Professional Liability Insurance

One little mistake can cost you thousands of dollars.

Professional liability insurance provides protection to professionals from claims of negligence and/or errors and omissions. This type of coverage is not included in a regular business owner policy. At Kimberley Vassal Insurance Services, we can help you understand this important insurance, and how it can affect you and your business.

What is professional liability insurance?

Professionals are expected to have particular training or technical knowledge as part of their jobs. They are expected to perform their job duties according to a certain set of standards, as well as perform the services for which they were hired.

Should a professional fail in a way that causes harm or damage to others, a court of law can hold them responsible if any harm was caused to a business or person. When the liability is limited to negligence, the insurance is often called errors and omissions liability (E&O), or professional indemnity insurance.

Professional liability insurance is considered to be a specialty policy, because the type of coverage is not included in standard policies. This form of insurance protects individuals in service professions against negligence claims brought by clients or customers. These cases are usually allegations that the professional failed to perform his or her services and created financial or physical damage to the client.

Who needs professional liability insurance?

Professionals who purchase this type of coverage include:

  • Consultants
  • Attorneys
  • Medical professionals
  • Accountants
  • Architects
  • Engineers
  • Financial industry professionals

At Kimberley Vassal Insurance Services, we can help you determine the type of professional liability insurance you may require. We can help you understand the intricacies of this form of coverage that should become part of your overall insurance package.

Call Kimberley Vassal Insurance Services at 800.511.9377 today and we can provide a customized package that will suit your needs. As an added convenience, we provide our services throughout New Jersey, Delaware, and Pennsylvania. We look forward to hearing from you!