Professional Liability Insurance

Updated on: March 31, 2017

After years of hard work, your business is finally becoming successful…until you receive the one bit of news that could bring everything tumbling to the ground. A disgruntled customer is accusing you of failure to perform services and, not only that, they are suing you for all you’re worth. Your business’s future, your livelihood, is now in the hands of a judge.

This is where your professional liability insurance policy becomes your most important insurance policy. Don’t have one? Contact us today to get your policy started.

Professional liability insurance, also known as errors and omissions insurance, is a form of coverage used by individuals and companies offering advice and/or services.  Not only does it cover the costs for defense against legal claims, it can also help bear the costs should damages be awarded in a civil lawsuit.

But isn’t my general liability insurance policy enough? Although your general liability insurance policy can cover anything from property damage to personal injury, it cannot cover things like negligence, misrepresentation and false advice.

Almost all professions and industries could be at risk of facing legal claims, but some are at a greater risk than others. Here are a few examples of industries that are most likely to require professional liability insurance:

• Accounting
• Construction
• Consulting
• Engineering
• Finance
• General Contracting
• Healthcare
• Law
• Plumbing

Other professions and industries that might benefit from professional liability insurance include IT, PR specialists, graphic and interior designers, and more. To find out if professional liability insurance is the right choice for you, contact our agents today or fill out the form. We’re in the business of insuring your business.

* Coverage and exclusions vary from policy to policy. Please review the specific policy for details.