3 Can’t-Miss Types of Insurance for Your Staffing Agency

Keep your employment or staffing agency safe with these three essential insurance policies.

The services that staffing agencies supply open them up for some major liability risks.  Because a staffing agency operates as the middleman between employers and employees, they have obligations to both parties.  If something goes wrong on either end, then your staffing agency can end up in the midst of the drama.  Luckily, you can protect your company and its assets by securing the right insurance coverage.  From general liability to workers’ compensation insurance for staffing agencies, here are the policy types that you need to cover all your bases.

  1. General Liability Insurance

    General liability insurance is one of the first policies that any business buys.  This is because this is the best protection against many of the liability issues that crop up during the course of running a business.  For instance, this type of insurance will offer coverage for things like third-party injuries, property damage, and advertising issues (such as copyright infringement).  Not only will this type of insurance compensate the affected party for their losses, but they will also offer coverage for your business’s legal and settlement costs if the injured party decides to sue.

  2. Professional Liability Insurance

    Also known and errors and omissions (E&O insurance), professional liability insurance will protect you if your business is accused of making a mistake or being negligent while rendering your professional services.  For instance, staffing agencies can run into professional liability issues if a client thinks you:

    • placed an employee lacking the right skills to complete the job.
    • failed to meet the conditions of a contract by a certain deadline.
    • failed to uphold industry regulations.
  3. Workers Compensation Insurance

    Workers comp insurance offers coverage to compensate employees for medical expenses and lost wages if they are injured on the job.   Most states have laws that require staffing agencies to carry some minimum amount of workers’ compensation coverage.  However, state laws can be tricky because some might consider your temps’ employees of your agency as opposed to employees of the company you place them in.  So, make sure you understand your specific state’s guidelines and speak to an experienced insurance agent to ensure that you have the right coverage to meet legal minimums.

Interested in speaking to an insurance team that has extensive experience working with workers’ compensation insurance for staffing agencies?  Then turn to the experts at PMC Insurance Group.  We are ready to get you the coverages you need to protect your employment or staffing agency.  Contact us to get started today.



Contact Us

By PMC Insurance Group

Since 1996, PMC Insurance Group has worked to help independent agents grow their client base by offering workers' compensation solutions for a wide array of businesses. As one of the most distinguished workers' compensation wholesalers in the country, we have the tools and resources to help you create coverage programs for both small businesses and large accounts.