How Much Does Senior Placement Liability Insurance Cost? A Low-Cost Option with HUB International & Jeff Schmidt

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If you're a senior placement agent, you already know the tremendous responsibility that comes with helping families find the right care for their loved ones. But what about protecting your business from the unexpected? Liability insurance is not only essential—it's an investment in your professional future.

How much does senior placement liability insurance cost? The answer might surprise you—especially if you're working with the right partner. At HUB International, Jeff Schmidt specializes in providing low cost placement agent insurance that meets industry standards without breaking the bank.

In this article, we’ll cover the typical costs, how you can reduce those costs, and why cyber liability insurance should be part of your protection strategy.

Understanding Placement Agent Liability Insurance

Senior placement agents serve as intermediaries between families and care facilities, offering guidance and recommendations during a sensitive and often emotional time. While your role is incredibly valuable, it also opens you up to potential legal risks.

Professional and General Liability Insurance is crucial to protect against claims of negligence, errors in service, or bodily injury that could occur during consultations or facility visits.

Without adequate coverage, a single lawsuit could lead to significant financial damage—even if you're ultimately not found at fault.

Typical Cost for Placement Agent Liability Insurance

The cost of placement agent liability insurance varies depending on several factors including your location, annual revenue, years in business, and prior claims history. On average, policies can range from $1,800 to over $3,000 annually for small to mid-sized agencies.

But here’s the good news: HUB International offers customized policies with pricing that starts as low as $1,400 per year for both General and Professional Liability coverage. That includes limits of $1,000,000 per occurrence and $3,000,000 aggregate—a level of protection that meets or exceeds most industry requirements.

How HUB International Helps Lower Insurance Costs

What sets HUB International apart is personalized service and deep industry knowledge. Jeff Schmidt, a specialist in senior placement insurance, works directly with agents to assess risk, identify coverage gaps, and secure competitive pricing.

Here's how Jeff helps reduce costs:

• Tailored risk assessments to avoid over-insuring or under-insuring

• Bundled policies that offer discounts when multiple coverages are purchased together

• Access to exclusive markets with competitive rates only available through HUB

• Ongoing policy management to make sure your coverage evolves with your business

Working with Jeff isn’t just about saving money—it’s about gaining a strategic partner who understands the senior placement space inside and out.

The Often-Overlooked Risk: Cyber Liability

While many placement agents focus on liability for physical or professional claims, cyber threats are becoming one of the fastest-growing risks in the industry.

Think about it: you handle sensitive client data, medical records, and facility information—often through digital platforms. A single data breach could expose your agency to lawsuits, regulatory fines, and a major loss of trust.

That’s why cyber liability insurance is a must-have in today’s digital age.

Even better? With HUB International, cyber liability policies start as low as $300 per year for $250,000 in coverage. That’s an affordable way to protect your business from:

• Data breaches

• Ransomware attacks

• Phishing scams

• Third-party lawsuits

• Business interruption due to cyber incidents

Comprehensive Coverage at a Price That Makes Sense

Let’s break down what a standard insurance package might look like with HUB International and Jeff Schmidt:

Coverage Type	Coverage Limits	Starting Price
General Liability	$1M/$3M	$1,400/year
Professional Liability	Included in above	Included
Cyber Liability	$250,000	$300/year
Total Starting Cost	—	$1,700/year

This comprehensive coverage offers peace of mind at a fraction of the cost many other providers charge. Plus, with expert support, you'll have a trusted advisor to help you navigate renewals, claims, and any questions that come up along the way.

Final Thoughts: Protect Your Business Without Overspending

Whether you’re just starting your placement agency or have years of experience, protecting your business is crucial. Fortunately, the cost for placement agent liability insurance doesn’t have to be overwhelming.

With low cost placement agent insurance options from HUB International and the personalized expertise of Jeff Schmidt, you can safeguard your business and focus on what matters most—helping families make the best decisions for their loved ones.

Want a quote or a policy review? Reach out to Jeff Schmidt at HUB International today and find out how easy (and affordable) it is to get covered.

Summary If you’ve been asking, “how much does senior placement liability insurance cost?” or looking for the best cost for placement agent liability insurance, HUB International offers one of the most affordable and comprehensive solutions in the market. From as low as $1,400 annually, you can get robust coverage with optional cyber protection starting at just $300. This is your go-to source for low cost placement agent insurance with expert support every step of the way.