As a busy professional, you are trusted for your expertise every day. In fact, your expert opinions and advice are what your clients pay you for. Are you protected from the consequences of claims that arise from that advice?
Professional Liability Insurance is comprised of many different types of coverage – from Errors & Omissions to Medical Malpractice to Directors and Officers coverage. While it may be known by different names in different professions, at the core the concept is the same: to protect you in case of negligence lawsuits from your clients.
Errors and Omissions insurance is the only way for your business to mitigate the costs and legal expenses coming from claims of negligence from your clients.
Negligence lawsuits focus on the failure to perform based on expectations or a contract, alleged misrepresentation, and other claims. They claim financial loss for the client based on your alleged actions.
Worried about the costs? E&O insurance can provide you with more protection than you think for less money than you'd expect.
You may think you are covered to some degree with your general liability policy, but those more general policies only protect against certain bodily or property damage and some personal injury claims. You need a professional liability insurance policy to protect your business from potential negligence claims.
Errors and Omissions insurance is available to professionals such as attorneys, architects, engineers, real estate agents and accountants, among others. This type of policy is used to protect a business from liability around claims of negligence.
Here are two reasons to get started right now!
Protect yourself as soon as you can from devastating negligence claims.
Get peace of mind right now.
Get started right away with a free and confidential quote. Simply fill out this form and we'll respond with comprehensive and affordable E&O insurance policy options.