How to start a consulting business
With Chubb small business insurance, you can help protect your consulting business from the following risks:
Whether you’re just starting out or have an established consulting business, insurance can help:
Here are some common scenarios.
While working for E&M Accounting, Olivia, an accountant consultant, was asked to set up investments for a client. Olivia mistakenly established a corporation, instead of a partnership, which ended up generating tax liabilities for the client. Under the firm’s professional liability policy, Chubb claims worked with Olivia to help make financial amends to the client.
Emily, an event planner, was visiting a meeting site with her clients when someone broke into her office. The thief stole computers, phones, cameras, high-end furniture, décor, and much more. Having Chubb business personal property insurance helped Emily replace the stolen devices and valuables and get back to business quickly.
As Kai, an interior designer was walking through his showroom with a client, deep in conversation about which paint colors would pair best with the client’s new living room walls, the client slipped on an errant swatch of fabric. The client badly twisted her knee, and ended up needing a trip to urgent care, a knee brace, and physical therapy. Kai’s general liability policy from Chubb covered the client’s medical expenses, helping him maintain the client relationship.
Provides coverage against claims alleging property damage, bodily injury, and many other common risks.
Protects you in the event of a lawsuit claiming you were negligent in providing professional services in some way, such as providing late, incorrect or incomplete advice. This also covers errors and omissions relating to expert opinions or advice you provided a client.
Provides funds and guidance when an employee is hurt on the job, helping them get healthy and back to work as quickly as possible.
This Enterprise Risk Management solution can help you prevent cyber incidents from happening and provides expert response services if your business is the victim of a cybercrime.
Sometimes your standard insurance policy limits aren’t enough to cover what you’re up against. Umbrella insurance provides coverage over and above your existing policies to protect you from substantial lawsuits and losses.
This coverage provides protection for vehicles you use for consulting business, including replacement or repairs if your vehicle is stolen or damaged, bodily injury liability coverage, and roadside assistance.
We offer fast and easy options to cover all your insurance needs.
With 95% claims satisfaction, we don’t just process claims, we strive to make things right.**
Our policies are backed by Chubb’s financial strength and stability.
*Available through your independent insurance agent or broker.
**Scores are for paid claims, personal and commercial lines, combined; surveys conducted by Chubb averaged over a 5-year period (2017-2021).