Looking for Professional Liability Insurance in Florida?
Swafford Insurance Group, Inc. has you covered — literally.
Professional Liability Insurance (also knows as Errors & Omissions Coverage) covers a wide range of professionals who make their living from their unique professional expertise.
Who needs Professional Liability Insurance?
Lawyers, Doctors, Architects, IT Professionals, Real Estate Brokers, Consultants, and Engineers are just a some of professions who need to be properly covered by Professional Liability Insurance.
If you’re in one of those professions and/or your business relies on your professional expertise, you’re expected to have a certain level of training in your industry or field. Your services and/or advice must meet standards set by your state, industry, and/or written client contracts and agreements.
Failure to meet these standards could result in a substantial financial loss for your client(s), resulting in a significant lawsuit. This is where Professional Liability Insurance comes into play, and why Swafford Insurance Group, Inc. is your go-to insurance company in FL no matter what industry you’re in.
How does Professional Liability Insurance work? What does it cover?
Professional Liability Insurance triggers in a few different situations:
- You make a mistake that costs your client(s) money
- Undelivered results/services
- Negligent services
What to do next
Keep in mind that Professional Liability only covers the “economic” or financial losses suffered by clients and/or third parties, as opposed to bodily injury (BI) and property damage (PD) claims. This is because the latter two types of loss are typically covered under commercial general liability (CGL) policies, which Swafford Insurance Group, Inc. can also help with.
If you’d like a personalized Professional Liability proposal for you and your business, Swafford Insurance Group, Inc. is here to guide you. Call our office today, or start your quote online in a matter of seconds.