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What sort of liability insurance does one need for a sole proprietor educational services business?
Wiki User
∙ 12y ago
Hi! You will need Errors and Omissions Insurance. This is basically a liability insurance policy that covers you, your employees and the company from claims of inadequate or negligent work.
In addition to E&O insurance, you may also need general liability and commercial auto insurance.
If you have a physical office and travel from location to location, general liability insurance will cover you in the event of a client or vendor being hurt while working on your job. A commercial auto policy will cover you if you are specifically using your vehicle for business purposes.
Last but not least, if you are planning on having employees, you must also have worker's compensation insurance to limit your liability if an employee is hurt on the job.
I hope this helps!
Wiki User
∙ 12y ago
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