Pricing numbers are based on representative partner data for 2024-2026 general liability policies. Based on policies from Sep 25, 2024 through Sep 17, 2026.
GENERAL LIABILITY
Consulting - Other $21/month for general liability
WHY IT MATTERS
Why Consulting - Other need business insurance
Consulting businesses can face claims involving client injuries, disputed advice and employee accidents. The right coverage mix can help address these risks, subject to policy terms and exclusions.
SCENARIO 1
A visitor is injured
A client slips during a meeting and alleges your business caused the injury. General liability insurance may help with covered medical expenses, legal defense and damages.
SCENARIO 2
A client disputes your advice
A client alleges that your recommendation caused a financial loss. Professional liability insurance may help with covered defense costs and settlements.
SCENARIO 3
An employee is hurt
An employee is injured while performing work duties. Workers' compensation insurance may help with covered medical care and lost wages, subject to the policy and applicable requirements.
PRICING FACTORS
What determines your rate
Your actual quote depends on several factors specific to your operation:
Services provided
Advice involving complex operations, financial decisions or hands-on implementation may lead to a higher rate than lower-risk advisory work.
Business revenue
Higher revenue can indicate greater client activity and exposure, which may increase the rate.
Claims history
Previous claims can result in closer underwriting review and may increase the rate.
Employees and payroll
A larger team or higher payroll can increase the rate for workers' compensation insurance.
Coverage limits
Higher limits typically increase the rate, while the right limit depends on your risks and client contracts.
Client-site work
Frequent work at client locations can increase general liability exposure and may raise the rate.
Rate change by revenue tier
Estimated monthly premium range. These are estimates, not a quote — actual rates vary by business.
Most quoted tier: Under $100K
National data
National rate factors
For consulting businesses operating nationally, rates and requirements vary by state and by carrier.
Where work is performed
Working across multiple states can add underwriting considerations because exposures and requirements may differ by location.
Client contract terms
Contracts may require particular coverage lines, limits or endorsements, which can affect the rate.
Workforce locations
Where employees work can affect workers' compensation requirements and how the coverage is rated.
328
Quotes analyzed
43
States represented
3
Coverage lines
BEST RATE
How to get the best rate
Describe your services clearly
Prepare a concise list of your consulting services, client types and any implementation work so the quote reflects what you actually do.
Review client contracts
Identify required coverage lines, limits and endorsements before requesting a quote to avoid paying for unnecessary features or missing required protection.
Update business details
Gather current revenue, payroll, employee and location information so the application accurately represents your operations.
Document risk controls
Keep written client agreements, project scopes, approval records and workplace safety procedures ready for underwriting review.
FAQ
Common questions
What business insurance should a consulting firm consider?
The right mix depends on your services, workforce and contracts. Common options include general liability insurance, professional liability insurance and workers' compensation insurance, each addressing a different type of risk.
Does general liability insurance cover mistakes in consulting advice?
Generally, general liability insurance is not designed for claims alleging financial loss from professional advice. Professional liability insurance may respond to covered claims involving errors, omissions or disputed services.
What does professional liability insurance cover for consultants?
Professional liability insurance may help with covered claims alleging that your advice, services, errors or omissions caused a client financial harm. Coverage depends on the policy terms, exclusions and the circumstances of the claim.
Does a consulting business need workers' compensation insurance?
It depends on the business's workforce and applicable state requirements. Rates and requirements vary by state and by carrier, so employee roles and work locations should be described accurately.
What information is needed for a consulting insurance quote?
Be ready to provide details about your services, revenue, payroll, employees, client types, work locations, claims history and contract requirements. Accurate information helps the quote reflect your current operations.