As the owner of a staffing agency, you already know that you’re required to have general liability coverage, the most basic form of temporary staffing insurance, in order to operate in your field. While the general liability plan certainly provides an excellent starting point, your company, your employees and your clients will often require more protection than just the basics if you really want to keep things professional and moving smoothly. Therefore, it might be a good idea to talk to your provider about some of the other available options, such as:
- Abusive acts liability
- Security and privacy liability
- Employee benefits liability
- Fiduciary liability
- Hired and non-owned auto liability
- Crime coverage
There are several other types of insurance available as well, each of them aimed at keeping the arrangement between all three parties safe, professional and predictable. In the event that something does go wrong, having additional coverage measures can help to protect you from severe financial repercussions, fines and other threats that the average staffing agency faces.
Of course, that doesn’t mean you’re required to have every type of coverage on the books. To uncover your weak points and decide what type of temporary staffing insurance you really need, reach out to the professionals for a little more information and for an evaluation of your business as a whole. Getting the coverage you need is crucial, and covering all of your bases is a must for a successful agency.