What is professional liability coverage?
It's financial protection for professionals against the mistakes they can make in doing their everyday jobs. Just like doctors have medical malpractice insurance to defend themselves against lawsuits, other types of professionals--such as architects, engineers, real estate agents, and technology professionals--need protection in case they make an error or omission on the job. Professional liability coverage pays the insured's defense costs and damages in the case of a claim.
Why do I need professional liability coverage?
Even though professionals always try to do their best for their clients, mistakes do happen. And in such a litigious society, lawsuits have become an inevitability. Professional liability coverage not only pays judgment costs, it also prepares you for a lawsuit by paying claims defense costs. After all, even the fraudulent claims cost your business money.
What we offer.
Schinnerer offers a wide variety of professional liability coverages for professionals in a wide variety of industries. Look to the left margin on Schinnerer.com to see the industries we cover and risks we insure.