NEWS & EVENTS
Professional Liability Insurance For Florida Businesses
There are many types of businesses in Florida that should carry professional liability insurance. One claim can have the potential to financially devastate not only your company but you personally. Can you afford to be without it? Florida commercial insurance agents will be able to determine the potential for loss in your specific business and can tailor your insurance plan to incorporate coverage for such an eventuality.
As an example, businesses involved in the following professions should include cover for professional liability:
- Fitness personnel
- IT industry personnel
- Other professional services
Errors and omissions are possible in any business but if yours is particularly at risk, taking out insurance that may help you cover the costs of defending a claim is likely to be an essential component of your business risk management strategy. The cost of defending any claim can be extremely damaging, even if you are found not responsible. That, along with the time taken from your usual line of business to defend such a claim, may have a serious effect on your business.
Contact your insurance agent today and discuss in detail, the possible consequences of a professional liability claim against you. Your agent will advise you if your Florida commercial insurance affords you enough cover and will be able to discuss appropriate changes if coverage is found to be deficient.
Disclaimer: The above description provides a brief overview of the terms and phrases used within the insurance industry. These definitions are not applicable in all states or for all insurance and financial products. This is not an insurance contract. Other terms, conditions and exclusions apply. Please read your official policy for full details about coverages. These definitions do not alter or modify the terms of any insurance contract. If there is any conflict between these definitions and the provisions of the applicable insurance policy, the terms of the policy control.