Human and Social Services Business Insurance
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How much does insurance cost for human and social services organizations?

The services you provide and other factors affect the cost of human and social services business insurance. Cost estimates are sourced from policies purchased by Insureon customers.

General liability insurance icon

General liability insurance costs for human and social services

Human and social services organizations pay a median premium of $42 per month, or $500 per year, for general liability insurance. This policy provides financial protection for client injuries and property damage, along with advertising injuries.

Insureon’s agents typically recommend a business owner’s policy for organizations that need property protection. A BOP bundles general liability and commercial property insurance at a discounted cost.

Professional liability insurance can also be added to general liability insurance or a BOP at a lower rate than purchasing the policies separately.

Industry risks affect general liability insurance costs

Among human and social services organizations that purchase general liability with Insureon, 46% pay less than $400 per year and 74% pay less than $800 per year.

Organizations at higher risk of third-party injury or property damage, such as a large daycare center, will pay more for general liability than low-risk organizations like an after-school book club.

Cost of general liability insurance for human and social services organizations.

Common general liability limits for human and social services

Policy limits determine how much your insurer will pay on covered claims. The per-occurrence limit is the maximum your insurer will pay for a single incident, while the aggregate limit is the maximum your insurer will pay on any claims during your policy period, typically one year. Higher limits cost more – and provide better coverage.

Most human and social services organizations (86%) choose general liability policies with a $1 million per-occurrence limit and a $2 million aggregate limit. As your small organization grows, you may need to buy more coverage.

Learn how to save money on your policy, which coverage limits to choose, and more on Insureon's general liability insurance cost analysis page.

Business owner’s policy icon

Business owner’s policy costs for human and social services

Human and social services organizations pay a median premium of less than $120 per month or $1,400 per year for a business owner’s policy. A BOP bundles general liability insurance with commercial property insurance, usually at a discount.

The cost of a BOP is driven by the amount of property coverage that your business needs. For instance, daycare centers tend to have more property to insure, which translates into a higher premium.

You can also combine this policy with professional liability insurance for additional savings and more complete coverage.

The cost of a BOP depends on your business property value

Among human and social services organizations that purchase a business owner’s policy with Insureon, 40% pay less than $1,000 per year and 67% pay less than $2,000 per year.

Organizations that need more property coverage will pay more for a business owner's policy. For example, a nursing home with state-of-the-art medical equipment will pay more for a BOP than a senior center that offers crafts and games.

Cost of a business owner's policy for human and social services organizations.

Learn how to save money on your policy, which coverage limits to choose, and more on Insureon's business owner's policy cost analysis page.

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Professional liability insurance icon

Professional liability insurance costs for human and social services

Human and social services professionals pay a median premium of $56 per month, or $670 per year, for professional liability insurance. Also known as errors and omissions insurance or malpractice insurance, this policy covers legal costs related to alleged mistakes or negligence.

The cost of this policy depends on the services you provide and other key operations factors. Daycare centers pay a median premium of about $1,000, while social workers pay a median premium of $585.

It's common for human and social services organizations to add professional liability to their general liability or business owner's policy for additional savings and protection.

The cost of professional liability depends on your level of risk

Among human and social services organizations that purchase professional liability insurance with Insureon, 33% pay less than $500 per year and 86% pay less than $1,000 per year.

Organizations with a high risk of being sued over mistakes and oversights will pay more for this policy.

Cost of professional liability insurance for human and social services organizations.

Learn how to save money on your policy, which coverage limits to choose, and more on Insureon's professional liability insurance cost analysis page.

Directors and officers insurance icon

Directors and officers insurance costs for human and social services

The median premium for directors and officers insurance (D&O) for human and social services is $71 per month, or $854 annually. This policy can protect your organization’s directors and officers from lawsuits related to misused funds, failure to comply with regulations, or failure to perform official duties.

D&O policy limits for human and social services organizations

Most human and social services organizations choose D&O policies with a $1 million per-occurrence limit.

Learn how to save money on your policy, which coverage limits to choose, and more on Insureon's directors and officers insurance cost analysis page.

Workers’ compensation insurance icon

Workers’ compensation insurance costs for human and social services

To meet your state’s requirements and avoid penalties, human and social services businesses with employees typically must purchase workers’ compensation insurance. This policy helps cover medical expenses and partial lost wages when an employee suffers a work-related injury or illness.

The median premium for workers' comp is $133 per month or $1,598 per year for human and social services organizations.

The size of your workforce impacts workers' comp costs

Among human and social services organizations that purchase workers’ compensation insurance with Insureon, 30% pay less than $1,000 per year and another 27% pay between $1,000 and $2,000 per year.

The cost of this policy depends on how many employees you have and their occupational risk, among other factors.

Cost of workers' compensation insurance for human and social services organizations.

Learn how workers' comp premiums are calculated and more on Insureon's workers' compensation insurance cost analysis page.

Compare quotes and get expert advice with Insureon

Insureon’s human and social services business insurance agents work with top-rated U.S. carriers to find affordable coverage that fits your business. Apply today to compare multiple quotes with one free online application. Work with an account manager specializing in the unique risks of daycare centers, afterschool-youth programs, and nursing homes.

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