Professional Liability Insurance

Why do you need professional liability insurance?

As a professional, you never know when a disgruntled client will reward your services with a professional liability lawsuit. These suits may claim that you’ve been negligent or made an error or omission while performing your services. Liability damages may cost hundreds of thousands of dollars.

This is why you purchase professional liability coverage, to provide you protection from financial harm in the event of an error or omission when conducting your business.

What is professional liability coverage?

Professional liability is a form if business insurance, also called errors and omissions insurance (E & O insurance), it’s purchased to protect you and your business if you’re sued for negligently performing your services, even if it was simply a harmless mistake.

A professional liability policies can help you and your firm pay defense costs and judgments that result from claims over professional negligence, or an error in your professional consultation, or omission in the advise provided.

You should seriously consider purchasing professional liability protection if your business:

• provides a professional service.
• regularly gives advice to clients.
• is requested by a client to have professional liability insurance to complete a contract.

Additional coverage benefits you should get when buying a professional liability policy:

• Flexible payment options: We work directly with our insurance carriers, so we can set you up on a direct bill, and convenient monthly payment plan.
• Work done by temporary staff: If you have work done by temporary or contract staff, you want to get professional liability insurance that protects their acts too.
• Past work covered: Some policies may cover you prior acts, make sure ask your agent if you professional liability offers this benefit if you need this type of protection.
• Great Claims Service: Our carriers are A+ Rated and some of the best in the business. Covered claims are handled promptly and professionally.

Choose IronPoint Insurance Services, LLC

When you choos IronPoint you get a professional insurance agent, A+ rated insurance carriers, 24-hour claims support, and a company who will truly care about your company’s success. Give us a call or request a quote and see the difference we bring.