From a public speaker accused of slander to a career coach sued for negligence, a lawsuit can devastate a small business. Gain protection against legal expenses, medical bills, and costly repairs with insurance for professional services.
A BOP is a type of professional services insurance that bundles general liability coverage and commercial property insurance at a lower rate than if they were purchased separately.
This policy covers basic business risks, such as client property damage and injuries. Bundle it with commercial property insurance for savings in a business owner’s policy.
This policy is also called errors and omissions insurance (E&O). It covers legal expenses if a public speaker or other professional is sued for unsatisfactory work or a mistake.
Most states require workers' comp for professional service businesses that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
Commercial auto insurance covers financial losses when a professional services vehicle is involved in an accident. It's required for vehicles registered to a business.
This policy helps businesses recover from cyberattacks and data breaches. It's strongly recommended for medical billing companies and other businesses that handle sensitive information.