Industries
Insurance for Consultants
Most consultants buy insurance the first time a client contract demands it. The contract asks for E&O, GL, sometimes cyber, and gives you two weeks. That is a normal start, and we can usually work within it.
BrokerPro insures consultants across fields, from management and HR to engineering and IT, and we read the client's requirements so the coverage matches before you sign.
Common risks
The claims consultants actually face:
- A client alleges your advice or deliverable caused financial loss
- Missed deadlines or scope disputes that escalate
- A data breach exposing client information
- Injury or damage at a client site visit
- Contract disputes over whether your insurance met requirements
Recommended coverage
A standard consultant package:
Professional liability / E&O
the core policy; responds when advice or work product is blamed
General liability
required by offices, venues, and many client contracts
Cyber liability
for client data and funds-transfer fraud exposure
Business owners policy (BOP)
bundles GL with office contents efficiently
What landlords, clients, and contracts commonly require
- Enterprise and government clients commonly require $1 million E&O and GL with certificates
- Some MSAs require cyber coverage and specific endorsement wording
- Coworking spaces and landlords require GL on the lease
Common questions
My client contract requires $1M professional liability. What will that cost?
Many solo and small consultancies pay somewhere in the range of $500 to $2,000 a year depending on field, revenue, and claims history. IT and management consulting often sit at the lower end; anything touching engineering, finance, or healthcare runs higher.
Do I need insurance if my contracts have a liability waiver?
Waivers and limitation-of-liability clauses help but do not stop claims from being filed, and defense costs arrive regardless of merit. Most consultants carry E&O precisely for the defense.
Does my E&O cover subcontracted consultants?
Sometimes, depending on the form and how the work flows. If you subcontract, tell us; the answer affects both your policy and what certificates you should collect from subs.
Insurance built around how consultants actually work
Send us the basics. We'll ask the right questions and come back with options.