Whether actual or alleged, professional liability protects from lawsuits
It can be confusing when the two major types of business policies are presented: General Liability and Professional Liability. To put simply, general liability covers physical injury to people or damage to property while professional liability protects against negligence related to business services or consulting advice. Professional liability covers lawyer fees, court costs, and settlements when faced with a lawsuit from an unhappy client. The client might claim the business erred in their promises or omitted key facets of their process, which is why professional liability is often referred to as Errors and Omissions Insurance (E&O). Specific examples of a claim would be:
Protect your business and get professional liability insurance today.
For businesses offering services or advice, professional liability insurance is a must. In today's modern where the prevalence to sue continues to grow, we highly recommend the following professionals get E&O insurance:
Professional liability will ensure your business can still thrive in the face of a potential lawsuit stemming from allegations of bad advice, misrepresentation, copywright infringement, and others.
Don't take chances with your business's reputation and financial stability, protect it with comprehensive professional liability insurance from Ronnie Siniard Insurance. Trust us to provide the coverage you need at a price that fits your budget. Contact us today to learn more and get a quote.
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