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Professional Liability Insurance for Your Business

As a professional, you also face exposure related to your specific services. These exposures vary by profession and may result in allegations of financial damage by a client, which can lead to claims against you, costing you money and your good standing.

For example, an attorney is the target of a lawsuit alleging a conflict of interest in a case that didn’t go the client’s way. A real estate agent mistakenly confirms a building is ADA-compliant during a sales transaction based on an old report and is later sued by the new owner when upgrades need to be made.

These and other types of similar claims are covered by Professional Liability insurance. Olson Duncan is well-versed in the many types of policies available, ensuring that your Professional Liability coverage is customized to your profession and the specific services you provide so that you are adequately protected.

What Is Professional Liability Insurance?

 

Professional Liability insurance is designed to cover you if a client holds you responsible for a service that was provided, failed to be provided, or did not have the expected or intended results. Most Professional Liability insurance policies cover defense costs and any resulting settlements and judgments against you or your company up to the coverage limits on the policy.

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Who Needs Professional Liability Insurance?

Any company in the business of providing a service to clients for a fee faces a professional liability exposure and should purchase this coverage, including but not limited to:

  • Accounting
  • Architecture/Engineering
  • Consulting
  • Financial Institutions
  • Healthcare
  • Legal
  • Real Estate
  • Technology
  • And Many Others
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Our Value

At Olson Duncan, we aim to provide clients a total solution, not simply a quote or an insurance policy. With us, you get real value and a long-term relationship based on trust. We would love to get to know you and answer any questions.
To learn more about how we can help you, please call our team at

(310) 373-6441

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