Professional liability insurance, also known as Errors and Omissions Insurance (E&O), is coverage for businesses that offer professional and personal services. E&O insurance protects you in the event that a client claims you’ve harmed them, or negligently performed services or given advice for which you are held legally liable.Professional Liability Insurance policies generally cover:
Negligence – Alleged mistakes or bad advice provided through your company.
Defense Costs – Protects you from suits brought against your company, regardless of fault.
Services previously performed – Up to an agreed time frame your business will be covered for service completed. Your current, future, and even previous work are insured with a Professional
Liability Insurance policy!
You should seriously consider E&O insurance if you:
Here are a few examples of various businesses which benefit from having E&O Insurance:
If you’re not sure whether Professional Liability Insurance is right for you, contact the agents at PLC Insurance for an evaluation of your business type and scope.
We can find discounts on professional liability-E&O insurance you may not find on your own. Give us a call, or get a professional liability-E&O insurance quote online today.
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We have a customer, Al S. from Bothell, who went through a few different claims issues...
February 13, 2012
plc [at] plcins [dot] com
Lynnwood office19401 40th Avenue W, Suite 440