%CITY% Professional Liability Insurance

Most business owners understand that a general liability policy offers only basic financial protection at a specified amount to financially protect their organizations against claims made for bodily injury and/or property damage. Yet even with this type of standard insurance coverage, your business in %WORKCITY% may still be vulnerable to costly lawsuits when claims involving negligence arise. %COMPANY% provides professional liability insurance coverage and customizes your policy to fit the particular needs of your profession or industry.Besides negligence standard insurances often do not cover:

Misrepresentation
Violation of good faith or fair dealing
Inaccurate advice

In these cases, individuals or employees can face lawsuits without any financial coverage. Leading you to have to pay out of pocket which can lead to financial stress or at worst bankruptcy.

Why Do I Need Professional Liability Insurance?

If a client holds you responsible for services that were provided but did not have the intended results, or if you are accused of failing to provide services, professional liability insurance, (also known as Errors and Omissions insurance or Professional indemnity insurance) will protect your business assets and financially protect you from bearing the full cost of negligence claims in the event that you lose your case.

Which Service Industries Require Coverage in %WORKCITY%?

Any organization that offers goods and services must consider acquiring some form of professional liability insurance in addition to general liability protection. Construction services and auto repair shops for example, will normally require this type of additional coverage. Professionals, including doctors and lawyers, and organizations providing professional care or assistance, must not operate without professional liability protection. Financial advisers, information technology professionals, real estate professionals and many other service providers also require added liability coverage in the event of a lawsuit. Consult with a knowledgeable %COMPANY% broker to learn more about the insurance requirements for your business.%COMPANY% representatives have experience in designing coverage limits and deductibles that suit your business needs. For more information about professional liability insurance and how it can protect your livelihood, contact us for a free consultation.

%CITY% Professional Liability Insurance

Why Do I Need Professional Liability Insurance?

Which Service Industries Require Coverage in %WORKCITY%?

Contact us now to get a free quote!