Professional & General Liability of commercial insurance

Protecting your business from claims of negligence

Professional liability insurance, also known as errors and omissions (E&O) insurance, is designed to protect professionals and businesses from claims related to mistakes, negligence, or failure to perform their professional duties.

What is Professional Liability Insurance?

Professional liability insurance covers legal defense costs, settlements, and judgments if a client alleges that you provided inadequate services, made errors, or omitted important information that resulted in financial harm. This insurance is essential for many professionals, including consultants, accountants, architects, engineers, lawyers, and financial advisors.

What does it cover?

Why is it important?

Even the most careful professionals can face lawsuits or claims related to their work. Without professional liability insurance, legal costs and damages could be financially devastating. This coverage helps protect your reputation and your business’s financial health.

Who needs professional liability insurance?

Any professional who offers advice, services, or expertise to clients should consider this coverage. It is often required by clients or licensing boards and is a vital safeguard in professions where mistakes can lead to significant financial loss.

How to choose the right coverage?

Liability Insurance

Protecting you from financial loss when you cause harm

Liability insurance is a fundamental part of your auto insurance policy. It covers the costs if you cause an accident that injures other people or damages their property. This coverage helps pay for medical bills, repair costs, legal fees, and any settlements or judgments if you’re found responsible.

What does liability insurance cover?

Bodily injury liability: Medical expenses, lost wages, and legal fees if others are hurt in an accident you cause
Property damage liability: Repair or replacement costs if you damage someone else’s vehicle or property

Liability insurance does not cover your own injuries or damage to your vehicle. It is typically required by law and provides financial protection to keep you from paying out-of-pocket for injuries or damages you cause.

Why is liability insurance important?

Without liability coverage, you could be personally responsible for significant expenses resulting from an accident. It safeguards your assets and future earnings by covering claims made against you.