Professional Liability Insurance

Professional Liability Insurance

Much like a medical professional performs under the shadow of potential malpractice suits, every business owner must be ready for this disheartening scenario: a client holds you responsible for errors which affect them adversely or the failure to provide a service or product as expected. Professional Liability, or Errors and Omissions Coverage, protects you against claims resulting from your mistakes, employee errors and the errors of independent contractors.

A costly catastrophe from a simple error is burdensome to any business owner. Professional Liability covers legal defense costs, no matter how baseless the allegations. Plus, it is not just for the medical field; it is available to most business and industry groups.

- Brad Steinbach, Mayville Insurance Agency, Inc.

Is Professional Liability the same as General Liability?

General Liability covers bodily injury, property damage, personal injury or advertising injury claim. Professional Liability Insurance covers negligence, misrepresentation, violation of good faith and fair dealing, and inaccurate advice. Professionals are expected to perform the services for which they were hired, according to the standards of conduct in their profession.

Protection for Professionals

Professional Liability Insurance protects professional service providers including accountants, architects, lawyers, real estate brokers, physicians, and web programmers. Most likely if your company provides a service Professional Liability will be a good choice. Safeguard your reputation from misstatements or tall stories by employees and contractors. Mayville Insurance Agency, Inc. will provide you expertise for the right amount of coverage.

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BRAD STEINBACH
TRACY THORESON