Professional Liability

Business owners often recognize that a standard general liability policy provides a basic level of financial protection against bodily injury and property damage claims. However, the scope of potential liabilities goes beyond these conventional coverages. Even with typical insurance in place, businesses can remain vulnerable to costly lawsuits, especially when allegations of negligence arise. Jole Insurance offers professional liability insurance that not only bridges these gaps but also tailors your policy to precisely match the specific needs of your profession or industry.

Professional liability insurance, also known as Errors and Omissions insurance or Professional Indemnity insurance, becomes imperative when clients hold you responsible for services that didn’t yield the intended results or when accusations of service failure emerge. This insurance acts as your safeguard, protecting your business assets and ensuring that you don’t bear the full financial burden in the event of a negligence claim loss.

Almost every organization providing goods and services should consider acquiring professional liability insurance in addition to general liability protection. This holds true for a wide array of service industries. For instance, construction services and auto repair shops often require this additional coverage. Professionals such as doctors and lawyers, along with organizations involved in caregiving and support services, should not operate without professional liability protection. Experts in fields like financial advising, information technology, real estate, and many other service providers similarly require supplementary liability coverage to navigate potential lawsuits. Connect with a knowledgeable Jole Insurance broker to gain a deeper understanding of the insurance prerequisites for your unique business.