Factors include the type of consulting services, business size, location, claims history, and specific coverage needs.
Yes, a BOP can be tailored to cover home-based consulting businesses, combining necessary liability and property insurance.
It covers legal expenses if a client sues over errors, omissions, or negligence, providing financial protection and peace of mind
Professional liability, general liability, business owner’s policy, cyber liability, and workers’ compensation are essential for comprehensive protection.
While not always legally required, insurance is highly recommended for self-employed consultants to protect against potential legal claims and enhance professional credibility.
