Business Insurance for Stockbrokers

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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 icon

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.

BEST FOR
  • Slip-and-fall accidents
  • Damaged customer property
  • Libel or slander lawsuits
Professional liability insurance icon

Professional liability insurance

Stockbroker professional liability insurance, sometimes called errors and omissions insurance, can cover legal fees related to work mistakes and oversights.

BEST FOR
  • Work mistakes or oversights
  • Lawsuits alleging negligence
  • Accusations of mismanagement of funds
Cyber liability insurance icon

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 icon

Workers’ compensation insurance

Workers’ compensation insurance is required in almost every state for stockbroker businesses that have employees. It can cover medical bills for work-related injuries.

BEST FOR
  • Employee medical expenses
  • Missed wages
  • Legal costs
Looking for different coverage? See more policies.

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
"I was confused about what type of coverage I needed and Holly was extremely helpful. Way more helpful than I had experienced with other companies. I got the exact coverage I needed!"
Jessica Shannon
Customer since 2016
Insureon customer reviews on Feefo

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.
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