What Professional Liability Insurance Usually Covers
- Work Mistakes. When you get sued for making an error that costs a client money.
- Undelivered Services. If you promise a client a particular result from finished work as part of a contract and it isn’t fulfilled this insurance will help pay lawsuit expenses.
- Negligent Services. If your work doesn't meet the standard set, it can help pay legal expenses from being sued.
Did You Know?
The median cost of a contract dispute is $91,000.Court Statistics Project
What Professional Liability Insurance Usually Does Not Cover
- Intentional wrongdoing and illegal acts.
- General Liabilities.
- Employee Injuries.
- Employment Disputes.
- False Advertising.