employees.