Insurance for Other Services Related to Advertising

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Frequently Asked Questions

Why do Services Related to Advertising need insurance?

These businesses offer advertising services such as distribution, sign lettering, and painting services, store window dressing or trimming services, welcoming services, and merchandise demonstration services.

Even if your business is successful, disaster could strike at any moment and force you to close down. Insurance will make sure that this won't happen by paying for the costs associated with covered disasters. It is a way to mitigate the risk of unforeseen damage and helps keep your business running despite the disaster.

What risks do Services Related to Advertising face?

Below are some common risks services related to advertising can face:

  • Your advertising business has provided wrong information with regard to the advertisement you made for your client. This caused them to suffer huge financial losses, and they sue your business as a result.

  • An employee has said things to one of your clients that causes your client to file for a libel case.

  • Your employee gets injured from putting up ads on top of the building. As their employer, you are responsible for the medical payments of your employee.

How much does insurance for Services Related to Advertising cost?

There is no fixed cost for insurance related to advertising as it depends on various factors. Most of the time the cost relies on the size of your business, the number of employees, and the coverage required. Without taking these into account, below is the average cost of insurance for your business:

  • Professional Liability insurance costs $900 in annual premiums.
  • General Liability insurance costs $500 in annual premiums.

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