Catering your staffing company to handle specific or niche industries is a great way to market your business. Insuring it against financial loss due to a claim isn’t necessarily as simple. Staffing insurance solutions offer a variety of common insurance policies along with tailored additional plans to fill any gaps in coverage.
Traditional Staffing Insurance
- Most staffing companies can benefit from the same types of insurance. Not every state requires the same coverage limits or even all the same policies. An agent can further go over the available requirements for the location of the staffing firm. Typical policies needed to cover exposures include but are not limited to:
- Errors and omissions insurance
- Property insurance
- Health insurance
- Workers compensation
- General liability insurance
Working with Niche Industries
Traditional staffing insurance policies are often a good idea regardless of the type of business you operate. However, niche industries often have additional requirements for both the temporary employees and the staffing firm. Any contract signed should detail the exact insurance policies the client expects the firm to carry. Some may want additional policies like hired and non-owned auto liability or umbrella coverage.
Continue to provide workers for niche industries with the peace of mind offered by staffing insurance solutions. Knowing the expectations of the niche industry owners can better prepare you to determine the insurance policies you need.