Subcontractor Insurance

Professional coverage for accountants, architects, engineers, lawyers, etc.

How We Can Help You Find Cheap Subcontractor

No two businesses are alike. To prevent you from paying an extra premium, we’ll look into your risk exposure, nature of business, and other factors that determine the amount of coverage you need. We eliminate unnecessary and overlapping coverages, which is the key to enjoy huge savings.

And if you follow proactive measures to prevent or at least deter liability lawsuits, we can endorse you for discounts. Moreover, share with us your business operations, risks you’re regularly exposed to, and previous losses and damages you have encountered. This will allow us to customize the type and amount of insurance so that you only pay for coverage that you actually need.

Coverage Included

Directors and Officers Liability

Employment Practices Liability

Errors and Omissions Insurance

Copyright Infringement

Directors and Officers Liability

This insurance protects past, present, and future officers of a corporation from losses and damages resulting from neglect, error, and breach of duty. To lower your insurance rate, our well-versed independent insurance agents can recommend bundling policies (e.g., combining professional liability and standard business insurance), and discounts for having a clean claims record.

Employment Practices Liability

This protects you from lawsuits arising from wrongful acts in the workplace, e.g., discrimination and sexual harassment. Again, we can endorse you for discounts, compare professional liability insurance quotes from multiple carriers, and advise you to drop overlapping and unnecessary coverages.

Errors and Omissions Insurance

This covers losses and damages resulting from errors that you make while conducting your business.  To prevent you from paying an extra premium, we scrutinize your operation and the risks you encounter consistently. This will allow us to customize your policy and drop coverages you don’t need. For instance, if your business does not handle highly sensitive data, carrying data compromise liability does not make financial sense.

To reiterate, the key to low cost professional liability insurance is to customize your coverage down to the very last detail.

To further prevent unnecessary surcharges, our well-versed insurance agents can give you sound advice.  For example, you should never include activities or services that you haven’t been paid for—even if you see them as a potential income in the future—because you don’t want to get a surcharge for something that has never been a source of income.

Similarly, you should never include sources of income that have been dormant for a long period of time,  but if you want to err on the safe side, you can tell your carrier about the services but mention that no such work has occurred in the last couple of years.

There are countless of ways to slash your premiums.  Let us help you find a solid professional liability insurance at the most reasonable price.

Contact us today. Explain your specific needs to us and we can give you customized insurance rates and coverage, thus allowing you to save hundreds if not thousands of dollars every year.

617-453-9600