This policy is designed to protect you and your business against claims of negligence, mistakes, errors, or omissions in the services you provide to your clients, that lead to financial damages to your clients.
The insurance policy typically covers legal liability and the legal costs associated with defending against the claims.
You choose the level of coverage that is appropriate for your business, and you pay a premium to the insurance company. When a claim is made against you, you have to inform your insurance company immediately.
The insurer will assess the claim and determine if it is covered by the policy. If it is, the insurer will provide legal representation and, if applicable, financial compensation to your clients.
Depending on the magnitude of the claim, damages, and litigation costs can quickly spiral out of control, leaving you to deal with expensive legal costs or damages on your own.
Professional liability insurance provides a critical layer of protection that every business offering professional services should have.
These claims can arise from mistakes, errors, or omissions in the services provided by your business, including failure to complete work, inaccurate advice, or misrepresentation by your employees.
It’s important to note that professional liability insurance does not cover intentional wrongdoing or criminal activities by you or your employees.
If you’re interested in purchasing professional liability insurance, contact Uniserv Insurance Services today. Our team stands ready to offer guidance and answer all your questions.
Running a small business in California comes with amazing opportunities, but it also presents unique challenges—especially when it comes to managing employee relationships. From wrongful…
Inflation affects nearly every aspect of daily life, from the price of groceries to the cost of insuring your most valuable assets—your home and vehicle.…
Operating as an independent contractor or a small construction firm in California comes with significant responsibilities. Beyond completing projects on time and within budget, contractors…
Many Californians believe that minimal insurance coverage is enough to protect them against life’s unexpected challenges. However, when disaster strikes, being underinsured can lead to…
California is no stranger to climate change impacts, with its residents and business owners already feeling the effects of intensifying natural disasters. From devastating wildfires…
When was the last time you reviewed your insurance policies? If you’re like many Californians, it’s easy to “set and forget” your coverage after purchasing…
