Risk is always a factor in building a business. However, if you provide professional advice or services, you are particularly vulnerable to the risk of extremely expensive negligence or misrepresentation claims. As a Texan and a business owner, you’ve shown hard work and dedication to make a living for yourself, so it’s important to ensure you’re protected from this potential scenario with professional liability insurance. Also known as professional indemnity insurance, or errors and omissions, professional liability insurance protects businesses and individuals like you against claims of errors or omissions.
The Professional Liability Insurance that’s Just Right for You
It’s essential for individuals and businesses who offer professional and personal services to be protected in the event that a client is harmed in any way by the services provided. At AIA, we will work with you to ensure your business is not derailed by a negligence claim that would otherwise cost you hundreds of thousands of dollars and a halt in your business altogether. We will tailor the best possible liability insurance policy to fit your needs. Do you need professional liability insurance? Some personal and professional fields that offer services include:
- Salons and beauticians
- Architects and Engineers
- IT consultants and software designers
- Property and real estate managers
- Management and business consultants
- Family/mental health counselors
What Risks Are Covered with Professional Liability Insurance?
As a business owner, you are aware that you face risks every day. Without professional liability insurance, however, you face a much greater risk. Professional liability insurance generally covers:
- Negligence, errors and omissions
- Defense costs
- Services performed previously
Beyond this, professional liability insurance may be enhanced with cyber liability insurance or data breach coverage. Although professional liability insurance protects you and your business from the crushing weight of defense costs, this coverage does not include criminal prosecution.
Who Is AIA Insurance?
At AIA Insurance, we are a group of Texans with a real passion for helping other business owners within our state. Our history of providing the best personalized insurance policies is long—as is our reputation for maintaining strong business relationships with our clients. That is why we offer a free risk analysis for any local business as a gesture of trust and respect. Have questions about professional liability insurance? We are more than happy to answer any questions or concerns you may have, so please call us today at (800) 666-9551 or contact us here!