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Why Contractors Need Professional Liability Insurance
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Maybe you've heard about contractors professional liability insurance or commonly known as errors and omissions insurance and you're wondering if you really need it? If you design and provide any sort of advice or consulting, its critical that you also carry E&O insurance to be properly protected. Just keep in mind, its possible that E&O may not be be eligible for every type of contracting business.
Professional Liability insurance can help protect your business against client claims of negligence as well as the cost to repair or redo any work. This policy can also help cover legal costs even if you're not at fault. General Liability insurance will typically only cover any 3rd party injury claims-it will NOT cover against having to redo damaged work.
If you are shopping for insurance or just have some questions, feel free click the link below to have an agent get in touch with you.
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Professional Liability insurance can help protect your business against client claims of negligence as well as the cost to repair or redo any work. This policy can also help cover legal costs even if you're not at fault. General Liability insurance will typically only cover any 3rd party injury claims-it will NOT cover against having to redo damaged work.
If you are shopping for insurance or just have some questions, feel free click the link below to have an agent get in touch with you.
CONTACT FORM:
Connect with us: