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.
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.
|Per occurrence limit||$1,000,000||$1,000,000||$1,000,000||$1,000,000|
|Name additional insureds?||Yes||Yes||Yes||Yes|
|Waiver of subrogation included?||Yes||No||Can be included||No|
|License defense coverage included||No||No||No||No|
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.
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
Professional indemnity insurance for safety consultants has a $1 million minimum per occurrence limit and a $1 million-$2 million aggregate limit.
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.
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.
|Per occurrence limit||$1,000,000||$1,000,000||$1,000,000||$3,000,000|
|Products and completed operations aggregate limit||$2,000,000||$1,000,000||$1,000,000||Included|
|Advertising injury coverage aggregate limit||$1,000,000||$1,000,000||$1,000,000||Included|
|Tenant’s legal liability coverage limit||$100,000||$100,000||$300,000||Included|
|Waiver of subrogation included?||Yes||No||Can be included||Excluded|
|Hired/non-owned auto liability coverage included?||Yes||No||Can be included||Excluded|
|Equipment breakdown floater included?||No||Yes||Yes||Yes|
|Can you get a certificate of insurance online?||Yes||Yes||Yes||Yes|
|Name additional insureds?||Yes||Yes||Yes||Yes|
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.
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
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
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|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|
|Money and securities||Excluded||$2,500||Included||Included|
|Lock and keys||Excluded||$2,500||Excluded||Included|
|Business interruption floater||Excluded||Included||Included||Excluded|
|Equipment breakdown floater||Excluded||Included||Excluded||Excluded|
|Inland marine insurance floater||Excluded||Excluded||Excluded||Excluded|
|Employee dishonesty floater||Excluded||$5,000||Included||Excluded|
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.
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:
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.
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.
|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?||Yes||Yes||Yes||Yes|
|Name additional insureds for free?||Yes||Yes||Yes||Yes|
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.
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
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.
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.
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.
Business income coverage, also called business interruption insurance, will grant protection if your business operations is halted by the following exposures:
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.
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.
You can use cyber liability insurance if you become the victim of:
If you become a victim of a covered exposure, cyber liability insurance for safety consultants will take care of the expenses for:
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
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.
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.
If an employee sustains a work-related injury or disease, workers' compensation insurance will cover these expenses:
Rehabilitation and retraining
Funeral expenses and allowance to dependents (in case of death)
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.
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 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
No. If your safety consulting office has multiple vehicles, then they can be insured under one commercial auto insurance policy.
|Cost per Month||Cost per Year||Deductible|
|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 Month||Cost per Year||Best for|
|NEXT||$25||$300||Best overall; Fastest general liability insurance for safety consultants|
|CoverWallet||$31.75||$381||Safety consultant insurance quotes comparison online|
|Tivly||$32||$384||Comparing safety consultant insurance quotes over the phone|
|Hiscox||$41.65||$499.80||Safety consultant insurance that meets contract requirements|
|Markel||$50||$600||Safety 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.
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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.
Issues an online proof of insurance instantly
Fastest general liability insurance for safety consultants
Great customer service and reputation
Outstanding value for money
Get a 10% discount if you buy two or more safety consultant policies
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
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
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
Responsive customer service
Refers you to partners if it can’t provide coverage
Compare safety consultant insurance quotes over the phone
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
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
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
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
Extensive policyholder resources
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
Lonnie Bell Insuranker
Policy Type: Business Insurance
Company name: Employers Insurance
Use anyone except Employers. Period. They are non-transparent and shameful. After I complained long enough to warrant a call from a supervisor, the supervisor called back from a PRIVATE NUMBER (no caller ID), left a message that they are not reversing their decision (without any communication with me), and failed to leave a phone number for me to call back. She was hiding! They also fact find via email and phone calls, which is terrific for speed and communication. However, after setting a precedence of email or phone calls, they send time sensitive information via email, without any heads up... they are hoping you miss it and forfeit via expiration. Evil policies. Go elsewhere.
This place is an absolute joke of a company and should be ashamed of the way they conduct business. I was hurt on the job at the end of July and it took them just shy of 7 weeks to issue out a paycheck to me. Yes the amount was back dated but still. Not many have the luxury of not receiving a paycheck for almost 2 months. To top it all off, the original adjuster marked me down for the wrong state which caused a problem from the get go, I've had 3 different adjusters now since each one can't seem to figure out the simplicity of my claim. All my paperwork which includes, my job, house, and drs visits all are from the same state and city but yet some how I have been filed under a completely different state 1500 miles away. They do not answer your phone calls or emails no matter how many you leave. I've had to escalate my frustrations to the supervisors of each of these individuals in order to even get some kind of response. I've had more communication and information given to me about my claim from the customer service representatives then the actual adjusters.......... please tell me how that works?! A serious overhaul needs to happen here in order to serve your clients the way they deserve to be taken care of. 10/10 do not recommend this company to a single soul on earth
I have never had the displeasure of working with a more incompetent and disrespectful person in my life. I’m an injured worker and the adjuster that was assigned to my case was named Carrie Furgeson. In the past 6 weeks that I’ve been injured and out of work I have only been able to get ahold of her twice, not for lack of trying. I have left countless voicemails, countless emails, and she ignores them all. When I am finally able to get ahold of her I’m greeted with terrible customer service. She is rude, she talks over me and I’m hardly able to get a word in edgewise. She spelled my name wrong on my documents even after I spelled it for her properly countless times, this caused a whole new issue with my bank. I have bill collectors from the hospital calling me demanding payment and Carrie Furgeson won’t do a single thing to help, or to get them paid. All of my documentation is in Colorado, my job is in Colorado, my address is in Colorado, all my Dr offices and appointments have been in Colorado and Carrie still managed to hold my claim because she wasn’t sure what state she needed to file it under. It’s been 6 weeks since my Injury and my company still hasn’t received the wage paperwork to fill out so they can get me my correct wages. When she’s not ignoring me she’s answering my questions with “I don’t know” well I don’t know how she got this job, because apparently she doesn’t know anything about it. She is a disgusting morose individual inside and out and I genuinely wish her the worst in all of her future endeavors. I highly recommend you don’t use this company. Please if you are a business owner and your looking into this company please don’t use them. I’m sure they have the cheapest payment and that’s why companies use them in the first place, but you will be doing your employees a grave disservice by forcing them to venture into this absolute dumpster fire of a company. I would rate 0/5 if possible but 1 was the lowest I was allowed.
Their general liability insurance purchase process is simply the best online experience I've ever had in my life!
As long as they cover your line of business, you're literally covered! best rates, best coverage, best online experience, best professionals, can't be happier that I chose them!