Fundamental Insurance Coverages For Your Staffing Firm

staffing agency insurance
Don't underestimate the need for the right staffing agency insurance. Work with an experienced agent to ensure that you get the coverage to meet your needs.

Are you looking for staffing agency insurance? As a new business owner, finding the right insurance coverage is an underrated activity. However, choosing the right coverages for your firm, employees and contractors is of utmost importance. To help simplify the process, here are some of the fundamental insurance coverages you should expect to carry for your firm.

Liability Insurance

There are different types of liability insurance. In general, they protect your firm in case a third party, whether it be a client, a potential contractor or someone else, claims they experienced some sort of loss because of your business activities. If a lawsuit arises, your policy can be used to cover any attorneys’ fees, settlements or judgments.

Property Insurance

Property insurance provides coverage in case your property is lost or damaged due to a fire, storm, vandalism, theft or other covered incident. Your policy can cover the cost to repair or replace items such as your office, furniture, equipment and data on your computers.

Workers’ Compensation Insurance

Workers’ compensation helps to protect your employees and contractors in case of injury or illness due to job-related activities. Among other things, your policy can cover medical fees, lost wages and rehabilitation expenses.

Don’t underestimate the need for the right staffing agency insurance. Work with an experienced agent to ensure that you get the coverage to meet your needs.