Cyber Liability Insurance protects you from the theft of sensitive data. If you suffer a data breach or software attack, Cyber Liability Insurance will cover the costs of notifying and restoring affected customers, recovering data and repairing security systems.
Workers Compensation covers your employees' medical costs and lost wages while recovering from a work-related injury or illness. The employee gives up the right to sue your company in return for receiving cash and benefits from Workers Compensation. In some states it’s mandatory for businesses!
General Liability Insurance protects your small business against claims of third-party bodily injury and property damage, reputational harm and advertising injury. It covers medical bills, repair costs & legal fees.
Professional Liability Insurance (or E&O Insurance), protects your small business from claims of mistakes, negligence or malpractice made when providing your services that caused somebody financial loss. PLI covers your legal defense costs, damages and settlements.
Why do Media Buying Agencies need insurance?
These establishments buy advertising space or time, which they sell to advertising agencies. Media Liability would be ideal for this type of businesses, as they will be covered against errors made while providing service to their clients.
As a business selling advertising space, you face many unique risks that could cost business if you face a lawsuit. A lawsuit could dig into your business assets and profits that could otherwise be used to better improve your business. Your insurance will make sure that your assets and profits are protected by paying for the fees associated with the covered risks and all it takes is just a small monthly fee.
What risks do Media Buying Agencies face?
Media buying agencies have unique sets of risks, below are some of those:
How much does insurance for Media Buying Agencies cost?
There is no fixed cost for the insurance of media buying agencies as insurance companies will have several categories to define the cost of your insurance policies. If you want to find out the cost of your insurance policy quick, simply apply online to get a free quote or contact our insurance experts.