Who Needs Professional Liability Insurance?
Since many experts are required to obtain state licensing and other certifications, there can be a lot of liability for a business based on someone’s expertise.
- IT Professionals: financial protection from data breaches, software liability, and technical errors
- Accountants: financial protection from accounting errors, data entry errors, and miscalculations
- Architects: financial protection from over-budgeting, delays, and construction material issues
- Real Estate Agents: financial protection from disclosure failures and failure to close
- Consultants: financial protection from inaccuracies or wrongful advice
- Healthcare professionals: financial protection from lawsuits