Does your business have the Right Insurance Coverage?
If you regularly provide professional advice or services, you can be sued - even if you do everything right. Do you have the right insurance to protect yourself? Many business owners think they do, but often, they haven't been properly informed. The protection they need is Professional Liability Insurance.
OUR BUSINESS INSURANCE
AGENTS SEE THE BIG PICTURE.
An established, close relationship with your insurance agent can ease your burden so you can focus more on running your business.
Professional liability insurance – sometimes also known as errors and omissions (E&O) or malpractice, depending on the profession – provides financial protection against claims of negligence, misrepresentation or inaccurate advice. This includes the costs associated with any expenses or legal fees required for your defense, as well as any resulting judgments against you.
It does not provide any protection against someone’s claims of bodily injury or damaged possessions suffered at your place of business or caused by you or your employees. That’s what general liability insurance provides. In addition, professional liability coverage doesn’t cover copyright infringement, patents or trademarks or malicious, dishonest, criminal or illegal acts.