Business Consultant Insurance
- Cover your consulting risks with tailored liability insurance
- Satisfy client contract requirements affordably and easily
- Get your Certificate of Insurance (COI) instantly to start projects fast
4.8/5 on
Consultants can pay up to $500,000 defending professional liability claims without insurance.
We can help.
No sales pressure involved.
Why Do Business Consultants Need Insurance?
Even the greatest strategies come with risks. Insurance protects you from the legal and financial challenges that business consultants face daily — from disputes over advice to onsite medical emergencies. Our tailored insurance packages protect you from the potential financial and legal fallout of the industry’s most common claims.
If your advice leads to unexpected financial loss for a client
Professional liability insurance is designed to cover your defense costs.
If a client slips and falls during a meeting in your office
General liability coverage can pay for their medical expenses.
If your computer is hacked, exposing client data
Cyber liability insurance helps pay for recovery expenses!
If your laptop and cup of coffee collide
Tools & equipment coverage can replace ruined equipment or pay for repairs.
How Much Does Insurance for Business Consultants Cost?
Starting at just $21 a month, we offer one of the most competitive rates in the industry — because insurance is a need, not just a luxury. Your premium cost depends on the specifics of your practice, such as the types of coverage needed, the size of your business, claims history, and coverage limits. For top-notch, continuous protection, purchase an annual policy and save up to 14% on your premium costs.
What Does Business Consulting Insurance Include?
We recommend these must-have coverages for your business consultant insurance policy to cover all of your bases.
Included
Professional Liability Coverage
Also called Errors and Omissions (E&O) or Professional Indemnity insurance, a professional liability policy for business consultants covers legal expenses related to work performance, like misplaced advice or a missed deadline.
This coverage allows you to breathe freely while offering your expert advice, knowing you’re covered in the case of accidental professional errors, accusations of negligence, or failure to provide services.
We protect you when
- A strategic planning error leads a client to invest in an ill-advised expansion, resulting in financial loss
- Misinterpretation of market data leads to misguided recommendations
- An oversight in product management delays a client’s product launch
Best for
- Missteps in financial forecasting and business planning
- Errors in market analysis that lead to client financial loss
- Failure to anticipate/mitigate operational risks
General Liability Coverage
General liability coverage covers common business consulting concerns, such as third-party property damage and bodily injury. It can also cover legal expenses for customer property damage or injury and may be required for signing a commercial lease.
Business consultants don’t often work in high-risk environments, but that doesn’t mean you’re accident-immune.
An unstable chair could collapse underneath a client in your office, causing minor injuries. While conducting a strategy meeting at a client’s business, you could accidentally knock over an expensive piece of equipment, causing significant damage.
We protect you when
- A client trips over a projector cable in your office and sustains minor injuries
- While setting up at a business expo, your consulting team accidentally damages the venue’s flooring
- A consultant accidentally spills coffee on a client’s laptop
Best for
- Medical expenses
- Client property damage
- Libel & advertising injuries
Additional Insureds
Additional insured coverage for business consultants extends your policy’s coverage to other parties who could be held liable for claims related to your consulting business’s operations, like a landlord or event organizer.
Without this coverage, they could face significant financial risk and legal costs, which can strain professional relationships and lead to costly disputes.
We protect you when
- You’re invited to speak at a business conference and the event organizer asks you to add them as an additional insured
- You partner with another consulting firm on a large project — your coverage can be extended to them as an additional insured
Best for
- Office space renters
- Public speakers / workshop facilitators
- Client site visits
Add-Ons
Cyber Liability Coverage
Cyber liability coverage helps business consultants survive data breaches and cyberattacks. It can help pay for recovery expenses, client notification costs, and more.
Your clients rely on you to monitor their business operations. This leaves your consulting firm tasked with housing and protecting sensitive information in a digital landscape where no business is immune from cyber attacks, ransomware, and more.
We protect you when
- A ransomware attack encrypts your firm’s client records, demanding payment for access
- A hacker breaches your firm’s database and exposes sensitive client information
- Malware corrupts your firm’s systems, corrupting financial data and key files
Best for
- Data breaches involving client financial and personal information
- Cyberattacks disrupting daily operations
- Ransomware incidents affecting data and systems
- Theft of sensitive client data
Fidelity Bonds
Fidelity bonds offer financial compensation in cases where an employee steals from a client. If your employee engages in criminal acts against a client — such as theft, embezzlement, or forgery — you could face liability, leading to considerable financial losses. Clients might even require your business to have this coverage before hiring you.
We protect you when
- You authorize a team member to process a client’s electronic funds transfer, and they divert the money into their own account
- You send an employee to improve a client’s inventory system, and they steal valuable equipment like laptops or tablets.
Best for
- Contracts requiring a bond
- Businesses seeking to establish trust with their clients
Tools and Equipment Coverage
Tools and equipment insurance for business consultants is all about protecting the essential gear you rely on daily — equipment like your laptop, servers, printers, and the specialized software you use to manage client information and perform financial analyses.
Imagine if your laptop, packed with sensitive client data, got stolen. Not only would replacing it be costly, but the impact on your business could be huge. Securing this coverage means you wouldn’t have to worry about those hefty costs or the potential chaos that could follow.
We protect you when
- Your work laptop is stolen during a business trip
- A fire breaks out in your office, damaging essential documents
- A printer is dropped while moving offices
Best for
- Protecting important business tools and supplies
Workers Compensation Coverage
Workers compensation for business consultants protects your employees in the event of work-related injuries or illness. It ensures that your best workers receive financial support for medical bills and lost wages, which subsequently drives more trust in your company.
Business consultants work in various environments and handle diverse tasks. Workers compensation is crucial for maintaining a safe work atmosphere and enhancing overall credibility and employee morale.
We protect you when
- An employee suffers a back injury from lifting heavy client files in the office
- An employee is injured in a car accident traveling to or from a client’s location
- An employee develops carpal tunnel syndrome from excessive typing during the workday
Best for
- Consulting firms with employees
Have a unique situation you’re afraid won’t be covered? Chat with us about the specifics and we’ll see what we can do!
Coverage Limits for Business Consultant Insurance
General & Professional Liability
$2,000,000
Products & Completed Operations Aggregate
$1,000,000
Personal & Advertising Injury
Included
General & Professional Liability Each Occurrence
$1,000,000
Damage to Premises Rented to You
$300,000
Medical Expense (Any one person)
$5,000
Additional Limits
Inland Marine / Business Personal Property
$4,000
Have questions?
Our licensed, non-commissioned agents are here to answer your questions or concerns so you can get the business consulting liability insurance best suited to your needs.
Monday to Friday, 8 am – 8 pm EST
se habla español
Why Business Consultants Choose Insurance Canopy
When it comes to your business, there’s no room for compromise. That’s why business consultants nationwide choose Insurance Canopy for peace of mind and reliable protection.
Affordable and Transparent Policies
Our policies are clear and straightforward, with no hidden surprises — providing reliable protection for your consulting business.
Tailored for Small Businesses Like You
We’re aware of the unique risks business consultants face. Our coverage is designed to protect your career and support your business as it grows.
100% Online Backed by US-Based Support
Manage everything online with ease, knowing that personalized support is here for you when you need it. We’re happy to assist you every step of the way.
135,000+ Small Businesses Trust Insurance Canopy
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TLJ's Mobile Mixology, LLC had been insured with Insurance Canopy since it's inception and we have no complaints.
Tenisha J.
February 4, 2025Knowledgeable, kind, attentive and professional. She helped me to feel comfortable, well taken good care of and get the service possible.
Ed Levitt
February 3, 2025As a Massage Therapist, I was not aware until a few years ago that I did not have to be part of an Organization to get my liability insurance! I... Read More
Kristie Williams
January 30, 2025 -
This insurance has helped me secure events with my corporate and local government clients. They have great customer service and are always willing to help.
Tony Felix
January 23, 2025Representative was clear & concise in explaining specifics of the policy. Cost of policy very reasonable.
John B
January 16, 2025I’m very happy with my purchase of liability insurance for a one-off event. I was even able to edit the policy after it had been issued with the help of... Read More
jay gedeon
January 6, 2025 -
Super easy to use and great service; I had a little error from my part and needed to correct it customer service was super helpful they guided me through the... Read More
Ana Zavala
January 6, 2025I needed some liability insurance for my business. The team at Insurance Canopy had great recommendations and the insurance was reasonable for the coverage. Web site and process... Read More
Susan Tedesco
January 6, 2025Great coverage, excellent price, terrific customer service. I checked out a lot of different carriers and they had the best reputation and coverage. Since most venues require insurance, it was... Read More
Steve Bryant
January 6, 2025 -
Was waiting for two other insurance companies to get back to me for over 2 1/2 weeks and losing money every day. Sitting here, frustrated I asked ChatGPT what... Read More
Chad Laibly
January 6, 2025Great and affordable insurance
Peter DAntoni
December 6, 2024Being a caricaturist, I never understood why I needed liability insurance, but it got to that point where I was missing opportunities because of it. So, I researched a bit... Read More
Paul McNeilly
November 12, 2024 -
I’m just saying that is easy to get the vendors insurance with this company
Silvia Delgado
November 6, 2024Definitely a great asset to my business, I have never had a problem getting what I need from IC. Good communication skills, always get help from the agents, attenuative on... Read More
Robert Avila
November 6, 2024Your site was extremely easy to use, I was able to get my event insured for what the event planners wanted. The price was so affordable. Even chatting... Read More
Rebecca Ruby
November 6, 2024 -
Quick easy sign-up convince is great
Vincent Davanzo
November 6, 2024Great to work with. Always available for assistance.
Two Pour Girls Bartending
November 6, 2024Best customer service I have ever had in regards to insurance.
Edward Findley
November 5, 2024 -
Super easy and convenient. Just renewed, thanks.
Wendy Berg
November 3, 2024Great to work with. Always available for assistance.
Courtney Araneo
November 3, 2024This is only the second year I have had this insurance. Haven't had to use it. But it's nice to know i have it. The price is great too
Vickie Sundgren
November 3, 2024 -
Canopy insurance has been great for my business. Definitely a five star definitely recommend it..
Fernando Ferreira
October 12, 2024Very easy and straight forward experience! The agent and live chat were instrumental in acquiring my policy.
Jacob Smith Jr
October 7, 2024Rey was amazing. So easy! So fast!
Herman Koch
September 30, 2024 -
Always treated well. They take care of my business insurance and I don’t have to worry about anything with insurance canopy in my corner. 10 year customer.
Mark Paquin
September 14, 2024Excellent rates and coverage! Did a lot of homework before going with Insurance Canopy, by far the best bang for the buck 🙂
Alana Wyld
September 14, 2024She is positive and friendly !
Alan Dynin
September 14, 2024 -
Had a great experience obtaining a policy quickly for a solo musical act. After a year, modified my policy to a fully staffed production easily using the chat feature of... Read More
Paul Tolle
September 6, 2024I am a professional mobile DJ. I use Insurance Canopy for a policy to cover my equipment and liability. They are easy to do business and the website makes... Read More
Don Kirby
September 6, 2024Best price I have found! Excited to be a customer
Dustin Price
September 6, 2024
-
TLJ's Mobile Mixology, LLC had been insured with Insurance Canopy since it's inception and we have no complaints.
Tenisha J.
February 4, 2025 -
Knowledgeable, kind, attentive and professional. She helped me to feel comfortable, well taken good care of and get the service possible.
Ed Levitt
February 3, 2025 -
As a Massage Therapist, I was not aware until a few years ago that I did not have to be part of an Organization to get my liability insurance! I... Read More
Kristie Williams
January 30, 2025 -
This insurance has helped me secure events with my corporate and local government clients. They have great customer service and are always willing to help.
Tony Felix
January 23, 2025 -
Representative was clear & concise in explaining specifics of the policy. Cost of policy very reasonable.
John B
January 16, 2025 -
I’m very happy with my purchase of liability insurance for a one-off event. I was even able to edit the policy after it had been issued with the help of... Read More
jay gedeon
January 6, 2025 -
Super easy to use and great service; I had a little error from my part and needed to correct it customer service was super helpful they guided me through the... Read More
Ana Zavala
January 6, 2025 -
I needed some liability insurance for my business. The team at Insurance Canopy had great recommendations and the insurance was reasonable for the coverage. Web site and process... Read More
Susan Tedesco
January 6, 2025 -
Was waiting for two other insurance companies to get back to me for over 2 1/2 weeks and losing money every day. Sitting here, frustrated I asked ChatGPT what... Read More
Chad Laibly
January 6, 2025 -
Great coverage, excellent price, terrific customer service. I checked out a lot of different carriers and they had the best reputation and coverage. Since most venues require insurance, it was... Read More
Steve Bryant
January 6, 2025
Questions You’ve Asked Us About Business Consultant Insurance
Is my business consultant insurance policy effective immediately?
Yes — your insurance policy can be immediately active upon purchase. You’ll get instant coverage confirmation and your Certificate of Insurance (COI) as soon as you complete the online application and make the payment. You’ll even get a badge for your website — so both prospects and clients know you’re insured with the best consulting insurance out there!
Can I cancel my business consultant coverage at any time?
Yes, you may cancel your business consulting insurance with Insurance Canopy anytime. However, if you file a claim after canceling your insurance, you won’t be covered unless your policy was active when the incident occurred.
We know that life is full of unexpected changes. Simply contact our customer service team and they’ll guide you through the cancellation process. Be sure to review your policy terms for potential refund eligibility to ensure a smooth transition.
How do I file a business consultant claim?
Filing claims with Insurance Canopy is easy! Here’s the fastest route to success:
- Log in to your dashboard
- Find “Manage Policies”
- Click on “File a Claim” and share your info
Once you’re done, a claims adjuster will get in touch to assist you. They’ll be with you every step of the way to ensure the claims process goes smoothly. Our support team is here to help any time. If you have any questions or need assistance, please reach out.
How do I renew my business consultant insurance policy?
Your policy will automatically renew at the end of your policy term to ensure you have uninterrupted coverage. We’ll email you a reminder before it renews, so you’ll always know when to expect a billing charge. If you need to make changes or adjustments to your policy, our support team is ready to assist!
Consult with Confidence — We’ve Got the Coverage
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