Professional Liability Insurance
Shield your business from costly lawsuits and claims with tailored Professional Liability Insurance designed for North Carolina professionals.
What is Professional Liability Insurance?
Professional Liability Insurance, also known as Errors and Omissions (E&O) Insurance, protects businesses and professionals from claims of negligence, mistakes, or failure to deliver services as promised. Whether you’re a consultant, attorney, accountant, or any service-based professional, this coverage is essential for protecting your livelihood from costly legal battles.
What Does Professional Liability Insurance Cover?
Our Professional Liability policies offer coverage for:
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Negligence Claims: Protection against accusations of professional negligence or failure to deliver promised results.
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Legal Defense Costs: Coverage for attorney fees, court costs, and other legal expenses related to defending your business.
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Errors and Omissions: Protection against claims involving mistakes, errors, or oversights in your professional services.
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Breach of Contract: Coverage for claims arising from disputes over contracts and agreements.
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Defamation and Libel: Protection against claims of slander, libel, or other reputational damage caused by your professional actions.
Who Needs Professional Liability Insurance?
Professional Liability Insurance is critical for businesses and individuals who provide professional services or advice. This includes, but is not limited to:
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Consultants and Business Advisors
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Attorneys and Accountants
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Real Estate Agents and Brokers
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Architects and Engineers
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Healthcare Professionals (in addition to malpractice insurance)
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IT Professionals and Software Developers
If you provide expertise, advice, or services to clients, Professional Liability Insurance is an essential layer of protection.
Why Choose You Insurance Agency for Professional Liability Insurance?
As a North Carolina-based agency, we understand the unique risks professionals face in our state. Our team will work with you to customize a policy that fits your needs.
Comprehensive Coverage
We partner with top insurance providers to offer a wide range of coverage options, ensuring you’re protected against all potential risks in your industry.
Claims Support
If a claim arises, our team is here to guide you through the process. We’ll help you navigate the legal and financial complexities so you can focus on your business.
Affordable Options
Our goal is to find you the best coverage at the most competitive rates. We’ll help you secure a policy that meets your budget without compromising protection.
Frequently Asked Questions
Do I need Professional Liability Insurance if I already have general liability coverage?
Yes, general liability insurance covers physical damages and injuries, but it does not cover claims related to professional errors, negligence, or contract disputes. Professional Liability Insurance specifically addresses these risks.
What happens if a client sues me for not delivering results?
Professional Liability Insurance can help cover legal defense costs, settlements, or judgments related to claims of failure to deliver promised results or services.
How much does Professional Liability Insurance cost?
The cost depends on factors like your industry, the size of your business, your claims history, and the level of coverage you need. Contact us for a personalized quote.
Is this insurance required by law?
While not legally required in most industries, many clients or contracts require professionals to carry Professional Liability Insurance. Having coverage demonstrates your commitment to professionalism and financial responsibility.
Protect Your Business Today with You Insurance Agency
Don’t let a single mistake or misunderstanding jeopardize your business. Professional Liability Insurance from You Insurance Agency provides the protection you need to stay secure and thrive. Contact us today for a free, personalized quote.
Contact Us
Phone: 919-341-0606
Email: ayou@youinsuranceagency.com
Website: www.youinsuranceagency.com
Office Hours: Monday–Friday, 8:30 AM–5:30 PM EST
After-Hours: If you contact us after hours, we’ll return your call as soon as possible for urgent matters.