If your business provides advice or Professional services for a fee you must have Professional Liability Insurance
You try to run your business perfectly, but sometimes mistakes happen. If they do, they can be very costly for your business. That’s why Professional Liability or Errors & Omissions Insurance is a must for any business that gives advice or provides professional services for a fee.
Lawsuits against professionals are becoming more common. Defense costs alone can quickly erode your bottom line. Your organization can experience a significant financial setback if not adequately covered. The list of professional services providers who need Professional Liability is continually growing. Consultants, accountants, and attorneys obviously need this coverage. However, this coverage is now recommended for Artisan Contractors, Graphic Designers, and Bridal Shops.
Contact a business insurance advisor at Mountain Insurance to determine if you need this coverage and for our assistance in finding you the right plan at the best price.