All professionals should carry some form of
professional liability coverage. It protects you from any losses and potentially damaging lawsuits. Many
professionals are placed at a great risk of being the focus of lawsuits,
such as in claims of negligence or errors. Some individuals may choose
to initiate lawsuits frivolously, simply because they are unsatisfied
with their services or the outcome of the work performed.
To protect yourself from lawsuit, however frivolous it may be, Insurance
Specialists, Inc. recommends carrying some form of professional liability
Understanding Professional Liability Lawsuits
Many times, in professional liability lawsuits, the clients might accuse
the company or contractor that they did not follow through with their
professional obligations. Other times, they may allege that the company
or contractor failed to disclose some critical information prior to performing
the work. Errors and omissions insurance (E & O) can be used to cover
in cases involving this.
Professional liability provides protection in case of the following:
- Negligence or errors that your company made
- Providing legal defense in the event of a lawsuit
- Providing incomplete or poor quality services
- Failing to adhere to any agreements made in the contract
- Compensation for any work that had been previously performed
Insurance Specialists, Inc. offers a variety of solutions to help protect
professionals and offer coverage for cases of liability.
We offer the following:
- Accountants Professional Liability
- Lawyers Professional Liability
Professionals are expected to have specialized knowledge and expertise
in their career. Therefore, they are also expected to provide those services
to clients and customers based on the premise that the work will be performed
The lawsuits stemming from these cases can be some of the largest expenses
for a business owner. Not all customers are created equal; some will find
any reason to find a problem with the services provided and try to regain
whatever losses they believe they suffered.
Professional liability insurance coverage gives you peace of mind that
in the event that this does happen, you will not have to handle your legal
costs, whether or not the claim is valid or not.
Get to Know Your Options—Call Us!
If you would like to learn more about our professional liability coverage
options and what policy is available to you, feel free to give Insurance
Specialists, Inc. a call at (888) 451-0888. We have
over 50 years of experience, and our team is friendly, accessible, and ready to help you.
Get in touch with us today to
make an appointment.