Professional Liability Insurance
It’s not about your professionalism, training, or years of experience. It’s about human nature. Mistakes happen to the best of us, no matter how experienced.
YES, YOU CAN BE SUED, EVEN IF YOU DIDN’T DO ANYTHING WRONG
The simplest clerical error or proofreading mistake (even one made by a trainee) can cost you, especially if it results in financial loss or damage to the reputation of one of your customers.
That’s why it’s important to understand the extent of your business liability insurance since it only protects your operation against bodily injury, property damage, or advertising injury.
But what happens when you, one of your employees, or a vendor fails to catch something that your customer doesn’t miss, and they hold you responsible?
They can not only refuse to pay, they may also sue you for damages.
But with an errors and omissions (E&O) insurance policy, or professional liability insurance you’ll enjoy specialized liability protection against losses not covered by traditional business insurance.
WHO NEEDS E&O INSURANCE OR PROFESSIONAL LIABILITY INSURANCE?
- Doctors
- Lawyers
- Accountants
- Architects
- Engineers
- Wedding planners
- Printers
- Building-trades contractors
- Designers
- Advertising agencies
If your Business makes a mistake and it costs your client money or harms their reputation, you need to investigate errors or omissions caused by your company.