Professional Liability Insurance
Professional Liability Insurance Quote Forms
Looking for coverage? Click any of the following links to submit a quote for quick, accurate and affordable rates.
Professional Liability Insurance Information
A professional liability insurance policy helps with common claims such as negligence, misrepresentation and inaccurate advice. If a client sues you, this policy may help pay your legal expenses. Professional liability insurance is essential for businesses that provide services or give advice.
The experienced team at American Insurance in Salt Lake City, Utah, and Las Vegas, Nevada, can guide you as you select the coverage that best fits your needs. Contact us today to get started.
What Is Professional Liability Insurance?
Professional liability insurance is also known as errors and omissions (E&O) insurance. It typically provides coverage if clients file lawsuits against your business due to their unmet expectations. Claims may allege the following:
- Insufficient work
- Professional negligence
- Inaccurate advice
Professional liability insurance may pay for the expenses of these lawsuits (e.g., court costs, settlements and judgments) even if the claim is dropped. Having coverage may reduce your business’s out-of-pocket burden in these situations.
Consult with your American Insurance agent for information regarding terms, limits and exclusions (e.g., criminal acts or intentional wrongdoing). We can help secure the professional liability coverage that suits your business’s needs.
Do I Need Professional Liability Insurance?
Professional liability insurance may be required by law, industry standards or specific contracts. Even if it is not mandated, businesses that offer professional services or give advice should consider securing a policy as it can supplement your business’s other insurance.
How Much Does Professional Liability Insurance Cost?
The cost of professional liability insurance depends on several factors, including:
Type of business
- Policy details (e.g., limits)
- Number of employees
- Number of clients
- Years in business
- Claims history
Contact us today for a quote.
Get Professional Liability Coverage Today
The team at American Insurance can help you get the professional liability coverage your business needs. Contact us today for more information.