Professional Liability Insurance
Professional liability insurance, also known as errors & omissions (E&O) insurance, is a form of liability insurance that protects businesses and individuals against a lawsuit due to negligence. Typically this type of insurance is beneficial for businesses that provide professional services or give advice to clients because it protects them from bearing the full cost of defending against a client claiming that the services provided caused them financial loss.
If you own a business in Florida, you most likely have general liability insurance for your company. However, your general liability insurance policy may not cover claims resulting from professional negligence because general liability insurance focuses on more direct forms of harm. As a service-providing professional, if you are sued over professional liability and you don’t have professional liability insurance, you may have to cover millions of dollars in damages and your personal assets may be at risk. Professional liability insurance can provide that extra layer of protection that your business needs, as well as peace of mind.
Protect your Florida business with professional liability insurance. Our Orlando independent insurance agency can help you choose the policy that best suits your business’ needs. Whether you’re a physician, lawyer, consultant, real estate appraiser, or any other service-based professional, it’s best to be prepared for any unexpected claims that may arise. Our professional insurance agency in Orlando can provide your business with the coverage you need. Call 407-869-4200 today to receive an insurance quote!