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.

Benefits of Insurance for Insurance Agencies and Brokers

  • Get Certificate of Insurance (COI), even on your phone

  • The power of your business right at your fingertips

  • Insurance that meets the demand of modern businesses

  • Let us protect you, so you can protect your clients

Coverage Plans for All Your Needs


Essential coverage against professional mistakes

Errors & Omissions (E&O)

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


To protect your customers and your property

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

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All Basic plan benefits and:

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


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


When you have specific requirements

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

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We will take care of the switching hassle.

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

What insurance do insurance agencies and brokers need?

These policies provide coverage for the most frequent risks faced by insurance agencies and brokers:

Act Now, Get Protected Easily, Quickly and Affordably

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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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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!

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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.

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Honest and Transparent

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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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