It’s a risky world out there. That’s good news for you. It means more clients come to you for protection. Keeping you busy and your business booming.
The bad news is, it also means more risk for you. Each account you add, increases the odds of a claim being made against you.
No-one knows the power of a policy better than you. So get your own risk managed. Give your business the same protection you offer your clients with insurance for insurance agents.
Clients pay you for your advice and service. That makes you a professional. And as a professional you can be sued for negligence, even if you did nothing wrong.
You know this. You tell your clients all the time.
So why not take your own advice? Protect your business with errors and omissions insurance for insurance agents.
Then if a client claims you made a mistake, E&O insurance can cover your legal costs and damages, too, if you’re liable. Even if a claim is groundless.
Errors and omissions insurance for insurance agents protects your work, your bank balance and your reputation. Because why would you risk that?
Also known as professional liability for insurance agents, E&O can pay your legal costs and damages for:
Our errors and omissions policies start at $270. But, typically, for a $1m coverage limit you’re looking at an annual premium starting at $400.
You don’t have to pay all at once, though. You can spread the cost over monthly installments. Just choose the payment option that works best for you.
You know accidents happen. People do or say bad things. And sometimes, it’s not you; it’s them.
And when clients visit with you, or you visit at their offices, the risk of slip and fall claims increases big-time.
If you damage someone’s property, or someone gets hurt and sues you, general liability for insurance agents takes care of medical expenses, your legal defense and compensation. Even if a claim is groundless.
So long as the claim’s filed in the United States, its territories, or Canada, general liability insurance covers claims for:
When a claim’s filed against your business, there are often hidden costs involved. Your general liability policy takes care of these, too. Including up to $250 a day for loss of earnings.
Claims take their toll. On your time, as well as your money. Having the right insurance means your firm’s finances are protected. So you can get on with running it.
Our general liability policies start at around $350.
But as you know, the cost of your coverage will be affected by things like your business’s size, its location, and the limits and deductibles you select.
Whatever the cost, there’s a package to suit your particular business needs. And payment options, too, so you can spread the cost to fit your budget.
But as for what level of cover you want, you'll need to decide what's best for you.
It's always best to over-estimate. Lawyers' fees, compensation and court costs can go through the roof. So, imagine the worst-case scenario. Then pick a figure you can realistically afford.
Business personal property insurance (BPP)
If you take equipment like laptops and mobiles to meetings, this policy is worth having. It also covers the portable stuff in your office - from your furniture to your potted plants.More info
Business owner's policy (BOP)
Comes with general liability, property, and business equipment insurance as standard. Plus, a range of optional add-ons, including coverage for:
Cyber liability insurance
If you use email, own a website, or store client data, cyber insurance is a must. It can’t stop a cyber-attack, but it can pay your recovery costs so your business survives from one.More info
Workers' compensation insurance
Most states require you to have this policy even if you only have one employee. It’s good to have anyway. It protects your business from the cost of workplace illness and injury claims which can be crippling.More info
Because we understand every insurance agency is different, we'll build an insurance package to suit your needs. In minutes.
To build the right insurance package for you call one of our licensed advisors today on 978.344.4215.
The easiest way you can build your business is through a direct appointment with a top-rated insurance carrier. Problem is, they usually want to tie you into long-term contracts and sales quotas.
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It's simple to sign up and it costs you nothing. What's more, you don't need an appointment with Hiscox because we pay your commission. But that's not all. You'll have no post-bind work to do - Hiscox handles all the servicing and billing for you.
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