Insurance For Business Consultants
Business consultants are one of the most common types of consultants that we work with, which means that we have great options for business insurance for business consultants. From professional liability to general liability and everything in between, we have business consultants covered. Our coverage options for business insurance for consultants are currently available in Alabama, Arizona, Arkansas, California, Colorado, Delaware, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington.
Professional Liability Insurance – Errors and Omissions Insurance (E&O)
The most important type of business insurance that a business consultant needs in order to protect themselves is professional liability insurance, which can also be called errors and omissions insurance or E&O. Professional liability insurance for business consultants is designed to protect against claims from clients, such as being accused of providing the client with bad advice that then lead to the client taking a financial loss. Whether or not a mistake or error has actually occurred, professional liability insurance can help cover the costs of hiring attorneys and other legal fees.
General Liability Insurance
General liability insurance can be important to business consultants who actually meet with clients or from time to time work at a client’s site. General liability most commonly is meant to cover claims of property damage or bodily injury to a third party such as a client, but many policies also offer other coverages. Personal and advertising injury coverage when included in a general liability policy may help to protect a business consultant against claims such as liable, slander and false or misleading advertising. Many business consultants carry general liability insurance in order to satisfy contractual requirements with a client or landlord.
Other Business Insurance Coverages
There are many other types of business insurance for business consultants, the more common of which are workers comp, commercial auto, cyber liability and commercial crime insurance. Contact us today with any questions about which type of business insurance is right for your business.