Professional Liability Insurance

Your Expertise Should Be an Asset, Not a Liability

People pay you good money for the service you provide. But what happens if someone is unintentionally or indirectly harmed as a result of your service or expertise? You may face a lawsuit due to negligence or inaccuracy. In that event, especially if you are a smaller service provider, you do not want to bear the brunt of the full court fees.

Who needs professional liability insurance?

Professional liability insurance, or errors and omissions insurance, is specifically designed for service providers, such as:
  • IT consultants
  • Business consultants
  • Insurance agents
  • Engineers
  • Photographers
  • Architects
  • Dentists
  • Barbers/Beauticians
  • and more

Why do I need professional liability insurance?

You work hard, and you do your very best for your clients and customers. Nevertheless, all humans make mistakes at some point. What happens when that mistake costs your client money? What happens when you are forced to breach a contract, though you never had any intention of doing so? Even if the prosecution doesn’t have a good case, any lawsuit can still make a real dent in your finances, especially if you run a startup, small business or personal consulting agency, simply because of standard court fees. Professional liability insurance can even help cover past work you’ve already performed before acquiring the policy. Your AgPro agent is available to discuss your best options.

Factors in the Cost of Liability Insurance

  • What type of business do you have?
  • What are your Gross Annual Receipts?
  • Where is your business located?
  • How many employees do you have?
  • How much coverage do you want?
You can always take steps to reduce your risk for a lawsuit, such as adhering to strict business practices and core values, drawing up a contract that sets realistic expectations for your customers and working solely within your area of expertise. Call us today and we’ll start the process for getting you the perfect professional liability insurance policy.