Business Insurance for Executive Coaches

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An allegation of professional negligence could be disastrous for an executive coach. Make sure that your small executive coaching business is covered with business insurance tailored for your unique risks.

One application, multiple quotes

Insureon helps executive coaches compare insurance quotes from top U.S. companies online. Get several quotes with one application.

What types of insurance do executive coaches need?

These policies provide coverage for the most common executive coaching risks.

Business owner’s policy

A BOP bundles property insurance and general liability insurance under one plan. It's often one of the most cost-effective types of business insurance for an executive coach.

BEST FOR

Customer injuries
Damaged business property
Business interruption incidents

Professional liability insurance

This policy, also called errors and omissions insurance, can help cover legal expenses if an executive coach is sued for a missed appointment or unsatisfactory work.

BEST FOR

Professional negligence lawsuits
Dissatisfied clients
Coaching mistakes or oversights

Workers’ compensation insurance

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

BEST FOR

Employee medical expenses
Missed wages
Employee injury lawsuits

General liability insurance

This policy covers common executive coaching risks, such as a trainee injury during a coaching session. 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

Looking for different coverage? See more policies.

How much does insurance cost for executive coaches?

Man in professional services calculating cost of insurance.

Several factors will have an impact on insurance costs, including:

Coaching services offered
Business equipment and property
Revenue
Location
Number of employees

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What our customers are saying

"Raynaldo made quick work of things. I told him what I needed, and ultimately I had a certificate of insurance in a matter of hours. Up to that point, I had spent hours going in circles with others."

Michael D.

Custom programmer

Why do business coaches need insurance?

As an executive coach, you’re in the business of helping companies get to the next level. If your advice is faulty, however, your client might sue in order to recoup losses. Fortunately, executive coaching insurance can help your small business survive lawsuits, client injuries, and more.

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