Protect Your Life’s Work with Professional Liability Insurance
Professionals – from architects and engineers to lawyers, accountants, tax auditors, funeral directors and morticians, IT consultants, and many more – all provide advice and services that people depend on. In the event an error, oversight, or negligence while performing a professional service causes financial damage to a client or other third party, General Liability insurance would not step in to pay to defend the claim or cover any settlements or awards. This exposure is specifically excluded and requires Professional Liability insurance.
At the Regan Agency, we can provide you with a tailored Professional Liability policy (also known as Errors & Omission (E&O) coverage) that is specific to both your industry and business. Without this coverage, you may not be able to get a contract or work on a project, as increasingly more often than not this insurance is required to do business. For example, many construction contracts require evidence of Professional Liability insurance from contractors involved in providing design/build services.