Professional liability insurance may provide coverage for lawsuits alleging:
Errors
Omissions
Oversights
Misrepresentations
Professional negligence
Deficient work
Inaccurate advice
It may help pay for the expenses associated with these claims (e.g., defense costs, settlements and judgments) even if the suit is eventually dropped. Having coverage may reduce your business’s out-of-pocket burden and provide peace of mind for you and your clients. Contact your insurance agent for more information regarding coverages, limits and exclusions.