If a temporary worker alleges they were paid unfairly, or placed in a hazardous workplace, the result could be a lawsuit. Business insurance can help pay for costly legal fees, settlements, medical expenses, and property repairs that could devastate a small employment agency.
These insurance policies cover common risks in the staffing industry.
A BOP bundles commercial property insurance and general liability coverage in one plan. It's often the most cost-effective commercial insurance for an employment agency.
A general liability policy provides financial protection against third-party risks, such as a client who trips on a broken step at a temporary staffing firm and suffers a concussion.
This policy helps cover legal defense costs if a temporary employee sues your agency for negligence or a mistake. It's sometimes referred to as errors and omissions insurance (E&O).
Most states require workers' comp for staffing companies that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
Commercial auto insurance covers financial losses when an employment agency's vehicle is involved in an accident. State laws usually require this coverage for business vehicles.
This policy helps employment agencies recover from data breaches. It's recommended for any small business that handles Social Security numbers or other personal information.
It's easy to get business insurance for your employment agency, IT staffing agency, or medical staffing agency 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 for your employment agency, whether you work independently or hire employees.