Professional Liability Insurance
If you provide advice or offer professional services for a fee, you require additional legal protection for accidental errors made due to their profession in addition to the Commercial General Liability and property coverages. Depending on your profession, Professional Liability Insurance is also called Errors & Omissions Insurance or Malpractice Insurance.
Professional Liability Insurance Types:
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Professional Services: Coverage for errors or omissions related to your professional services or failure to provide a service as requested.
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Products: Coverage for bodily or property injury or product failure.
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Advertising and Media: If you provide advertising services and your client ends up getting sued for slander, libel, or defamation.
Factors that impact the cost of Professional Liability are:
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Type of service offered
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Number of Employees
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Annual and projected revenue
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Years of Experience
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Claims History
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Coverage Limit requested
Contact Keystone Commercial for your free comprehensive insurance consultation for your business.