Professionalliability.pro

Professional liability insurance coverage protects against service-related errors and dissatisfied customers. Any business offering skills, products, or services can benefit from this type of coverage. Every policy is going to be different; your coverage is tailored to your own situation.

You should purchase a professional liability insurance policy early as it is a “claims-made” policy. Claims-made policies provide coverage when a claim is made against an insured party during the policy period, as long as the work that resulted in the claim was done after your retroactive date (prior acts date), which is the initial date coverage was obtained as long as there haven’t been any lapses in coverage. There are often months or even years between an incident and lawsuit, so get your protection as soon as possible.

Professional Liability insurance is also referred to as errors and omissions (E&O), professional liability, malpractice insurance, and other variations.

Minimum premiums vary widely based on the class of business and specifics of the services offered.  If you are just looking for a rough ballpark quote for planning purposes, please call us at 877-831-9462, use the chat feature on this website, or email us at service@professionalliability.pro with basic information on your business (Description of the services your business provides, coverage limit you’re looking for, location and business size).

Once we receive your completed application, the information is submitted to our companies for review. In some instances, there may be a few more questions that we will contact you about, but in most cases we can obtain quotes with the information provided. Quotes are generally received within 1-5 business days depending on the type of risk and current workload of various underwriters. As soon as we have quotes back from each company, we will send you the top 2 or 3 proposals we have, along with a comparison of the coverage and cost of each. If you would like to see the proposals as we receive them, please let us know.

The subject of Errors and Omissions/Professional Liability insurance can vary widely between different types of businesses, which is why we do not have more information on our website. We have found that it is easiest for you to contact us with any questions, as everyone's situation is different, and "general answers" generally don't work. So please feel free to send us any questions using our online form, below chat function, or emailing us at service@professionalliability.pro. Thank you.