Professional liability insurance is a gift you give yourself and your business. No matter how high your ethical standards or diligence in providing quality goods and services, you may still be sued by a disgruntled consumer.
Field experts are particularly likely to be sued because of the influence they have over important decisions, such as the way a filtration system is structured or which medication a patient should take. However, professional liability insurance isn’t only for doctors, engineers, and lawyers. No less than one fifth of all businesses experience conflicts that have the potential to turn into lawsuits, which is why it may be in your best interest to hold professional liability insurance, regardless of your profession.
Getting liability insurance for yourself and your business also protects you from the potential ramifications of your own mistakes. If you are sued by a client for errors, undelivered services, or negligence and ordered by a court to compensate them for damages, professional liability insurance can help cover the cost of any losses, legal bills, and expenses incurred as a result of contract breaches.
Legal Professional Liability Insurance
If you are an attorney, your clients hold you to a high standard of reliability and trustworthiness. Legal professional liability insurance covers costs you may incur as a result of negligent error, bad advice given to clients, lawsuits against your firm, and more. While covering the cost of a lawsuit against your firm does not resolve it, having a financial cushion can help.
Experienced Insurance Administrator in Atlanta
If you are an attorney or any other kind of business owner, professional liability insurance may provide important protections and help safeguard the business you’ve worked hard to build. Our team at Insurance Specialists, Inc. is here to help you choose the plan that’s right for you and assess your options.
Call (888) 451-0883 or contact us online to speak to a member of our team today!