Professional Liability Insurance
Professional Liability Insurance Information
Who needs Professional Liability?
Any professional who provides a service, expertise or advice to clients for a fee can benefit from coverage against liability lawsuits.
Yes, even with quality employees and risk management practices in place, people still make mistakes. A general liability policy may not cover mistakes that could be made. Professional liability insurance will protect your business and its finances if such an event arises.
What does professional liability insurance cover?
Professional liability insurance protects individuals and companies from assuming the full cost of defending a lawsuit that claims negligence of the individual or business. A claim of negligence, malpractice or misrepresentation is not covered under a general liability insurance policy, which makes professional liability insurance crucial for those who provide a service or advice for a fee. Depending on the profession, professional liability insurance may take on different forms and names, like malpractice and E&O insurance.
The number of liability lawsuits against professionals has increased in recent years. Many professionals within a variety of industries are at risk of being sued, whether the charges are valid or unfounded. Such lawsuits can mean financial ruin both professionally and personally, including the loss of cars, homes and careers. Professional liability insurance helps with the financial burden of these events.
Get started today
MVW Insurance Raleigh Hills will evaluate your business to determine its unique insurance needs and find you the professional liability policy with the necessary coverage. Contact us to learn more, we are happy to help you get the protection you need!
Servicing Commercial Clients in these and many other West Coast markets:
Portland, Oregon Seattle, Washington
Eugene, Oregon Vancouver, Washington
Los Angeles, California Redding, California
Scottsdale, Arizona Phoenix, Arizona
Spokane, Washington Salem, Oregon