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What types of insurance do digital marketing companies need?
These policies provide coverage for the most common risks of digital marketing.
General liability insurance
This policy covers basic digital marketing agency risks, such as a client breaking a wrist in your office. Bundle with property insurance for savings in a business owner’s policy.
BEST FOR
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Slip-and-fall accidents
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Damaged customer property
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Damaged business property
Errors and omissions insurance
This policy, also called technology E&O, covers lawsuits over work mistakes. It could pay for legal fees if a client sues over a failed marketing campaign or missed deadline.
BEST FOR
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Missed deadlines
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Failure to produce promised results
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Work errors and oversights
Workers’ compensation insurance
This policy helps digital marketing agencies survive data breaches and cyberattacks. It can cover customer notification costs after a breach, lawsuits, and other related expenses.
BEST FOR
Data breach lawsuits
Client notification expenses
Fraud monitoring costs
Workers’ compensation insurance
Workers’ compensation insurance is required in almost every state for digital marketing agencies with employees. It can cover medical fees and lost wages for work-related injuries.
BEST FOR
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Employee medical expenses
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Missed wages
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Legal costs
How much does insurance cost for retail businesses?
Several factors will have an impact on insurance costs, including:
Business equipment and property
Retail products and services offered
Revenue
Location
Number of employees
Business equipment and property
Running a convenience store or a drug shop is a risky business. Since many stores are open 24 hours a day with minimal staff, they’re a prime target for criminals. Convenience store insurance and pharmacy insurance can help cover the cost of inventory theft, employee injuries, customer lawsuits, and other risks.
