Professional Liability insurance protects you against potential claims if your clients hold you responsible for errors or the failure of your work to perform as promised in your contract. The primary reason for professional liability insurance is that a typical general liability policy will only respond to a claim involving bodily injury, property damage, personal injury or advertising injury. A General Liability Insurance policy does not provide coverage for Errors & Omissions, contract performance or any other professional liability issue but these claims can still cause a financial loss to your client as a result of your professional service.
Most business and industry groups can be covered under a Professional Liability policy. Coverage includes legal defense costs, whether a claim is baseless or not. Professional Liability Insurance protects your company and will pay for any resulting judgments against you, including court costs, up to the coverage limits on your policy.
No matter how hard you work, one error can destroy your business. Protect it with the proper insurance.
Call us today to discuss your Professional Insurance needs and get a FREE quote.