Are you a travel agent that’s been wondering, “Do travel agents need insurance?” The answer to whether you should consider insurance is that travel agents typically should obtain insurance to help protect themselves and their business against various risks.
Some common types of insurance coverage that travel agents might consider include, but are not necessarily limited to: professional liability insurance to help protect against claims of negligence or errors, general liability insurance to help protect against third-party bodily injury and property damage claims, property insurance to help cover your business assets like your office furniture, and cyber insurance to help cover claims arising from data breaches and cyber attacks.
If your travel agency has a certain number of employees, you may be required to obtain workers' compensation insurance.
Travel agents should consult an insurance professional to help them determine the specific coverage needed for their business.