Facebook iconTwitter iconLinkedIn iconEmail icon

IT consultant insurance in Georgia

Learn about business insurance requirements and the most common policies for IT consultants in Georgia.

Which policies are required for an IT consultant in Georgia?

If you have a commercial lease, your property manager may require you to purchase general liability insurance. Commonly purchased by IT consultants in Georgia, general liability insurance can protect your business from expenses associated with common mishaps, such as client property damage and injuries.

Your clients may require errors and omissions insurance in a contract. Also called professional liability insurance, errors and omissions insurance provides financial protection if a client files a lawsuit claiming your work caused financial harm because it was late, erroneous, or incomplete.

State law in Georgia requires every small business with three or more employees to provide workers’ compensation coverage, and business-owned vehicles must be covered by commercial auto insurance. Personal vehicles used for business purposes should have commercial coverage, as well.

Compare IT consultant insurance quotes from top U.S. carriers

What are the most common policies for a Georgia IT consultant?

The most common policies for IT consultants in Georgia vary depending on revenue, client contracts, partnerships, and other factors.

General liability insurance icon

General liability insurance

General liability insurance is the foundation of an IT consultant’s business protection, with coverage that extends to client injuries, client property damage, and advertising injuries. Most commercial leases require you to have this coverage.

Business owner’s policy icon

Business owner's policy (BOP)

IT consultants often qualify for a business owner’s policy. This package helps your business save money by bundling commercial property insurance with general liability at an affordable rate.

Errors and omissions insurance icon

Errors and omissions insurance (E&O)

Many clients require proof of technology errors and omissions insurance before entering into contracts for professional services. This policy, also called professional liability insurance or IT consultant liability insurance, can help cover legal expenses if you’re sued for unsatisfactory performance or a work mistake.

Cyber liability insurance icon

Cyber liability insurance

Cyber liability insurance can help IT consultants survive data breaches and cyberattacks experienced by your company or a client whose systems you are responsible for protecting. Many professional liability policies include this coverage, but check with your licensed Insureon agent to make sure.

Fidelity bond icon

Fidelity bonds

Clients in banking or financial services often require IT consultants to carry a fidelity bond. Also called an employee dishonesty bond, it provides coverage when an employee steals money, equipment, or other assets from one of your clients. That includes theft by electronic funds transfer.

Workers’ compensation insurance icon

Georgia workers' compensation

If you own an IT consulting business in Georgia, you are required to carry workers’ compensation coverage if you have three or more employees. If you are a sole proprietor or have less than three employees, the coverage is optional. However, if you break your arm while tripping down the stairs at a client’s office, or develop carpal tunnel syndrome after years of working on a computer, you can turn to your workers’ comp policy to help pay your medical bills and lost wages.

Commercial auto insurance icon

Commercial auto insurance

Personal auto insurance policies typically exclude business use, which means you could end up paying for an auto accident if it happens on a work errand with your personal vehicle. Commercial auto insurance is required for vehicles owned by IT consulting companies. Hired and non-owned auto insurance covers personal vehicles used for business purposes.

What do IT consultants in Georgia pay for insurance?

According to an analysis of Insureon applications, IT consultants in Georgia can typically expect to pay roughly the same as the national median for business insurance, according to an analysis of Insureon applications. Georgia-based IT consultants can expect to pay a median premium of $425 annually for general liability insurance, which is $75 less than the national median.
Median insurance costs for Georgia IT consultants.

Save time and money with Insureon

Insureon’s industry-leading technology helps IT consultants in Georgia save time and money shopping for insurance by comparing policies from top U.S. carriers. Start a free online application to review quotes for the policies that best fit your business needs. Our insurance agents are licensed in Georgia and can answer your questions as you consider coverage.

To make the application go quicker, have this information ready:

  • Workforce details, such as the number and types of employees
  • Current and projected revenue
  • Business partnerships
  • Insurance history and prior claims
  • Commercial lease insurance requirements

Apply for free IT consultant insurance quotes today.

Compare insurance quotes for IT consultants
Save money by comparing insurance quotes from multiple carriers.
Learn More
Business insurance requirements in Georgia Common questions about certificates of liability insurance 5 risk management tips for IT businesses How to find clients if you’re an IT freelancer How subcontractor agreements protect your IT business
Topics
Georgia
Information technology
IT consultants