As a travel agent or the owner of a travel agency, your well-being is based on the satisfaction of your customers. Your customers place their vacation planning in your hands so they don’t have to worry about it. Unfortunately, in the travel industry, there are a lot of things that can easily go wrong and cause you problems.
Protect yourself and your agency by covering yourself with insurance specifically designed for travel agents. There are a few major types of insurance coverage that you should have as a travel agency — commercial property insurance, general liability, E&O, and workers’ compensation. Prime Insurance Market is here to help find you the best rates to cover your travel agency. Call us today for more information!
1. Commercial Property Insurance
Property insurance is important for any business that has a storefront location. This coverage will help protect the agency’s building in natural disasters or vandalism as well as any computers or other equipment you may have.
2. General Liability Insurance
General liability insurance, as it implies, provides a blanket of coverage for any incident that the travel agency may be found liable. This can be anything from customers falling on your property to damage of a customer’s belongings while on your property.
3. Errors and Omissions Insurance
Errors and Omissions Insurance is a bit more specific to travel agencies. Travel agencies cannot control the exact experience that every client has during their travels. E&O coverage helps to protect your agency when mistakes are made while booking a customers trip as well as when they are not satisfied with their trip.
4. Workers’ Compensation Insurance
Just like any business, if you have employees, you are going to need workers’ compensation insurance for your travel agency. This generally covers wages and medical costs in the event that an employee is injured on the job.
Prime Insurance Market
At Prime Insurance Market, we collaborate with some of the top insurance companies that offer travel agent insurance so that we can find the one that fits your needs at the best rate possible. The travel agency industry is not one that you can take the risk of not being covered in these pertinent areas. Contact Prime Insurance Market today to receive quotes and compare insurance companies!