A professional mistake that costs a client money might land you in court. Business insurance for recruiters helps cover legal fees and other expenses.
These policies provide coverage for the most common recruiting risks.
A business owner's policy, or BOP, is a cost-effective way for recruitment agencies to buy general liability coverage and commercial property insurance together.
This policy covers basic business risks, such as a client tripping on the front step of your agency. Bundle it with commercial property insurance for savings in a business owner’s policy.
A professional liability policy, also called errors and omissions insurance (E&O), can help cover legal expenses if a headhunter is sued for unsatisfactory work.
Most states require workers' comp for recruiting 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 recruitment agency's vehicle is involved in an accident. It's required for vehicles registered to a business.
This policy helps freelance recruiters and other recruiting professionals survive data breaches and cyberattacks by paying for customer notification costs and other expenses.
Businesses rely on you to find candidates with the right blend of skills and experience. Because your work affects individual careers and broader business outcomes, the stakes are high. In the event of a lawsuit, headhunter insurance can help mitigate legal expenses and other financial losses.