Your company takes on substantial risk by providing this service, but the right coverage keeps you safe.
Resume writing business insurance is designed to protect your financial assets. It should be considered a powerful investment into your company’s present and future.
Remember that you carry the same risks as any other writing service, but with the added specifics of a CV.
The main component of resume writing business insurance has to do with liability protection. Naturally, there is more than that, but this is most certainly the jumping off point for your type of company.
All companies, no matter their nature, face certain types of liability risk. That said, there are some that are particular to your niche. If you aren’t certain as to what they are – or what they could become – it’s a good idea to speak with an experienced insurance agent. This will allow you to discuss your needs and customize your coverage so you will be properly protected without paying more than is necessary.
Start your resume writing business insurance with a solid general liability coverage policy.
Some of the types of risk your general liability insurance policy covers include:
- Bodily injury
- Medical costs
- Property damage
- Legal defense and judgment
- Personal reputation and advertising injury
Whether or not you are obliged to carry coverage has to do with your state, county and municipality. It’s important to investigate these regulations before making decisions regarding your policies in order to be sure they comply. That said, even if you are not required by law to carry coverage, it’s still a very good idea to protect yourself.
Remember that writing resumes is riskier than many other forms of writing services due to the nature of what you’re creating and/or editing. If your business is ever sued, you may find yourself facing extensive legal fees. For a small company, this can be financially devastating. That said, the right liability coverage will protect you against a substantial portion of those expenses.
In the United States, the average resume writing business insurance policy will usually cost around $300 to $600 per year for $1 million in coverage.