Professional liability insurance protects your company from claims, if your client should hold you responsible for errors, or the failure of your work to perform as promised in a contract.
As a professional, you are expected to have extensive technical knowledge or training in your particular area of expertise. You are also expected to perform services for which you were hired, according to the standard of conduct in your profession. If you fail to use the degree of skill expected, you can be held responsible in a court of law for any harm you cause to another person or business. When liability is limited to acts of negligence, professional liability insurance may be called "errors and omissions" liability.
Typical professional liability insurance policies provide coverage for legal defense costs and will pay for any resulting judgements against you, including court costs, up to the coverage limits on your policy.
Professional liability insurance coverage extends to both W2 employees and 1099 subcontractors, and can be worldwide in scope.
Our agency works with many markets to provide you with the best coverage for you and your company.