Management Consultant Insurance

You can save up to 25% in discounts on management consultant insurance.*

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Management consulting insurance can help protect you from

Business errors

A client or customer accuses you of making a professional mistake that costs them money.^**

Claims of professional negligence

Someone claims your inaction or wrongdoing caused financial loss or personal harm.

Legal fees and defense costs

You need an attorney to defend your business in a lawsuit after a claim.

Get management consultant insurance that’s fast, easy and affordable

NEXT specializes in small business insurance. Business insurance for your management consulting business can help protect you, your company and your employees from the cost of unexpected events.

NEXT makes it easy to:

Check prices, get covered and buy 100% online in about 10 minutes.
Manage your policy 24/7 via web or mobile app.
Pay monthly or annually and cancel anytime.
Get unlimited certificates of insurance (COI) to share proof of insurance at no extra cost.

NEXT specializes in business insurance for management consultants

Insurance for consultants in management is usually several types of policies, and you can save up to 10% when you bundle two or more. Your coverage may include:

General Liability insurance

Protection for damage to other people's property and injuries to non-employees

Even in a consulting role, accidents can happen. If you visit a client’s site and accidentally damage their property, or a client has a slip-and-fall accident in your office, a general liability insurance policy can help cover the cost of repairs, medical bills and legal fees. General liability coverage is an important type of coverage for management consultants who work face-to-face with clients or provide consulting services onsite.

general liability can help you pay for:

Medical payments for bodily injury

Property damage to other people’s property

Legal fees and judgments

Employment practices liability insurance (EPLI)

Professional Liability insurance (E&O)

To help protect you from errors and mistakes at work

Professional liability coverage is also known as professional indemnity insurance for management consultants (or errors and omissions insurance – E&O). This type of coverage could help if a client accuses you of making a professional mistake that leads to a financial loss – whether the claim is found to be true or not. Even if you’re not found at fault, the cost of your legal defense could be large and the interruption to your business could be severe.

professional liability can help you pay for:

Professional negligence (actual or alleged)

Legal defense costs

Legal judgments

Workers’ Compensation insurance

For business owners who hire employees

If you run a small management consulting firm with employees, most states require workers’ comp insurance. Workers’ compensation insurance can help cover medical expenses and lost wages if someone on your team becomes ill or injured at work.

workers compensation can help you pay for:

Medical expenses

Lost wages

Employer liability

Commercial Property insurance

Protect your business gear, goods and building

If you lease or own a business/office space – even if your office is in your own home – commercial property coverage could help protect your business gear, furniture, flooring and fixtures. If business property in your space is damaged due to a covered event such as a burst water pipe, fire, theft or vandalism, a property policy could help with replacement or repair.

commercial property can help you pay for:

Damaged business equipment

Repair or replacement for damaged building fixtures

Lost income if you’re forced to close after a covered event

Cyber liability insurance

Coverage for data breaches and cyber threats

Management consultants often work with sensitive financial, operational and/or employee data. If networks or computer systems are breached — or confidential information is exposed — cyber insurance could help cover related costs like client notifications, legal fees and data recovery. It can also help protect you and your business from the costs involved if your business systems fall victim to a digital attacks like phishing, wire fraud and more.

cyber liability can help you pay for:

Data breaches

Cyber attacks

System failures

NEXT Insurance reviews

business insurance

awesome speed and ease to get insurance in place

Brian O.

Seamless Setup

Excellent and responsive customer service and seamless set-up of WC Insurance. After trying to expand with my current provider and not having the follow up that I expected, I found...

Sherry A.

Business insurance

Affordable coverage quickly and efficiently, would definitely recommend ……

Melvyn W.

Easy

The process was clean and simple

Melanie M.

Excellent Service

Always a pleasure to do business with. Thank you for your efficiency and customer service. Thank you!

Ryan A.

Easy to sign up and competitive rates

I was looking for liability insurance as a subcontractor to a group that required such insurance. Next was quite easy to apply to online and seems to have a good customer satisfact...

Guy G.

Quick and easy = provisionally excellent

The process of securing a reasonable policy at a good price was excellent. Hopefully it will never be drawn on. That, of course, would be the real test of whether a policy is as go...

Mark S.

Great Fit

super easy. i filled out what i did and what i needed and "poof" i got my offers. very reasonable.

Charles K.

Thank goodness for NEXT

When I started my coaching and consulting business in Alaska, I wasn't sure where to start when in came to insurance coverage. NEXT made it ridiculously easy to sign up. A few taps...

Krysta V.

Great experience! Made it really

Great experience! Made it really easy to do business with Next! NextLevel Solutions, Inc appreciate the great customer experience!

Ronnie S.

Save up to 25% in discounts on management consultants insurance

Pay monthly or annually, and you can cancel at any time.

Basic

Lowest Price

General Liability

Per occurrence

$500,000

Professional Liability (E&O)

Per occurrence

$500,000

Workers’ Comp

Per accident

$100,000

Commercial Property

Per occurrence

$25,000

Pro

How much does management consultant insurance cost?

Premiums for management consultant insurance are more affordable than you may think. The exact price you’ll pay for your business insurance cost depends on a number of factors, including:

The type of work you do.
The types of clients you have.
Your business location.
Your number of employees.
Annual revenue.
The coverage limits and deductible you choose.
Your insurance claims history.

The best way to know for sure what you’ll pay is to check our prices. In about 10 minutes you’ll see the exact cost of tailored coverage for your business.

How can insurance for management consultants help your business?

You might need management consultant insurance to help your business:

Defend against claims of professional negligence. If a client sues you for a professional mistake that leads to revenue loss, professional liability insurance could help cover legal costs.
Protect your workspace and equipment. If you own, lease or rent an office, commercial property insurance could help cover building damage or theft of business property.
Hire employees. Most states require workers’ comp insurance for businesses with employees.
Drive for business. Business-owned vehicles and personal vehicles you drive for work typically require commercial auto insurance.

Management Consultant insurance FAQ

If you don’t find answers to your frequently asked questions here, our licensed, U.S.-based insurance advisors are standing by to help.

What do I need to get an insurance quote online?

It takes about 10 minutes to get a business insurance quote online with ERGO NEXT. We’ll ask a few questions about your business — like what you do, your location, how many people you employ and the vehicles you use for work. You’ll choose your options and see prices. If you like what you see, you can buy online and get a certificate of insurance (proof of insurance) on the spot.

How can I get a certificate of insurance (COI)?

Once you have an ERGO NEXT policy, you’ll have instant access to your certificate of insurance 24/7 via web or app. Log in to your account and download your COI, or have it delivered via email or text at no additional cost. Get unlimited certificates and add an additional insured as you need them. Make changes to your coverage and your COI updates automatically.

How do you file an insurance claim with ERGO NEXT?

If you’re a policyholder, simply log in to your account and file a claim. We will contact you shortly after you submit to go over the details. Our support team is standing by to help.