Best professional liability insurance
Professional indemnity insurance is a commercial policy designed to protect you and your business against claims for financial loss or damage that are made by a client or other third party individuals.
These claims could come as a result of perceived negligent services or negligent advice your business has provided..
Best professional liability insurance
Professional liability insurance coverage, also called errors and omissions insurance (E&O), protects small business owners against the cost of client lawsuits over unsatisfactory work.
Although not required by state law, it's strongly recommended for professional service providers in California..
Is professional liability the same as general liability?
General liability covers physical risks, such as bodily injuries and property damage.
Professional liability insurance covers more abstract risks, such as errors and omissions in the services your business provides..
What does liability insurance cover?
Liability coverage pays for property damage and/or injuries to another person caused by an accident in which you're at fault.
This coverage is required by most states to legally drive your vehicle.
Liability coverage is broken down into 2 parts: property damage and bodily injury..
What does professional liability insurance do?
Professional indemnity insurance protects you against claims for loss or damage made by clients or third parties as a result of the impact of negligent services you provided or negligent advice you offered.
Compensation claims can be brought against you even if you provided a service or offered advice for free..
What is professional indemnity insurance?
Professional indemnity insurance is a commercial policy designed to protect you and your business against claims for financial loss or damage that are made by a client or other third party individuals.
These claims could come as a result of perceived negligent services or negligent advice your business has provided..
What is the difference between general liability and professional liability?
General liability covers physical risks, such as bodily injuries and property damage.
Professional liability insurance covers more abstract risks, such as errors and omissions in the services your business provides..
