Professional liability insurance, or Errors & Omissions Insurance (E&O), protects business owners if a customer or client is harmed from professional advice or professional service. It is often paired with general liability insurance.
If you provide any type of professional services in California, a client can potentially sue you if they feel that you have made an error and/or omission in your work. With California professional liability insurance, you are protected against claims and lawsuits for mistakes or omissions that may cause a financial loss for your client. For most professionals, these types of claims can only be covered by a professional liability insurance policy.
Professional Liability Insurance is applied when:
Professional Liability insurance protects you as well as your business from the entire cost of defending the lawsuit that claims your negligence. Such claims don’t get coverage from General Liability Insurance, making Professional Liability insurance important for those who offer service for a certain amount of fee
At Starco Insurance, we understand that mistakes happen. That’s why it’s imperative to have protection. Let our experienced agents help you create a Professional Liability Insurance policy, which keeps your daily operations protected if your business is legally held responsible. Call us today for a free estimate.