Protect Your Insurance Business
From negligence like failing to secure coverage for a client to loss of sensitive client data to bodily injury, insurance agents have to be prepared for the potential financial impact from a wide range of risks.
At biBERK, we provide tailored business insurance coverage at savings of up to 20%. Whether you need errors and omissions, workers' compensation, general liability, business owners, umbrella, or cyber insurance, just complete a simple form online or speak with our licensed insurance experts to get a fast, free quote.Plus, with biBERK, you can purchase a policy, manage it, and submit claims online for ultimate convenience.
Who Needs E&O Insurance for Insurance Agents?
Insurance agents face many risks. Employee injury is always possible, and workers’ comp is state-mandated for many businesses, so that coverage is important. Accidental fires and computer theft or damage should be covered by a business owners policy. Errors and omissions or E&O insurance (also known as professional liability insurance) protects you from things like failing to schedule a new car or sell the insured a high enough limit. Plus, many insurance companies require E&O insurance in order to appoint insurance agents. Also, many client interactions require a Certificate of Insurance, which is available online as soon as you purchase a policy from us.ailing to do something (an omission) – even if that claim proves to be unfounded.
Any Insurance Agent Needs E&O and Other Business Insurance, Including:
- Commercial lines agents
- Insurance agencies
- Insurance agents
- Insurance broker
- Insurance companies
- Insurance consultants
- Insurance salespeople
- Life and health agents
- Personal lines agents
- Property and casualty agents
What are the Different Types of Insurance Agent Business Insurance?
At biBERK, we offer seven different types of insurance for small business owners like you. Depending on the location of your business and other factors, certain types might be better for you than others.
Workers' Compensation Insurance
This insurance helps protect your business if an employee is injured, contracts an illness, or dies as a result of an incident on the job. It can cover medical costs, legal fees, and lost wages due to the injury.chevron_rightWorkers' Compensation
Professional Liability Insurance
Also known as errors and omissions (E&O) insurance, this policy could protect you from the cost of damages and legal fees when someone claims your professional service caused financial harm to them or their business. Coverage includes both mistakes on the part of your business (errors) and the failure to perform a service (omissions). Professional liability insurance should be considered if your business provides professional advice, offers a professional service, or has contractual requirements for the coverage.chevron_rightProfessional Liability
General Liability Insurance
Also known as commercial liability insurance, a general liability policy covers damages and legal costs associated with injury claims by customers and other people you don't employ, damage to other people's property that was caused by your business, and medical costs associated with these incidents. It also covers libel, slander, and copyright infringement. Plus, there are endorsements you can add to customize your policy, including cyber, hired and non-owned auto liability, employment-related practices liability, and employee benefits liability.chevron_rightGeneral Liability
Business Owners Policy
Also called property & liability insurance, a business owners policy (BOP) combines general liability insurance with coverage for your company’s property. You'll get protection for the building you own, space you lease, and any property needed to run your business, while also receiving coverage for things like business interruption. This can replace lost income, as well as cover other costs associated with getting your business back up and running after suffering property damage, such as the use of a temporary location. You can also tailor your BOP with add-ons including cyber, hired and non-owned auto liability, employment-related practices liability, and employee benefits liability.chevron_rightBusiness Owners Policy
This coverage can be purchased as an add-on to a general liability, professional liability, or BOP policy. It helps cover costs related to system hacks or data security breaches in which sensitive information has been stolen and fraud has occurred or there is a reasonable expectation that it might occur.chevron_rightCyber Insurance
Every insurance policy you purchase has a maximum value that it will cover in the event of an incident. Umbrella insurance adds another layer of protection: it can cover costs that exceed the limit of another liability policy, subject to its own limit. Without it, you may be responsible for anything over your policy limit. Business liability suits can easily exceed the actual value of many small businesses, so we highly recommend an umbrella policy to protect your company.chevron_rightUmbrella
Why biBERK for E&O for Insurance Agents?
We’re the experts when it comes to small business.
Get a quote entirely online or speak with one of our insurance experts right away for help getting a quote, buying a policy, or answering any questions you may have.
We insure your small business directly, without a middleman or insurance broker, so we pass that savings on to you—up to 20% less than policies with other insurance companies.
We're part of Warren Buffett's Berkshire Hathaway Insurance Group with millions of satisfied customers, more than 75 years of insurance experience, and $38 billion in paid claims in 2020.