Insurance for Insurance Agencies and Brokers

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

Coverage Plans for All Your Needs

BASIC

Essential coverage against professional mistakes


Errors & Omissions (E&O)

From
39
Month
Instant quote »

Includes:

  • Professional negligence
  • Retroactive claims (previous contracted work)
  • Subcontractor errors
  • Duty to Defend

STANDARD

To protect your customers and your property


Errors & Omissions (E&O) + Business Owners Policy (BOP)

Instant quote »

All Basic plan benefits and:

  • Bodily Injury
  • Damage to third party property
  • Business Personal Property
  • Personal Injury
  • Lost business income
  • Equipment Breakdown coverage

PRO

Get protected against cyber-related issues


E&O + BOP + Cyber Liability

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All Standard plan benefits and:

  • Data breach
  • Third part advertising injury claims
  • Network failure
  • Extortion
  • Loss of physical records or devices

CUSTOM

When you have specific requirements


Including Workers Compensation, Hired & Non-Owned Auto etc.

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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

As insurance is a service-based industry, agents and brokers have their own risks related to the services they provide. Brokers not only collect private information from their clients but also handle claims and provide advice to clients. Any of these services can be risky, particularly if some errors occur somewhere in the process of managing client accounts.

Act Now, Get Protected Easily, Quickly and Affordably

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

Get a free quote, all you need to enter is your zip code to get started.

Or call (646) 844--9933 anytime.

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Frequently Asked Questions

How much does insurance cost for Insurance Agencies and Brokers?

The cost for an insurance agent's Errors & Omissions coverage is most often rated on the premium sold per year and the types of insurance products provided. Most insurance carriers will also review industry experience and loss history.

Why do I need insurance as an Insurance Broker?

Insurance is a massive financial service utility for the modern world. It is insurance agents who are most responsible for placing the right coverage for their customers. If an error is made in the process the liability exposure is much larger than for other professional services. Errors could arise when:

  • Advising clients on their insurance needs
  • Pairing clients with the appropriate insurer
  • Collecting premiums
  • Renewing client policies

During these regular duties, and with many others, your business can make mistakes. For example, you may forget to suggest an Employment Practices policy when selling D&O, which later turns out to be necessary. Even if you do not represent yourself as a full-service advisor, the client could make a claim against you for negligence in the placement of management insurance.

Do I need Cyber Liability as an Insurance Agency?

Business transactions over the internet are key to business function today, and it's nearly impossible to provide a professional service without utilizing the infrastructure. Unfortunately, there are countless bad actors also utilizing the internet and its easy access to the information. Cyber Liability insurance protects your digital footprint and is there to keep you in business if your customer's information is compromised.

How to get a certificate of insurance as an Insurance Agent?

To get a certificate of insurance, simply call your business insurance provider and explain your needs. Explain the minimum coverage amounts and the agent will confirm if the policy meets your requirements.

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.

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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!

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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?

Enter your zipcode to get started or call (646) 844--9933 anytime.