Insurance for Consulting Businesses from the Lambert Agency
Your clients don’t have the in-house expertise or time to deliver what you can as an external consultant. They have their business to operate, and when they need help, they turn to you. Protect you and your business with a Premier Businessowners insurance policy, so you can continue to bring your knowledge and experience to a specific problem or project, providing the insights and services that help your clients thrive.
Whether you own your own consulting office building or lease space downtown, the Lambert Agency understands the unique needs for consulting firm insurance. Let us partner with you and take some worries off your plate. And since business insurance for consultants’ offices is one of our specialties, we can work with you to select a plan that fits your business and your budget.
Learn about Consulting Firm Insurance
To get you started, here are some common concerns most consultants and consulting firms have, along with ways we can help with insurance for your consulting business and tools you can use. When you’re ready to speak to an agent, call us at (205) 879-7283 and ask for a customized consultant office insurance quote.
Why the Lambert Agency for Protecting Your Consulting Office?
You probably have questions about the best ways to protect your consulting office. Here are some of the most commonly asked questions related to business insurance for consulting firms. Contact the Lambert Agency to help answer additional questions.
Q. How does the Lambert Agency understand that consultants are different from other businesses?
A. A consultant can be anything. But you’re not. You are an expert in your very specific field. And if your specialty is not insurance, that’s why the Lambert Agency is here.
From your business property to your electronic documents, we help you protect the items that enable you to deliver your expertise. And, let’s face it, that is your business.
Q. What specific coverages do consulting offices need?
A: Consulting offices need:
- Premises Liability Coverage
- Valuable Papers and Records Coverage
- Electronic Data Processing Coverage
- Computer Coverage
- General Liability Coverage
- Accounts Receivable Coverage
- Business Auto Coverage
- Business Umbrella Coverage
Q: Does the Lambert Agency offer these coverages?
A: Yes.
Q: Does the Lambert Agency offer Professional Liability Coverage (Malpractice Coverage) for consultants?
A: The Lambert Agency does not offer Professional Liability Coverage, but we can work with a partner company to offer a solution for this exposure.
Q: What type of coverage is often overlooked for consulting offices?
A: Valuable Papers and Records Coverage – Consultants often have records, documents and reference materials that are expensive to replace. They also have client documents in their office.
Business Auto Coverage – This coverage protects your investment in your vehicle(s), damage to the property of others, injury to those involved in an accident and the future of your business in case you become the target of a lawsuit. Make sure you ask your agent about this coverage.
Flood insurance – The Lambert Agency does not offer flood insurance, but your agent can connect you to the National Flood Insurance Program, which is a government-sponsored insurance that offers up to $500,000 in coverage.
Q: What is umbrella insurance?
A: It’s a way to add higher limits to your existing insurance. For example, if your current liability policy covers a $1 million lawsuit and you are successfully sued for $2 million, umbrella insurance can cover the difference. Best of all, we can provide this excess liability coverage over your business vehicles as well as your business liability.
Q. Can the Lambert Agency meet all of my insurance and financial needs?
A. Yes. We offer a full range of personal and business insurance products. We also offer financial services, mortgage and banking services. This means we can cover your home, personal autos, business vehicles, workers compensation, life insurance, business property and liability, personal and commercial umbrella, mortgages, loans and investments.
Q. If I have several locations, do I need to have several policies?
A. No, the Lambert Agency can all of your locations on one policy, saving you money.
Q. How is the Lambert Agency rated, and what does this rating mean?
A. Nationwide is rated A+ (Superior) by A.M. Best, an independent insurance benchmarking group. The superior rating is assigned to companies that have a superior ability to meet their ongoing obligations to policyholders.
Q. What can you do to help me as my business changes?
A: We offer periodic insurance reviews of your business and your coverage. These reviews are triggered by opening a new location, adding on to existing space, changes in the industry from court rulings, when a claim has been made and at renewal time. All of these moments have insurance coverage implications and we want to make sure you are adequately protected.