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These policies provide coverage for the most common risks of staffing agencies.
Fidelity bonds compensate IT staffing agencies and their clients if an employee takes property, money, or data from either business without permission.
Workers’ compensation insurance is required in almost every state for IT staffing businesses with employees. It can cover medical fees and lost wages for work-related injuries.
This policy covers the cost of accidents that involve company cars belonging to IT staffing agencies, as well as damage to the cars from theft or vandalism.
Several factors will have an impact on insurance costs, including:
No matter how careful you are, you can’t control the actions of your staff and clients. Temp agency insurance protects against unpredictable expenses and lawsuits related to staffing errors, client disputes about temp workers, and other risks that could put a small IT staffing agency out of business.