A lawsuit from a client could significantly impact your employment agency. Business insurance protects against unexpected costs related to staffing errors, client disputes about temporary workers, and other risks that could put a small agency out of business.
These insurance policies cover common risks in the staffing industry.
Technology E&O, sometimes called professional liability insurance, can cover mistakes made by a temporary staffing agency. It's strongly recommended in the IT professional service industry.
This insurance coverage helps IT staffing firms survive data breaches and cyberattacks. It's recommended for any business that handles sensitive information.
A general liability policy covers basic staffing services risks, such as client injury at your office. Bundle with commercial property insurance for savings in a business owner’s policy (BOP).
Fidelity bonds compensate your clients if an employee or temporary employee steals from them. They may be required by client contracts.
Most states require workers' comp for IT staffing companies that have employees. It also protects sole proprietors from work-related healthcare costs.
Commercial auto insurance covers the cost of accidents involving business-owned vehicles. For personal cars used for business, you may need hired and non-owned auto liability insurance.
It's easy to get IT staffing business insurance or employment agency insurance if you have your company information on hand. Our insurance application will ask for basic facts about your agency, 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 agents work with top-rated U.S. insurers to find coverage that fits your IT staffing agency, whether you work independently or hire employees.