Have You Considered Professional Liability Insurance?
Most businesses purchase general liability insurance to protect their businesses against certain kinds of claims. These claims could include bodily injury and property damage. It is very important for businesses to understand the difference between professional liability and general liability.
Professional Liability insurance, also called “Errors & Omissions” insurance, protects against a claim from a third party who suffers a financial loss as a result of your services or actions.
If someone feels they have suffered a loss or damages due to a professional service, often their next action is a lawsuit. These kinds of actions can be costly and severely reduce a firm’s resources. Professional Liability insurance can help preserve assets and more importantly, help preserve the firm’s reputation.
If you perform any of these services, you may need professional liability insurance:
- Provide any construction management
- Provide advice to clients
- Perform professional services
- Advise client on how to save money
- Provide advice on how to install equipment
- Recommend any building code changes
Industries that typically need Professional Liability Insurance include:
Give one of our agents a call to save money on your Business Insurance. Some of our Commercial insurance coverages include Business Owners Policy (BOP), General Liability, Commercial Auto, Workers Compensation, and Bonds.
Let us help you cut your insurance cost in Washington
Just give us a quick call today at (206) 443-7744 or Submit one of our quick online quote forms - with the help of our dedicated business partners; we conveniently offer an entire solution for all your insurance and business needs.