PROFESIONAL LIABILITY INSURANCE
Professional liability insurance, sometimes called errors and omissions insurance, offers protection for mistakes or negligence in your professional work. It ensures that if a client claims your advice or services caused harm, you’ll have coverage to help manage those unexpected legal and financial
Mistakes can happen, even to the most dedicated professionals. A small oversight, miscommunication, or unintended outcome can lead to a lawsuit. This type of insurance helps protect you from the high costs of defending your work or paying settlements. For consultants, contractors, or anyone providing professional advice, it’s a safety net worth having.
What Does It Cover?
While coverage varies depending on your policy, here’s what it typically covers:
- Client lawsuits due to errors or missed deadlines
- Legal defense costs, even if you’re not at fault
- Settlements or judgments from claims
- Claims on failures to deliver promised services
If your work involves giving advice, designing systems, or managing projects, this insurance can give you peace of mind.
Who Should Get Professional Liability Coverage?
Anyone offering specialized services or advice should consider it. Examples include accountants, consultants, IT professionals, and creative experts like designers or marketers. If your work impacts a client’s finances or operations, this coverage is essential.
No one wants to think about lawsuits, but they can happen. Protect your reputation and finances with a reliable professional liability policy. Talk to Insurance Company Pickerington Ohio today to find the right coverage for your business.