Business Consultant Insurance

Secure your consulting career with peace of mind! Safeguard your business consultant practice with flexible and affordable insurance coverage, starting at only $229/year.

Most POPULAR

$229

Yearly Policy
4.8/5
Backed by
Great American Insurance Group logo
Belfast company logo

Affordable, Fast, and Comprehensive

Our Business Consultant Insurance Coverage Is Designed To Meet Your Unique Needs

What is Business Consultant Insurance?

Business consultant insurance is a specialized coverage designed to protect professionals in the business consulting field. It provides comprehensive coverage for various risks and liabilities that may arise during consulting activities. This insurance includes professional liability coverage for negligence, errors, or omissions in professional advice. It also has general liability coverage for bodily injury, property damage, or advertising injury claims. Business consultant insurance is crucial for mitigating financial risks and protecting a professional reputation in unforeseen circumstances or legal claims.

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Who Needs Business Consultant Insurance?

Business consultant insurance is essential for a range of professionals in the consulting industry, including:

  • Sales consultants
  • Strategy consultants
  • Project management consultants
  • Financial consultants
  • Legal consultants
  • Operations consultants

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How Much is Business Consultant Insurance?

Business consulting insurance is available for as low as $21.08 per month or $229 per year. The cost can vary depending on:
Gross income of your business.

  • Selected coverages.
  • Coverage limits.

To learn more about customizing your insurance as a business consultant, you can review the information provided here.

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Why Choose Insurance Canopy?

We Have A (Nearly) 5 Star Rating

  • Affordable plan and very easy to access when I need it

    Angela Lobianco Avatar Angela Lobianco
    July 13, 2024

    Always easy to use! Thank you!

    CahillandDelene Avatar CahillandDelene
    July 12, 2024

    Great company with a courteous staff. Website is smooth and navigable with many options for all different kinds of fitness professionals. Best insurance options as well

    Rich Bonifazio Avatar Rich Bonifazio
    July 12, 2024
  • I have been associated with this company for 3 years. They would have deserved no more than 1-2 stars at the time. They have progressively leveled up their customer service... Read More

    Angela Fischetti Avatar Angela Fischetti
    July 12, 2024

    Thank you so much for the wonderful service. It is alway so easy to renew my policy each year!

    Jamilyn Boze Avatar Jamilyn Boze
    July 5, 2024

    Always done very well for us. Highly recommended.

    Kenny Casanova Avatar Kenny Casanova
    July 5, 2024
  • Nothing but positive things to say. Great company, have used them for years.

    Brandon Kennedy Avatar Brandon Kennedy
    July 5, 2024

    I think this is the third year in a row that I continue to carry my independent contractor insurance through Insurance Canopy. They make it easy for me, and alert... Read More

    susanf Avatar susanf
    July 5, 2024

    quick and easy to sign up and did not break the bank!!

    Michael “Michael” Jobe Avatar Michael “Michael”
    April 8, 2024
  • Received many quotes that were multiple times more expensive. Needed something fast, easy and inexpensive for a high needs client. Customer had what they needed 5 minutes after... Read More

    Robert Caudle Avatar Robert Caudle
    April 7, 2024

    Easy to apply online, it take 5 mins and get your provf of Insurance.

    Francesca Wine Avatar Francesca Wine
    April 6, 2024

    I had shopped a few websites including my home/auto policy holder and was not satisfied with their inability to insure me. Other sites wanted ridiculous down payments and one time... Read More

    Lucia Boroczk Avatar Lucia Boroczk
    April 4, 2024
  • This insurance fits my needs as a yoga instructor with a small studio at a reasonable price.

    Hillary Blackton Avatar Hillary Blackton
    April 2, 2024

    Just the insurance I needed. I wish the website would allow me to share pages!

    Ellen Brodsky Avatar Ellen Brodsky
    April 2, 2024

    It was fast and easy.

    Vincent Cabello Avatar Vincent Cabello
    March 31, 2024
  • Chat support is terrific. I have chatted multiple times and each time the support team is very prompt, customer focused and knows the answers. The policy website is also very... Read More

    Patrick McElhaney Avatar Patrick McElhaney
    March 27, 2024

    Process was easy. Relevant information accessible. Platform is very user friendly.

    Carolina Santos Avatar Carolina Santos
    March 26, 2024

    The agent was awesome, helped me through my application completely, very professional, humble and helpful! I love Canopy’s concept!!! Thanks, Lionel

    Lionel Harrison Avatar Lionel Harrison
    March 26, 2024
  • I've been using Canopy for all my businesses. Always responsive, easy to use and the cheapest around. Can't ask for more! - A 10+ note from a happy customer here!

    Aaron Copenhaguen Avatar Aaron Copenhaguen
    March 26, 2024

    I was concerned that I wouldn't find a company that could check all the boxes on our coverage wishlist. It only took one quick call and my questions were answered.... Read More

    Greg Hoover Avatar Greg Hoover
    March 25, 2024

    Insurance Canopy gives me peace of mind for my practice.

    Adriana Chacon Avatar Adriana Chacon
    March 25, 2024
  • great experience so far, always able to reach a human representative on the phone!

    New Groove Avatar New Groove
    March 25, 2024

    Very easy process to get peace of mind

    Kristen Talusan Avatar Kristen Talusan
    March 25, 2024

    Reasonable rates for small business owners. It was tough finding a policy that met my needs, but was fortunate to find Insurance Canopy. Highly recommended.

    Kate Whelan Avatar Kate Whelan
    March 25, 2024
  • Super friendly service..

    Kristina Strong Avatar Kristina Strong
    March 25, 2024

    Getting insurance is the best thing a fitness professional can do to protect themselves. I feel better knowing Canopy has got my back. Simple and easy to sign up.

    Herman Hildo Avatar Herman Hildo
    March 25, 2024

    I Am tremendously grateful for the help I received in getting the right understanding of what policy was best to fit my needs! Thank U Canopy and Staff

    Darron Hines Avatar Darron Hines
    March 25, 2024
  • Great service, affordable insurance, easy to work with.

    Roland Cache Avatar Roland Cache
    March 18, 2024

    Fast procedure with clear price options. Did everything in less than 5 minutes

    Ron Geraci Avatar Ron Geraci
    March 11, 2024

    The wait was way too long, however it was worth it. The representative that helped me was knowledgeable, patient, and reassuring.

    susan fletcher Avatar susan fletcher
    March 11, 2024
  • Affordable plan and very easy to access when I need it

    Angela Lobianco Avatar Angela Lobianco
    July 13, 2024
  • I have been associated with this company for 3 years. They would have deserved no more than 1-2 stars at the time. They have progressively leveled up their customer service... Read More

    Angela Fischetti Avatar Angela Fischetti
    July 12, 2024
  • Great company with a courteous staff. Website is smooth and navigable with many options for all different kinds of fitness professionals. Best insurance options as well

    Rich Bonifazio Avatar Rich Bonifazio
    July 12, 2024
  • Always easy to use! Thank you!

    CahillandDelene Avatar CahillandDelene
    July 12, 2024
  • Thank you so much for the wonderful service. It is alway so easy to renew my policy each year!

    Jamilyn Boze Avatar Jamilyn Boze
    July 5, 2024
  • Nothing but positive things to say. Great company, have used them for years.

    Brandon Kennedy Avatar Brandon Kennedy
    July 5, 2024
  • Always done very well for us. Highly recommended.

    Kenny Casanova Avatar Kenny Casanova
    July 5, 2024
  • I think this is the third year in a row that I continue to carry my independent contractor insurance through Insurance Canopy. They make it easy for me, and alert... Read More

    susanf Avatar susanf
    July 5, 2024
  • quick and easy to sign up and did not break the bank!!

    Michael “Michael” Jobe Avatar Michael “Michael”
    April 8, 2024
  • Received many quotes that were multiple times more expensive. Needed something fast, easy and inexpensive for a high needs client. Customer had what they needed 5 minutes after... Read More

    Robert Caudle Avatar Robert Caudle
    April 7, 2024

What’s Covered in Business Consultant Insurance?

Business consultants need several key coverage types for complete insurance protection:

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General Liability

General Liability coverage offers essential protection against claims made by third parties for bodily injury, property damage, or personal and advertising injury. This coverage covers legal expenses, settlement costs, and damages awarded in lawsuits, ensuring business consultants have financial protection in a field where unexpected accidents can occur.

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Professional Liability Coverage

Professional liability coverage is crucial for shielding consultants from claims of negligence, errors, or omissions in their services. Providing advice and recommendations comes with a risk of client dissatisfaction or financial loss. This coverage covers defense costs, settlements, or judgments, enabling consultants to focus on their work without worrying about the risks of their profession.

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Errors and Omission Coverage

Errors and omissions (E&O) coverage offers protection against mistakes, negligence, or failure to provide clients with accurate advice or services. This insurance covers legal fees, settlements, and damages related to claims arising from consulting work. E&O coverage provides financial security, allowing consultants to deliver high-quality services without worrying about potential financial burdens.

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Cyber Liability Coverage

Cyber liability coverage safeguards against financial losses and damages resulting from cyber-attacks, including data breaches, hacking incidents, and identity theft. Business consultants handling sensitive client information online require this coverage for comprehensive risk management. It ensures preparedness and financial security in the event of a cyber incident.

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Tools and Equipment Coverage

Properly protects business consultants from the financial impact of damaged, lost, or stolen tools and equipment. This is particularly important for consultants who heavily depend on specialized tools for their work. Consultants can rest assured that unexpected incidents won’t disrupt business operations, as the necessary tools can be quickly replaced or repaired.

Coverage Details

General & Professional Liability Limits

The most your policy will pay in a 12 month policy period for bodily injury and property damage claims that you become legally obligated to pay due to your business and professional services.

$2,000,000

The maximum amount your policy will pay in a 12-month period for bodily injury and property damage claims that result from the products you use to perform your services. However, it does not cover products that are manufactured, sold, or distributed.

$1,000,000

The amount that your policy will pay for claims arising out of one or more of the following offenses:
– False Arrest, detention or imprisonment
– Malicious prosecution
– Wrongful Eviction or Wrongful Entry
– Oral or written publications that slander or libels a person or organization
– Oral or written publication or material that violates a person’s right of privacy
– The use of another’s advertising idea in your advertisement

Included

The maximum the insurance carrier will pay for a bodily injury or property damage claim that you become legally obligated to pay due to your business and professional services.

$1,000,000

The most we will pay for property damage to any one premises, while rented to you, or in the case of damage by fire, while rented to you or temporarily occupied by you with permission of the owner.

$300,000

Medical Expense (Any one person)

$5,000

Additional Limits

Inland marine insurance covers tangible property that is movable or transportable in nature (e.g. supplies, equipment, or inventory) but excludes coverage for structures and items that are part of the structure. Note: a $250 deductible applies to this coverage.

$4,000

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FAQs About Business Consultant Insurance

Answers to Common Questions about Business Consultant Insurance

Get Covered With Insurance Canopy Today

As a business consultant, your guidance is invaluable. However, mistakes can happen, potentially leading to financial losses for your clients. Comprehensive insurance coverage is essential. Insurance Canopy specializes in tailored coverage options designed specifically for business consultants, including professional liability, general liability, and cyber liability insurance.

Insure Your Business Consulting Practice Today

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