What is Professional Liability Insurance?
Professional Liability Insurance protects against potential negligence claims, also known as errors and omissions. It is a form of insurance that helps protect a professional from bearing the full cost of defending against a negligence claim made by a client. It also protects against damages awarded in a lawsuit. The implications of professional liability insurance depend heavily on your professional industry or business.
Large insurance corporations may claim to cover professional liability. However, it is very important that you understand the extent of your coverage and which situations are included. It is recommended to seek the help of an insurance representative when considering professional liability insurance to ensure a full understanding of your workplace coverage and that you receive an affordable price.
Our company offers Minnesota professional liability coverage services at reasonable rates to ensure that you are covered in all aspects of your profession. Call us today to receive a free professional liability insurance quote.
Patrick J Thomas agency is licensed in numerous states and has over 50 years experience. We proudly serve the Twin Cities.