Professional Liability Insurance
Professional Liability Insurance policies are used to protect professionals against claims involving the performance of their services. Professional liability insurance is often referred to as Errors & Omissions Insurance or Professional Malpractice Insurance but the basic protection is the same, to help protect from suits alleging negligence in providing the professional service that should have been provided. Cravens Warren has professional liability insurance policies to cover
all major types of professional liability exposures such as:
- Employment Practices Liability Insurance (EPLI)
- Directors and Officers (D&O)
- Errors and Omissions insurance(E&O)
- Group Personal Liability
In today's highly litigious business climate, most companies and professionals should always carry professional liability insurance protection. Many companies and business owners assume that they have the type of protection that they need within their general liability policy, but that is usually not the case. The coverage that is provided by Errors & Omissions policies or Directors and Officers policies, for example, are very specific to the risks associated with these types of claims and are sold as separate policies and with different coverages and exclusions.
Professional liability insurance is available for most professional fields, with some exceptions. As a general rule the higher the value of the work and associated risk in which you are involved, the more imperative it is that you carry professional liability insurance to avoid devastating consequences in the case of a claim against you or your business. Here are just a few of the fields that we can offer professional liability coverage for:
- Nursing Homes
- Insurance Agents
- Insurance Adjusters and Insurance Companies
- Architects & Engineers
- Real Estate Brokers
- Registered Investment Advisors
- Environmental Consultants
- Oil & Gas Industry Consultants
- Travel Agents
- Media Professionals
- Police and Public Officials
- Corporate Directors & Officers.
Use the "Quick Question" form on the right hand area of the page to contact one of our Professional Liability Insurance experts for more information.