If your business provides advice, services, or expertise to clients, professional liability insurance protects you from claims that your work caused financial harm or failed to meet professional standards. Also known as errors and omissions insurance, this coverage is essential for consultants, contractors, healthcare providers, accountants, real estate agents, and many other service professionals. Even when you do everything right, clients can still claim that your services caused them financial losses, and defending against these claims can be extremely expensive even if you ultimately win.
Professional liability insurance covers legal defense costs, settlements, and judgments related to alleged professional mistakes, oversights, or failure to deliver promised services. This protection helps preserve your professional reputation and personal finances when faced with client disputes. Don't let one unhappy client threaten everything you've built in your professional career – contact us to discuss how professional liability insurance can protect your expertise and livelihood.
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