Consultants provide professional advice. Whether you’re a IT consultant, independent or freelance consultant, you could have legal challenges. You could face accusations of negligence or be found liable for damages. When this happens, a standard business policy may not be enough. You need consultants liability insurance coverage.
At Thinkinsure, we can help you get business insurance for consultants in all industries. Our insurance experts will help you find a policy that protects your business.
Consultants make errors in judgement and mistakes from time to time. Most are minor but others can cause a loss or damage to a client. Insurance for consultants protects you against the risks of providing advice. Get coverage for claims of errors, negligence, third party damages, and more.
Getting insurance for your consulting business is quick and easy. Simply answer a few questions about your business and policy needs. We use this information to compare quotes and coverage :
Tell us a bit about the type of consulting you do and you coverage needs.
We’ll compare rates and coverage from the top insurers.
We'll help you select the best rate and coverage for your consulting business needs.
Consultant insurance is for any professional who offers advice to other businesses and clients. This includes companies of all sizes from many different industries.
Consultants can require a variety of different types of coverage. Specific coverage requirements depend on your business type and operations. In other words, the type of services you offer and how you offer them to your customers. Some of the most common include :
These types of coverage will help protect you against claims of negligence, slander, defamation, and other labilities.
Consultant insurance costs can be as unique as your consulting practice. They can range from a few hundred to more than a thousand dollars annually. Important factors to consider are :
Speak with our insurance experts to get an accurate consultant insurance quote. We’ll make sure you get the best rates and coverage.
Having consultant insurance ensures you have the right coverage to reduce financial risk to your company. Advantages include :
You never know when accusations of errors and negligence could be make against you. They don’t have to be true to cost you. Consultants insurance provides you with protection against these types of accusations. It reduces financial risk for your business.
Our insurance experts work with you to find the right policy for your consulting business. We’ll ensure you get the best coverage at affordable rates.
Here are some additional questions about consultant insurance policies and coverage :
All businesses need insurance, including consultants. Even if you are a freelancer or independent consultant, insurance is highly recommended. If you offer consultancy services, you are subject to liability claims. Insurance will protect you from these claims.
Consultant insurance requirements vary by industry and regional regulations. Some industry professionals are required to have insurance. Even if it’s not a requirement, it provides you with an important form of protection. Your customers have a legal right to file claims against for your mistakes and errors. Insurance protects you in these instances.
Consulting businesses share many of the same risks and liabilities as other companies. If you use a vehicle, you need business vehicle coverage. If you have an office, you’ll need property coverage. You’ll also need liability coverage. Speak with our insurance experts to identify the specific coverage you need to protect your business.
Yes. This coverage protects you in case you make mistakes and errors when doing business. All it takes is one mistake to put your business at risk. Indemnity insurance financially protects your business.
Yes. Consultants need a minimum of a commercial general liability insurance policy. You may need additional coverage depending on your business type and industry.
