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Travel Agency Insurance: Cost & Quotes From $45/mo

Table of contents
1. General Liability Insurance for Travel Agencies1.1. What General Liability Add-Ons Are Suitable for Travel Agencies?1.2. What Are the Coverage Limits for General Liability Insurance?1.3. Do Independent Travel Agents Need General Liability?2. Professional Liability Insurance for Travel Agencies2.1. Is Error and Omissions in Travel Agency Insurance Different From Professional Liability?2.2. What is Professional Indemnity Insurance?2.3. What Are the Coverage Limits for Professional Liability Insurance3. Public Liability Insurance for Travel Agencies3.1. What Are the Coverage Limits for Public Liability Insurance?4. Commercial Property Insurance for Travel Agencies4.1. What Are the Coverage Limits for Commercial Property Insurance?4.2. What Add-Ons Are Good to Get for Commercial Property Insurance?4.3. Is All Property Damage Covered by Commercial Property Insurance?5. Business Owner’s Policy for Travel Agencies5.1. What Are Business Owner’s Policy Coverage Limits?5.2. What Add-Ons Are Worth It for Business Owner’s Policy?5.3. What Does Business Owner’s Policy Exclude?6. Tools and Equipment Insurance for Travel Agencies6.1. Does Tools and Equipment Insurance Cover Wear and Tear?6.2. What Are the Coverage Limits for Tools and Equipment Insurance?6.3. What Tools and Equipment Add-Ons Are Valuable for Travel Agency Companies?7. Commercial Auto Insurance for Travel Agencies7.1. What Are the Coverage Limits for Commercial Auto Insurance?8. Workers' Compensation Insurance for Travel Agencies8.1. Is Workers Compensation Insurance Important for My Travel Agency Business?9. Cyber Liability Insurance for Travel Agencies9.1. What Are the Coverage Limits for Cyber Liability Insurance?10. Commercial Umbrella Insurance for Travel Agencies10.1. When Do I Purchase an Umbrella Policy?10.2. What Are the Aggregate Limits of an Umbrella Policy?10.3. Why Purchase an Umbrella Policy?11. Travel Agency Travel Insurance12. Travel Agency Insurance Cost13. Best Travel Agency Insurance Companies13.1. NEXT Travel Agency Insurance 13.1.1. Pros13.1.2. Cons13.2. The Hartford Travel Agency Insurance 13.2.1. Pros13.2.2. Cons13.3. CoverWallet Travel Agency Insurance 13.3.1. Pros13.3.2. Cons13.4. Tivly Travel Agency Insurance 13.4.1. Pros13.4.2. Cons13.5. Thimble Travel Agency Insurance 13.5.1. Pros13.5.2. Cons13.6. Hiscox Travel Agency Insurance 13.6.1. Pros13.6.2. Cons13.7. Travel Guard Insurance for Travel Agents 13.7.1. Pros13.7.2. Cons13.8. Allianz for Travel Agents 13.8.1. Pros13.8.2. Cons

Did you know that there are over 30,000 travel agents employed in the United States. People will always travel to unwind. Some will go to popular beaches to enjoy renting jet skis. Others who are not afraid of the winter’s cold might visit Europe’s ski resorts to challenge the slopes. Of course, daredevils might book travel packages in order to reach popular skydiving locations.

There’s a lot of money to be made when running a travel agency. Nonetheless, the risks you face might disrupt revenue generation. A client might file a claim against your business for violation of good faith because his tour guide didn’t show up. It’s also possible for the tour operator you partnered with to file a claim for breach of contract or advertising injury.

The best way to protect your business assets is to construct excellent insurance package. This article will help you learn about the components of a good travel agency insurance policy.

General Liability Insurance for Travel Agencies


CoverWallet NEXT (Best)ThimbleHiscoxThe Hartford
Per occurrence limit $1,000,000$1,000,000$1,000,000/$2,000,000$2,000,000$1,000,000/$2,000,000
Aggregate limit $2,000,000$2,000,000$1,000,000/$2,000,000$2,000,000$1,000,000/$2,000,000
Products and completed operations aggregate limit $2,000,000

$1,000,000$2,000,000$1,000,000$1,000,000
Advertising injury coverage aggregate limit $1,000,000$1,000,000$2,000,000$1,000,000$1,000,000
Tenant’s legal liability coverage limit 
$300,000/$1,000,000
$300,000$100,000$100,000$1,000,000
Waiver of subrogation included?YesNoIncludedCan be includedNo
Hired/non-owned auto liability coverage included?YesNoNoCan be includedCan be included
Equipment breakdown floater included?No YesYesCan be includedCan be included
Can you get a certificate of insurance online?YesYesYesYesYes
Name additional insureds?YesYes
YesYesYes
Deductible$0$0$0$0$0


General liability insurance for travel companies covers claims of bodily injury, personal injury, and property damage caused by your business operations. Some examples of when to use this travel agent liability insurance policy are listed below:

  • A customer slips and falls while in your travel agency office

  • Your business is sued because you are accused of stealing a marketing idea

  • An employee of yours fails to book a flight for a customer, causing them to miss a trip


What General Liability Add-Ons Are Suitable for Travel Agencies?

Travel agencies might want to add coverage for liability related to employment-related practices. This protects your company against claims of wrongful termination and invasion of privacy by an employee. 

Another add-on to consider is product liability insurance. This protects your company when a product you sell causes bodily injury or property damage to a customer or member of the public.


What Are the Coverage Limits for General Liability Insurance?

Typically the coverage limits for general liability insurance are $1 million per occurrence and $2 million.


Do Independent Travel Agents Need General Liability?

Yes, they still need general liability Insurance for independent travel agents. Independent travel agents can work from anywhere and act as any other travel agency does. This means they can be exposed to the same types of liability that you would want general liability for.


Professional Liability Insurance for Travel Agencies


CoverWallet NEXTThimble (Best)HiscoxThe Hartford
Per occurrence limit $1,000,000$1,000,000$1,000,000/$2,000,000$1,000,000$1,000,000
Aggregate limit $2,000,000$2,000,000$1,000,000/$2,000,000$1,000,000$2,000,000
Name additional insureds?YesYesYesYesYes
Waiver of subrogation included?YesNoYesCan be includedNo
HIPAA coverage included?NoNoNoNoNo
Sexual misconduct coverage included?NoNoNoNoCan be included
License defense coverage included?NoNoNoNoCan be included
Deductible $500$500$500$50/$10,000$500


Travel agent professional liability insurance protects your travel agency business against mistakes that you or your travel agents may make on the job. Some examples of when to use this policy include:

  • Your agent fails to inform a customer about a travel condition, causing them to miss their trip

  • An agent lost some important documents a customer needs to successfully book a tour


Is Error and Omissions in Travel Agency Insurance Different From Professional Liability?

e&o insurance for travel agents is another name for professional liability insurance. This means that the best e&o insurance for travel agents offers identical coverage to your standard professional liability policy. It will cover your business against claims of negligence and mistakes to its customers. These claims can result in lawsuits from any bad advice your travel agents might give.


What is Professional Indemnity Insurance?

Professional indemnity insurance for travel agents is yet another name for professional liability insurance. Professional indemnity insurance for travel agents can also be called travel agent e&o insurance. All of these policies cover perils and incidents that are caused by a mistake as well as the business from claims of negligence, inaccurate advice, breach of contract, and other covered perils. 


What Are the Coverage Limits for Professional Liability Insurance

Travel agent errors and omissions insurance typically has a $1 million per occurrence limit. This means that the insurance company will pay up to $1 million to cover any single claim. It also has a $1 million aggregate limit, meaning that during the policy's lifetime, the insurer will only contribute up to $1 million to cover all claims.


Public Liability Insurance for Travel Agencies

Travel agency business insurance programs will sometimes utilize public liability insurance policies that protect your business against claims by the general public. Examples of when these policies will be helpful include:

  • A person from the general public trips and hurts their leg in your travel agency office

  • Someone says that your travel agency has invaded their privacy through its operations


What Are the Coverage Limits for Public Liability Insurance?

Your travelers insurance company will offer a public liability coverage having a $1 million-$2 million per occurrence and aggregate limit. 

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Commercial Property Insurance for Travel Agencies


CoverWalletNEXT (Best)ThimbleHiscoxThe Hartford
Building coverage limit (minimum)$50,000$260,000$25,000/$500,000$25,000$60,000
Contents coverage limit (minimum)$50,000$22,000$25,000/$500,000$25,000$60,000
Outdoor signsExcluded$2,500ExcludedExcludedExcluded
Accounts receivable ExcludedExcluded$5,000/10,000IncludedExcluded
Money and securitiesExcluded$2,500$1,000IncludedExcluded
Lock and keys Excluded$2,500ExcludedExcludedExcluded
Business interruption floaterExcludedIncludedIncludedIncludedExcluded
Equipment breakdown floaterExcludedIncludedExcludedExcludedExcluded
Inland marine insurance floaterExcludedExcluded$10,000ExcludedExcluded
Employee dishonesty floaterExcluded$5,000$2,500IncludedExcluded


Travel agent insurance coverage with a commercial property policy allows your business building and business personal property to be protected from damage. This policy will help you with the costs to pay for or repair damaged property due to physical events. Times to use this policy include:

  • Your travel agency office gets burned, and you lose electronics and company documents

  • Someone breaks into your travel agency commercial business and steals company assets


What Are the Coverage Limits for Commercial Property Insurance?

Commercial property insurance has an average coverage limit of $60,000 for small businesses. This coverage limit is determined by the value of your building and business personal property that needs protection.


What Add-Ons Are Good to Get for Commercial Property Insurance?

Travel agencies may want to get earthquake insurance, depending on where they are located. Earthquakes and landslides can be devastating sources of financial damage that is typically excluded from the average policy.

Another add-on to consider is business interruption insurance. While commercial property protects against physical damage, business interruption protects from the consequences of that physical damage, like moving costs, lost income, and more.


Is All Property Damage Covered by Commercial Property Insurance?

No, commercial property insurance does not cover everything. First, you will only be covered up to your coverage limit for any damages. Second, any property damage due to negligence or intentional harm on your part will not be eligible for this policy.