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Professional indemnity insurance, also called professional liability insurance, protects you in the event that a client seeks legal action against you, claiming errors, mistakes, or negligence.
Professional indemnity insurance is also called professional liability insurance. It provides compensation against damages caused by mistakes made by a company or a professional while working.
Professional liability insurance can help cover your defense costs if a client sues you for mistakes in the professional services you provided them. Defense costs include attorney fees and other court-related expenses.
Professional liability insurance protects your small business against lawsuits. We compared the best liability insurance based on costs, options, and more.
Claims covered by a professional liability policy can include damages caused by things you did and/or things that you should have done. Professional liability is also sometimes called professional indemnity insurance or errors & omissions coverage.
Professional liability insurance (errors and omissions insurance) covers cover your business for mistakes in professional services. Here's how it works.
Allianz Commercial recognizes this important need and offers comprehensive Professional Liability Insurance (also known as Professional Indemnity Insurance) to protect managers and professionals against potential losses arising from breaches of their professional duties.
Sometimes called “errors and omissions (E&O) insurance,” professional liability insurance is essential for service providers in today’s litigious environment. Businesses need help mitigating exposures arising from allegations of negligent acts, errors, and omissions.
Any small business that sells a professional service or gives advice should consider buying professional liability insurance to protect against lawsuits that arise from their mistakes. Some states legally require certain professionals, such as lawyers, to have a policy before they can do business.
The cost of professional liability insurance is based on a variety of factors, including risk, business size, and claims history. Get free professional liability insurance quotes with Insureon today. Click the link to get started!