Why You Need Professional Liability Insurance

If you provide a professional service or regularly give advice to clients, you are vulnerable to the prospect of lawsuits from dissatisfied or unscrupulous clients.  The danger of a lawsuit is always there, even if you’ve done nothing wrong, and we all know how costly attorneys can be.

Professional liability insurance, also called errors and omissions insurance (E & O insurance), protects your business if you are sued for negligently performing your services, regardless of whether or not a mistake or omission was made by your business.

You may need professional liability insurance if your company:

  • Provides a professional service (law firm, for example)
  • regularly advises clients as part of one’s business plan
  • Need Professional Liability insurance as part of a contract.

Professional Liability Coverage can start for as little as $22.50/month.

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