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Safety Consultant Insurance: PI, Cost & Quotes From $11/month

Table of contents
1. Safety Consultant Liability Insurance2. Professional Indemnity Insurance for Health and Safety Consultants2.1. What Perils Does Professional Indemnity Insurance for Safety Consultants Cover?2.2. How Much Coverage Can Safety Consultants Get From Professional Indemnity Insurance?2.3. A Past Client is Suing You for Negligence, Will Professional Indemnity Insurance Help?2.4. Does Professional Indemnity Insurance Cover Your Safety Consulting License?3. General Liability Insurance for Safety Consultants3.1. What Costs Are Covered by General Liability Insurance for Safety Consultants?3.2. Are Add-Ons Automatically Included in the General Liability Insurance for Safety Consultants?4. Commercial Property Insurance for Safety Consultants 4.1. What Perils Does Commercial Property Insurance for Safety Consultants Cover?4.2. Can You Use Commercial Property Insurance to Recover the Value of Expensive Objects in the Office?4.3. Will Commercial Property Insurance Cover Safety Consulting Software?5. Business Owner’s Policy for Safety Consultants5.1. What is a Safety Consultant's Business Owner’s Policy?5.2. How Much Liability and Business Property Coverage Can You Get From a BOP?5.3. Does the Business Owner’s Policy for Safety Consultants Offer Optional Policies?6. Business Income Coverage for Safety Consultants6.1. What Perils Does Business Income Coverage Cover?6.2. How Does Business Income Coverage for Safety Consultants Work?7. Cyber Liability Insurance for Safety Consultants 7.1. When Can You Use Cyber Liability Insurance?7.2. What Costs Does Cyber Liability Insurance Cover?7.3. Does Cyber Liability Insurance Help if Software and Important Files Get Lost?8. Worker’s Compensation Insurance for Safety Consultants8.1. What Does Workers Compensation Insurance Cover?8.2. How Much Coverage Can You Get From Workers Compensation Insurance?8.3. Will Worker's Compensation Insurance Only Cover Employees That Got Hurt in the Workplace?9. Commercial Auto Insurance for Safety Consultants 9.1. Does Commercial Auto Insurance Only Cover One Vehicle?10. Safety Consultant Insurance Cost 11. Best Security Consultant Insurance Companies 11.1. NEXT Security Consultant Insurance 11.1.1. Pros11.1.2. Cons11.2. CoverWallet Safety Consultant Insurance 11.2.1. Pros11.2.2. Cons11.3. Tivly Safety Consultant Insurance 11.3.1. Pros11.3.2. Cons11.4. Hiscox Security Consultant Insurance  11.4.1. Pros11.4.2. Cons11.5. Markel Security Consultant Insurance 11.5.1. Pros11.5.2. Cons

Some businesses are involved with highly dangerous activities such as the use of cranes, underwater welding, installation of objects in high rise areas, etc. And so, OSHA and other related organizations regulate them to safeguard workers. 

As a safety consultant, you help different kinds of businesses comply with the safety regulations imposed by authorities. Consider purchasing safety consultant insurance as protection against the unexpected. Read this guide that will answer all of your questions. 

Safety Consultant Liability Insurance

Professional indemnity and general liability insurance are the two types of safety consultant liability insurance. You need to have a $1 million professional indemnity and general liability coverage to satisfy the demands of some clients. The sections below discuss the finer details of these insurance policies. 

It’s important to have your own coverage. If you’re hired by a civil engineering firm, then that company’s civil engineer insurance won’t take care of you unless you’re named as an additional insured. 


Professional Indemnity Insurance for Health and Safety Consultants


CoverWallet NEXT HiscoxMarkel
Per occurrence limit $1,000,000$1,000,000$1,000,000$1,000,000
Aggregate limit $2,000,000$1,000,000/$2,000,000$1,000,000$1,000,000
Name additional insureds?YesYesYesYes
Waiver of subrogation included?YesNoCan be includedNo
License defense coverage includedNoNoNoNo
Deductible $500$500$50/$10,000$500


OSHA and other related governing bodies impose stiff fines and penalties to businesses that fail to follow guidelines. Clients can file a claim against you if their failure to comply is your fault. A professional indemnity policy, which is also offered in construction consultant insurance,  covers this exposure. Use the table above to see which insurance company offers the best professional indemnity insurance for health and safety consultants. 

A professional indemnity policy, also called professional liability policy, is always offered in health and safety consultant insurance packages. This insurance grants protection if a client files a claim because your service caused issues. 


What Perils Does Professional Indemnity Insurance for Safety Consultants Cover?

Professional indemnity insurance will help if a client files a claim because you:

  • Failed to submit reports on time

  • Failed to recognize that equipment and tools are defective and can pose hazards to employees 

  • Failed to implement effective risk-management strategies in the workplace

  • Implemented action plans that didn’t correctly follow the guidelines of OSHA

  • Negligently training employees on workplace safety


How Much Coverage Can Safety Consultants Get From Professional Indemnity Insurance?

Professional indemnity insurance for safety consultants has a $1 million minimum per occurrence limit and a $1 million-$2 million aggregate limit. 


A Past Client is Suing You for Negligence, Will Professional Indemnity Insurance Help?

Professional indemnity insurance will grant protection if a past client files a claim, provided that it’s an occurrence policy. If you bought your professional indemnity insurance as a claims-made coverage, then it won’t provide help. 


Does Professional Indemnity Insurance Cover Your Safety Consulting License?

Similar to the professional indemnity policy of engineering consultant insurance bundles, the professional indemnity policy of safety consultant insurance bundles might come with a license defense coverage, which will cover the necessary expenses if licensing boards file an investigation after you allegedly committed negligence or mistakes. 


General Liability Insurance for Safety Consultants


CoverWallet NEXT (Best)HiscoxMarkel
Per occurrence limit $1,000,000$1,000,000$1,000,000$3,000,000
Aggregate limit $2,000,000$1,000,000/$2,000,000$2,000,000$3,000,000
Products and completed operations aggregate limit $2,000,000
$1,000,000$1,000,000Included
Advertising injury coverage aggregate limit $1,000,000$1,000,000$1,000,000Included
Tenant’s legal liability coverage limit $100,000
$100,000$300,000Included
Waiver of subrogation included?YesNoCan be includedExcluded
Hired/non-owned auto liability coverage included?YesNoCan be includedExcluded
Equipment breakdown floater included?No YesYesYes
Can you get a certificate of insurance online?YesYesYesYes
Name additional insureds?YesYes
YesYes
Deductible$0$0$0$0


You have liability for anything that happens within your safety consulting office, including accidents. And so, it’s smart to include a general liability policy in your safety and security consultant insurance package. Use the table above to see which insurance company offers the best general liability insurance for safety consultants. 

General liability insurance takes care of bodily injury claims and property damage claims that third parties file against independent safety consultants and safety consulting firms. Some clients, such as structural engineering firms, might demand the minimum level of general liability coverage before hiring you. 


What Costs Are Covered by General Liability Insurance for Safety Consultants?

General liability insurance will help you cover the claimant’s medical treatment or damaged property. This insurance will also take care of settlements, legal expenses, and court judgments. 

In connection, here are some example situations where you’ll find general liability insurance useful:

  • A client slips and falls while visiting your office

  • The roofing contractor you hired falls from a height while fixing the asphalt shingles of your office

  • An object falls from the window of your office and hits a passerby walking past below


Are Add-Ons Automatically Included in the General Liability Insurance for Safety Consultants?

Insurance companies automatically include the following additional coverages in a safety consultant’s general liability insurance:

  • Tenant’s legal liability coverage-This reimburses the losses of your landlord if the space you’re leasing or renting is damaged by fire

  • Hired/non-owned auto liability coverage-Covers the medical treatment of injured third parties if a vehicle you borrowed or hired causes an accident

  • Advertising injury coverage-Takes care of legal expenses if third parties sue you for copyright infringement, slander, or libel

Compare Cheap Safety Consultant Insurance Quotes Online

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Commercial Property Insurance for Safety Consultants 


CoverWalletNEXT (Best)HiscoxMarkel
Building coverage limit (minimum)$50,000$110,000$25,000$10,000/$90,000
Contents coverage limit (minimum)$50,000$15,000$25,000$50,000
Outdoor signsExcluded$2,500ExcludedIncluded
Accounts receivable ExcludedExcludedIncludedIncluded
Money and securitiesExcluded$2,500IncludedIncluded
Lock and keys Excluded$2,500ExcludedIncluded
Business interruption floaterExcludedIncludedIncludedExcluded
Equipment breakdown floaterExcludedIncludedExcludedExcluded
Inland marine insurance floaterExcludedExcludedExcludedExcluded
Employee dishonesty floaterExcluded$5,000IncludedExcluded


An office is important in your job as a safety consultant. It’s the place where you hold meetings with clients, store important files and valuable equipment, and draft reports or research materials. 

Commercial property insurance allows you to continue business operations ASAP if something happens to the office. Use the table above to see which company offers the best commercial property insurance for safety consultants. 


What Perils Does Commercial Property Insurance for Safety Consultants Cover?

Commercial property insurance for safety consultants is underwritten as an all risk coverage that  kicks in if your office gets destroyed or damaged because of:

  • Fire

  • Theft

  • Vandalism

  • Civil commotion

  • Riot

  • Sinkhole collapse

  • Volcanic action

  • Lightning

  • Weather

  • Falling objects

  • Impact

  • Aircraft

  • Vehicle


Can You Use Commercial Property Insurance to Recover the Value of Expensive Objects in the Office?

Insurance companies recognize that if something happens to the office, then it’s rare for what’s inside to be spared. And so, they include a contents coverage in their commercial property insurance for safety consultants that will reimburse the value of valuable papers and records, furniture, computers, cameras, drones, and other precious items. 


Will Commercial Property Insurance Cover Safety Consulting Software?

In case of damage or destruction, commercial property insurance only reimburses the value of the computer. Lucidity, HSIDonesafe, SALUS, and other safety consulting software are excluded.


Business Owner’s Policy for Safety Consultants


CoverWalletNEXT (Best)Hiscox  Markel
General liability aggregate limit $2,000,000$1,000,000/$2,000,000$2,000,000$3,000,000
Commercial property coverage limit $50,000$110,000$25,000$50,000
Optional policies can be added?YesYesYesYes
Name additional insureds for free?YesYesYesYes
BOP discount?YesYesYesYes


Insurance companies offer a business owner’s policy to safety consultants whose revenue is steadily growing. Use the table above to see which insurance company offers the best business owner’s policy for safety consultants.


What is a Safety Consultant's Business Owner’s Policy?

A business owner’s policy (abbreviated BOP) is an insurance policy that's made by combining general liability and commercial property insurance. You can use this to:

  • Cover claims for bodily injuries or property damage that third parties file 

  • Recover financial losses if the business property gets damaged or lost due to covered perils 


How Much Liability and Business Property Coverage Can You Get From a BOP?

You can get a $1 million general liability coverage and a $10,000-$500,000 commercial property coverage from a business owner’s policy. You can customize your BOP for safety consultants to get higher or lower limits.


Does the Business Owner’s Policy for Safety Consultants Offer Optional Policies?

Insurance companies allow safety consultants to add optional policies to their business owner’s policies. Common add-ons are cyber liability insurance, business interruption insurance, and non-owned/hired auto liability coverage. 


Business Income Coverage for Safety Consultants

Unexpected occurrences such as fire or structural damage to the office can force you to temporarily stop working. You can mitigate the financial losses as a result of lost revenues by purchasing business income coverage for safety consultants. 


What Perils Does Business Income Coverage Cover?

Business income coverage, also called business interruption insurance, will grant protection if your business operations is halted by the following exposures:

  • Natural disaster

  • Fire

  • Economic crisis

  • Relocation


How Does Business Income Coverage for Safety Consultants Work?

Business income coverage will supplement a portion of the revenues you would’ve earned if you didn’t stop your safety consulting services temporarily. It will also grant temporary funds you can use to pay employee payroll, utility services, lease or rent, mortgage, tax, and other operational costs. 



Cyber Liability Insurance for Safety Consultants 

Finally, as a safety consultant, you will likely be dealing with important information from your clients. By virtue of this predicament, you are a prime target for threat actors wanting to gain access to the client's IT infrastructure. Besides, you are also susceptible to cyber threats. As such, it would be best that you purchase cyber liability insurance for safety consultants. 


When Can You Use Cyber Liability Insurance?

You can use cyber liability insurance if you become the victim of:


What Costs Does Cyber Liability Insurance Cover?

If you become a victim of a covered exposure, cyber liability insurance for safety consultants will take care of the expenses for:

  • Customer notification

  • Professional services for containing the cyber attack and fixing it

  • Credit and fraud monitoring

  • Legal expenses if clients and authorities file a lawsuit against you 


Does Cyber Liability Insurance Help if Software and Important Files Get Lost?

Yes. Cyber liability insurance for safety consultants comes with an electronic data loss coverage. You can use this to recover financial losses and cover the unexpected expenses for recovering or replacing lost or damaged software and documents. 



Worker’s Compensation Insurance for Safety Consultants

Workers' compensation insurance must be part of your safety consultant insurance package if you work with one or more part-time and full-time employees. Authorities will impose heavy fines and penalties if you fail to comply. 


What Does Workers Compensation Insurance Cover?

If an employee sustains a work-related injury or disease, workers' compensation insurance will cover these expenses:

  • Medical treatment

  • Hospitalization

  • Medication

  • Rehabilitation and retraining

  • Lost wages

  • Funeral expenses and allowance to dependents (in case of death)


How Much Coverage Can You Get From Workers Compensation Insurance?

Workers' compensation insurance for safety consultants doesn’t have a fixed limit. Insurance companies will design the limits of this insurance based on the provisions of your state’s workers comp laws. 


Will Worker's Compensation Insurance Only Cover Employees That Got Hurt in the Workplace?

Workers compensation insurance doesn’t only grant coverage if employees get hurt within the premises of your safety consulting office. Coverage also applies if you send your employees to another location and they sustain injuries. 


Commercial Auto Insurance for Safety Consultants 

Commercial auto insurance might offer better protection than personal auto insurance if you own and use an automobile to meet clients and visit projects. Here’s a quick summary of the functions of commercial auto insurance for safety consultants:

  • Cover the medical treatment of injured third parties if you cause an accident while driving to meet clients or check a project

  • Cover your medical treatment if you get involved in an accident caused by an uninsured/underinsured driver

  • Cover the repair or replacement of parts if your vehicle sustains damage while you’re using it for work


Does Commercial Auto Insurance Only Cover One Vehicle?

No. If your safety consulting office has multiple vehicles, then they can be insured under one commercial auto insurance policy. 

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Safety Consultant Insurance Cost 


Cost per MonthCost per YearDeductible
General liability insurance$36$432$0-$500
Professional liability insurance$45.16$541.92$500-$1,000
Commercial property insurance$50$600$1,000-$2,500
Business owner’s policy$77$924$500-$1,000
Workers compensation insurance$90$1,080$2,000-$5,000
Cyber liability insurance$75$900$500-$1,000
Commercial auto insurance$55$660$1,000


The average safety consultant insurance cost is $36 per month or $432 per year for a $1 million general liability insurance. On the other hand, you will be required to pay $45.16 per month or $541.92 per year for a $1 million professional liability insurance. 

This cost is subject to the location where you run your business, the size of the consultancy, the revenue you collect for a specified period, and your claims history. This second table shows how much the best companies charge for their $1 million general liability insurance for safety consultants:


Cost per MonthCost per YearBest for
NEXT$25$300Best overall; Fastest general liability insurance for safety consultants
CoverWallet$31.75$381Safety consultant insurance quotes comparison online
Tivly$32$384Comparing safety consultant insurance quotes over the phone
Hiscox$41.65$499.80Safety consultant insurance that meets contract requirements
Markel$50$600Safety consultant insurance with risk management resources

 

Don’t forget to compare quotes before getting insured. Start by clicking the “Get Quotes” button on this page.

Compare Cheap Safety Consultant Insurance Quotes Online

Get all the best quotes from leading providers in a click of a button!

Best Security Consultant Insurance Companies 

If you are in the market for a security consultant insurance provider, here are the best security consultant insurance companies in the market today. Read some of the reviews below to know their pros, cons, and cost of a $1 million general liability insurance. 


NEXT Security Consultant Insurance

Pros

  • Best overall

  • Issues an online proof of insurance instantly

  • Fastest general liability insurance for safety consultants 

  • Great customer service and reputation

  • Excellent rates

  • Outstanding value for money

  • Get a 10% discount if you buy two or more safety consultant policies 

Cons

  • Couldn’t find any

NEXT's security consultant insurance offers general liability, workers' compensation and commercial property insurance. 

As a policyholder, you'll have the liberty to bundle your commercial property and general liability insurance into a BOP for cheaper rates. 

For commercial property insurance, you will get $110,000 for building coverage and $15,000 for contents coverage. The policy also extends to money and securities, business interruption, and employee fraud and dishonesty. This security consultant insurance package will cost $25 per month or $300 annually. 

Best for: Best overall; Fastest general liability insurance for safety consultants

Average cost: $25 per month 

Our rating: 10/10 


CoverWallet Safety Consultant Insurance

Pros

  • Compare quotes online for free

  • Professional liability insurance for consultants also covers personal injuries

  • Manage insurance policies and pay for them online via the MyCoverWallet app

  • Add an unlimited number of additional insureds to your general liability insurance

Cons

  • Not an insurance company, but an insurance broker 

Coverwallet’s health and safety consultant insurance is underwritten for safety consultants specializing in different industries. Policies you can avail are general liability insurance, commercial property insurance, cyber liability insurance, and professional liability insurance. 

This company's general liability insurance for safety consultants has a $1 million per occurrence limit with a $2 million aggregate. You also get $2 million products and completed operations coverage, $100,000 rented premises liability coverage, and $5,000 medical payments coverage. 

CoverWallet’s healthy and safety consultant professional indemnity insurance has a $1 million per occurrence and aggregate limit. Aside from usually covered perils, the policy also takes care of punitive damages, personal injuries, and disciplinary proceedings. 

Best for: Safety consultant insurance quotes comparison online

Average cost: $31.75 per month 

Our rating: 10/10


Tivly Safety Consultant Insurance

Pros

  • Responsive customer service

  • Refers you to partners if it can’t provide coverage

  • Compare safety consultant insurance quotes over the phone 

Cons

  • You need to call to get a quote 

Tivly (formerly CommercialInsurance.NET) sells general liability insurance, commercial property insurance, and other business insurance policies for safety consultants. To get covered, you need to call a representative who will discuss how much coverage you can get from this company’s safety consultant insurance policies. 

Call Tivly now to compare safety consultant insurance quotes over the phone and get covered. 

Best for: Comparing safety consultant insurance quotes over the phone

Average cost: $32 per month

Our rating: 10/10


Hiscox Security Consultant Insurance 

Pros

  • Policyholders get 5% discounts for getting a BOP 

  • An easy web-based system with a quick and effective quoting process 

  • Hiscox offers a 14-day money-back refund policy 

  • Policyholders can purchase the policy online 

Cons

  • Security consultant insurance is not available in Alaska 

  • BOP's only offered to safety consultancies with less than ten employees

Hiscox brings over 120 years of experience to the table, an offering that your safety consultant business must be keen to leverage. This is coupled with the high rate from AM Best and BBB, and as such, you have the best possible coverage. 

Hiscox offers general liability insurance, cyber liability insurance, and professional liability insurance for safety consultants. 

You can also get commercial property insurance, but this is only possible if you buy this company’s business owner’s policy.

Hiscox’s professional liability insurance has a $1 million per occurrence and aggregate limit. There’s a deductible that costs $500. Nonetheless, this is fine as the professional liability insurance of this company includes a waiver of subrogation in its terms. 

The general liability policy of Hiscox’s BOP has a $1 million per occurrence limit with a $2 million aggregate. There’s no deductible. 

As for the commercial property insurance from Hiscox, this offers $10,000-$90,000 business personal property coverage. Note that you can add a crime insurance package to Hiscox’s BOP for added protection. 

Hiscox underwrites a $250,000 cyber liability coverage for safety consultants. You can upgrade this to get media liability coverage. 

Best for: Safety consultant insurance that meets contract requirements 

Average cost: $41.65 per month 

Our rating: 8/10 


Markel Security Consultant Insurance

Pros

  • Policyholders can file a claim via the phone, online, or by mail 24/7

  • Coverage in all 50 states and international operations in Bermuda, Dublin, and London 

  • BBB accreditation 

  • Extensive policyholder resources 

Cons

  • Most customer reviews on Markel are negative 

  • There's no product review on the official website 

As one of the specialty products underwritten by Markel, the security consultancy insurance policy is best suited for smaller security consultancies. Their small-business insurance division is dedicated to developing affordable insurance policies for small-business owners. 

This security consultant insurance policy consists of an errors and omissions policy that covers up to $3 million in claims of negligence in professional services. With the BOP coverage from Markel, you get a customizable policy where you can determine your coverage limits, deductibles, and payment options. Workers' compensation insurance will be determined by your payroll, claims history, number of employees, size of consultancy, and the state in which you run your business. 

Best for: Safety consultant insurance with risk management resources

Average cost: $50 per month

Our rating: 8/10


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