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Questions? Call Us Today (954) 857-9723

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Questions? Call Us Today (954) 857-9723

Professional Liability Insurance

As a business owner, it's critical to protect yourself from potential legal liabilities, and professional liability insurance can provide the necessary protection. Our experienced insurance agents at Capital Risk Insurance Group can help you find the right coverage that suits your business needs.

What is Professional Liability Insurance?


As a professional in your field, mistakes are bound to happen no matter how diligent you are. However, even one small mistake can result in significant financial damages or damage to your client's reputation. That's why having Professional Liability Insurance, also known as Errors and Omissions Insurance, is essential for professionals and businesses alike.


Professional Liability Insurance protects your business from claims of negligence, errors, or omissions made by clients. For instance, if a client claims that you failed to deliver a service or the service you provided caused them harm, Professional Liability Insurance can help cover legal costs, damages, and other expenses resulting from the claim.

What Does Professional Liability Insurance Cover?


Professional Liability Insurance, also referred to as Errors and Omissions Insurance (E&O), provides coverage to businesses against claims of professional negligence, errors, and omissions. Here are four types of coverage typically offered under Professional Liability Insurance:

Negligence

Professional liability insurance typically covers claims made against your business due to the alleged negligence of a professional service you provide. For instance, if a client claims that your professional advice caused them financial loss, this coverage could help pay for your legal defense and settlement or judgment fees.

Copyright Infringement

This coverage protects businesses and individuals against claims of copyright infringement, ensuring that the cost of legal defense, settlement or judgment fees, and monetary damages are covered by the policy.

Personal Injury

Professional liability insurance also provides coverage for personal injury claims. This coverage can help pay for legal defense fees and settlement or judgment costs associated with libel, slander, invasion of privacy, or other similar claims.

Other Areas

Professional liability insurance may also cover claims related to breach of contract, misrepresentation, defective products or services, and more.

How Can Professional Liability Insurance Benefit Your Business?


Here are some reasons why having Professional Liability Insurance is a smart choice:

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Protect Your Business Assets

Business Assests

Professional Liability Insurance protects your business assets, including property, equipment, and finances, from the cost of a negligence claim.

Bundled Insurance

Peace of Mind

With Professional Liability Insurance, you can rest easy knowing that your business is protected from a financial and legal standpoint in the event of a claim.

Risk Management

 Risk Management

Professional Liability Insurance offers you a safety net by managing the risks associated with professional errors and omissions, ensuring your business's longevity.

Build Reputation

Build Your Reputation

Having Professional Liability Insurance demonstrates to clients that you value their business and take it seriously, giving you a competitive edge and enhancing your professional reputation.

Overall, Professional Liability Insurance can provide your business with vital protection and help you mitigate risks that could affect your bottom line. Contact our experienced insurance agents today to learn more about how your business can benefit from this coverage.

How Our Insurance Agency Can Help


At Capital Risk Insurance Group, we understand the unique risks that professionals face in their business. We provide expert guidance to help businesses and professionals find the right Professional Liability Insurance policy that fits their unique needs. We work with a vast network of insurance providers to assess the best coverage and rates for our clients, ensuring they receive personalized attention and customized insurance coverage that meets their unique requirements.

Our team of licensed agents is always available to answer any questions and concerns related to Professional Liability Insurance coverage, providing exemplary service to our valued clients. We prioritize building strong client relationships based on trust, expertise, and personalized service, helping our clients to navigate the complex world of commercial insurance with ease. Contact us today to learn more about how we can support your insurance needs and provide unbeatable value for your insurance investments.

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