Professional Liability Insurance
With Univista’s Professional Liability Insurance, stand fortified against claims of negligence or unintended errors in your services. Essential for those offering advice or expertise, ensure your reputation and financial stability remain unshaken amidst challenges.
We have partnered with +20 companies to bring you the best insurance at the best price.
Get a free insurance quote today!
We will call you soon with options to assess.
What is Professional Liability Insurance?
Professional Liability Insurance protects you and your business from potential financial burdens stemming from unintentional errors, omissions, or perceived negligence in the course of your professional services.
Unlike general liability, which covers bodily injuries or property damage, professional liability focuses on the intangible, like errors in professional judgment.
What does Professional Liability Insurance cover?
- Claims of negligence: If a client believes your services caused them financial harm due to negligence, even if no mistake was made.
- Defense costs: It covers legal fees and expenses, whether you win or lose the lawsuit.
- Services rendered in the past: Coverage for services performed before you were even insured (retroactive date must apply).
- Claims and damages: Should a client sue and win, this would cover settlements, awards, or damages up to the coverage limit.
Why do business owners choose Professional Liability Insurance?
- Risk mitigation: No one is perfect; mistakes can happen, and this insurance helps buffer the financial consequences.
- Professional image: It showcases to your clients that you’re responsible and prepared for any unforeseen issues.
- Legal Defense: Legal battles can be costly; this ensures you’re not paying hefty fees out-of-pocket.
- Peace of mind: Allows you to focus on providing quality service, knowing you’re protected against potential claims.
Additional insurance coverages for your business
Protecting your business extends beyond just traditional business insurance. Depending on your specific situation and the type of business you own, there are other insurance policies you might need to consider:
General Liability Insurance
Protects against claims of bodily injury, property damage, and other common business risks.
Business Owner Policy
A tailored package for business owners combining various coverages, such as property and liability, into one policy.
Commercial Auto & Trucking Insurance
Protects you from claims of negligence or incorrect advice you or your professionals might provide.
Workers' Compensation Insurance
Covers medical expenses and wage replacement if an employee gets injured while working.
Subscribe to the Univista Insurance Newsletter
Our latest news and special offers just for you.
By subscribing you agree to receive information from Univista Insurance in your email.