Insurance for Employment Placement Agencies

Get business insurance with optimized coverage to meet your exact needs

Prefer to speak with a CoverWallet consultant? Call (646) 844-9933 anytime.

Better, Regardless of Your Size

  • Same-day insurance quotes that get you back to hiring

    For just a few seconds, you can get a free quote and purchase your insurance. Our smart and easy online application will get you protected in no time at all.

  • Same-day insurance that gets you back to hiring in an instant

    All it takes is just a few easy steps to get insured, and you can even do it from your smartphone! Simply apply online, get a quote, and you'll get insured instantly after paying for your first installment.

  • Low-cost insurance plans with the right insurance

    Insurance tailored to your industry. Fast and professional service for staffing agencies.

  • Protect your job, get them hired. Get a quote today

    We can protect your business regardless if you have a bad credit score, fines, or lawsuits. Don't hesitate to give us a call and get started on getting insured immediately.

Coverage Plans for All Your Needs

BASIC

Essential coverages for your staffing agency

General Liability (GL)

From
39
Month
Instant quote »

Includes:

  • Coverage against claims from bodily injury, property damage and personal injury
  • Coverage for products/completed operations
Get BASIC plan

STANDARD

Protect your business against service errors

General Liability + Errors & Omissions (E&O)

From
59
Month
Instant quote »

All Basic plan benefits and:

  • Professional negligence
  • Retroactive claims (previous contracted work)
  • Subcontractor errors
Get STANDARD plan

PRO

Get protected against your own employment-related issues

Business Owners Policy (BOP) + Workers Compensation*

From
59
Month
Instant quote »

All Standard plan benefits and:

  • Coverage for work-related accidents and disease and subsequent:
    • Ongoing medical care (such as rehab)
    • Missed wages during recovery

*plus Workers Compensation

Get PRO plan

CUSTOM

When you have specific requirements

Including Commercial Auto, Commercial Property, etc.

From
___
Month
Instant quote »

ALREADY INSURED?

We will take care of the switching hassle.

Call us at (646) 844-9933 for help and more information

We've Got You Covered with Coverage You Need

Recruiters and staffing agencies work to put workers in the right position for their current needs. There is always the risk of improper advice to a client, promising a position or contract that does not work out, data breach, as well as the loss of your own office or other assets. Several coverages combined can keep your agency running properly and away from financial loss.

General Liability

A single accident could cost you a large amount in a lawsuit that any business wouldn't be able to handle. Protect your business with General Liability insurance. General Liability will cover third-party claims of property damage, advertising mistakes and bodily injury and others that can arise during your business operations.

Business Owners Policy

Business Owners Policy (BOP) combines the benefits of property and liability insurance, but additional insurance can be added depending on your businesses needs. With this type of insurance, you can pay only for one premium instead of paying for them separately. The insurance will safeguard against unexpected losses that General Liability insurance won't be able to cover.

Commercial Auto

Commercial Auto insurance is like your personal auto policy but with higher limits and better coverage. This insurance covers business-owned vehicles with protection and financial assistance against a vehicular accident, vandalism, theft, storm or any other natural disaster. The insurance will pay for the repair, replacement, medical and legal costs occurred during the event.

Workers Compensation

Whether the state requires it or not, Workers' Compensation will cover medical and rehabilitation expenses when your employee becomes ill or injured on the job. The insurance will also cover wage replacement, cost of retraining if needed and benefits to the surviving family members if a worker is killed on the job. Also, the employee relinquishes rights to sue in these cases.

EPLI

A type of liability insurance, Employment Practices and Liability Insurance (EPLI) will cover the wrongful acts arising from the employment process. This insurance policy will cover the common issues ranging from wrongful termination, sexual harassment, discrimination, inappropriate worker's conduct, invasion of privacy, failure to promote and other related liabilities.

Professional Liability

Professional Liability insurance protects your business form the costs associated with the lawsuits relating to professional negligence. The insurance will cover the defense costs, including court costs, attorney fees, settlements and judgments your business is required to pay.

Act Now, Get Protected Easily, Quickly and Affordably

See how much you could be saving, with best in class insurance partners.

Start your application and get a free quote in minutes.

Or call (646) 844-9933 anytime.

Get protected easily with CoverWallet

Frequently Asked Questions

What risks could Staffing Agencies face?

The risks to staffing agencies can be great, regardless of whether you hire for temporary or permanent employment. Risk starts the moment you interview a potential employee. If you chose not to hire them you could face charges of discrimination for not hiring, sexual harassment and other potential liabilities.

How much does Staffing Agency Insurance cost?

The cost of coverage will depend on the policies you purchase, the types of professions you specialize in, and the annual revenue of your company. For instance, General Liability insurance can be as low as $300/year. Professional Liability (E&O) insurance as low as $600/year. Commercial Auto insurance averages $3,000 a year. A Workers' Compensation depends on the number of employees you have and starts at a few hundred dollars a year.

Do I need Workers Compensation for my Employment Placement Agency?

Yes, depending on how many employees you have it is likely mandated by your state that you carry it. After the first employee is hired it is prudent to take out a Workers Compensation policy.

How can I reduce the risk of my Staffing Agency?

You can build in risk mitigation processes and procedures. Your customer contracts should include indemnification clauses in your favor and you should set your customer's expectations when starting a relationship. Often, overpromising services can get a staffing company in trouble.

Peace of Mind, At Your Fingertips

CoverWallet utilizes state of the art technology to help small businesses understand and buy customized coverage, get significant savings and conveniently manage their insurance, in a matter of minutes, all through our online platform.

why coverwallet

Businesses Love CoverWallet

Our mission is to help small businesses to be better protected, informed and served. See what our customers are saying.

Testimonial John White

Personalized Service

5 stars service

John White, Restaurant Owner

I didn’t know what type of insurance I needed for my new business so I called CoverWallet and the agent provided me with everything in under an hour!

Testimonial Laura Campbell

Quick and Easy!

5 stars service

Laura Campbell, Distributor

There is nothing more that CoverWallet could have done to make the process any faster or easier. They made it as painless as possible.

Testimonial Anthony Williams

Honest and Transparent

5 stars service

Anthony Williams, Contractor

I was extremely satisfied with all services and communications with customer support. I would definitely recommend to others. Thank you CoverWallet!

We are making headlines!

Already insured?

No worries, keep your insurance, just get an account with us to manage your policies, certificates of insurance and more

Get CoverWallet »

Need help? Get free advice

Understand in 10 seconds what type of insurance your industry needs, and why

Insurance Assessment »

The Power Behind CoverWallet

Algorithms, Science, Magic
Customized, Intelligent Application
State of the Art Technology

Algorithms, Science, Magic!

You wanted better protection and cheaper pricing. So did we. We baked that dream into everything we've set out to accomplish in building our award winning platform.

Customized, Intelligent Application

We have one! How much could we have really improved the insurance purchase process? Try us! We ask only the questions you need to answer, nothing more.

State of the Art Technology

We've built all our fancy tech from scratch, which allows us to get you certificates on demand, free of charge, and for us to find you savings.

Are you ready to get down to business?

Start your application and get a free quote in minutes or call (646) 844-9933 anytime.

Thanks! We will now guide you through our online application. It only takes a few minutes.