Professional Liability Insurance
Professional Liability insurance is a type of Errors & Omissions (E&O) insurance that covers you or your company in the case that a client holds you responsible for advice that you failed to give or for the service that you provided that didn’t provide the promised or expected results. It can indemnify you for legal settlement and defense costs in the case that you find yourself in the middle of a lawsuit for your expertise.
Professional Liability insurance is crucial for anyone whose expertise is offered as a service, such as lawyers, accountants, architects, or engineers. Even individuals in creative fields such as advertising agencies, commercial printers, and wedding/event planners should consider professional liability insurance. It is also referred to as ‘malpractice insurance’ for medical doctors, dentists, and chiropractors.
Everyone, even top experts, can make mistakes. Or even if you don’t make a mistake, but a client perceives that you do, they could potentially start a lawsuit that could cost you thousands of dollars in legal fees. That’s why you should protect yourself with professional liability protection.
The J. Morey Company Difference
You may think the cheapest policy will do, but realize that you might not be getting everything that you think would be included. While a majority of insurance policies are similar in price and overall function, insurance providers are very different when it comes to structuring a policy that actually covers you in when you need to file a claim.
We’re here for you. We’re here to protect our clients, and that means we always look for ways to protect you better, including carefully choosing the insurance companies we represent to be both affordable and responsive.
No such thing as a one-size-fits-all insurance policy.
At The J. Morey Company, we understand that options can sometimes be overwhelming. Our knowledgeable and helpful agents can work with you to find the coverage you need.
Request a quote now and let the professionals at The J. Morey Company help you find the best California Professional Liability insurance policy for your needs.