While discussing the questions about Professional Liability Insurance the first question that comes to mind is what is professional liability insurance.
Professional liability insurance covers you, regardless of claim accuracy. It pays attorney fees, court charges, and compensation. Coverage includes errors, negligence, breach of contract, and personal injuries.
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You must know whether you need this coverage, as in several states, professionals such as doctors, lawyers, and real estate agents are mandated to carry this insurance.
DOES LAW MANDATE PROFESSIONAL LIABILITY INSURANCE
As a business owner, professional liability insurance is crucial. Additional coverages for comprehensive protection include general liability insurance, business owner’s policy, and workers’ compensation.
To ensure that your business is financially covered against all perils, you must contact your insurance provider.
At McCarty Insurance Agency, we are committed to helping you select the right insurance coverages that ensure overall protection. Contact us today for more information on whether your business insurance must include professional liability coverage.