Insurance for Tutors

Professional liability insurance is also called errors and omissions (E&O) insurance. It provides coverage things you did that you shouldn’t have (errors) and things you should have done that you didn’t (omissions). It also provides coverage for personal injury incidents like libel or slander. It can also cover the cost for you to defend yourself, and claims of negligence for services rendered in the past.

For example, a parent might want reassurances their child will pass the SATs or MCATs. However, the child does not remember what the tutor taught them and fails the exam. The parent might later say the tutor gave poor instructions. They may then take legal action for breach of contract even though the tutor is not at fault.

Professional indemnity insurance covers defense costs, judgments, and settlement costs. It protects against claims from private clients, schools, students, and local education authorities. It is helpful if someone makes an accusation against a tutor, such as alleging that the tutor missed a topic in the syllabus.

General liability insurance is also called commercial general liability (CGL). It can protect you from claims and helps you avoid dire financial implications.

For example, a fire could break out in your office and harm a student. Your general liability insurance policy can cover the cost of the student’s medical care. Or, suppose you are tutoring in a student's home, and their family has priceless collectibles. If an item falls over accidentally or there is a spill on an antique rug, they may make a claim against your business. General liability insurance could protect your business by covering the cost to replace the item.

Learn more about how much general liability insurance costs.

For tutoring businesses, a business owner's policy (BOP) is a great policy to start with. It combines business property and general liability insurance, protecting you against third party claims as well as damage to your own property.

With a business owner's policy, if a student falls on your property, you have coverage for medical and associated costs. If the small storefront you rent gets damaged in a storm, you have coverage for damage to your furnishings and equipment. You can make repairs and get your educational business running again.

Cyber security insurance, sometimes called cyber liability insurance, protects businesses against computer- and technology-related losses. It covers things like data breaches, ransomware attacks, data recovery costs and the cost to comply with regulatory proceedings in the event of a cyber incident.

Some small business, like tutors, believe they are not at risk for a cyber attack because they think only large companies get attacked. But cyber criminals are opportunists, and businesses of all sizes are vulnerable.

If your tutoring business has a website, accepts credit cards or other forms of electronic payment, or uses email to communicate, you could experience a cyber incident. Cyber security insurance from Hiscox can cover the associated costs and provide expert assistance on how to handle an attack or data breach.

Find out how much cyber security insurance will cost for your tutoring business by getting a quote. Your business could be covered today.