Employment Practices Liability
In addition to being held responsible for employees injuries, employers can also be sued for discrimination, harassment, wrongful termination, and a host of other causes (depending on your state.) These types of lawsuits are becoming more common and typically spike in periods of economic downturn.
The average settlement cost for lawsuits in this bracket are approximately $25,000 based on experience. Most cases will settle. Going to trial is usually not a good option and just to prove your innocence can cost thousands of dollars.
Pricing for this type of coverage is typically based on employee head count among other factors. Some industries, the minimum cost is $5000 per year but some can be as low as $1500 annually depending on what features you choose.