General Liability vs Professional Liability Insurance

Understanding Liability Insurance

General liability covers physical risks, while professional liability covers errors in services, both crucial for protecting your business from lawsuits.

General Liability Insurance

Covers bodily injuries, property damage, medical payments, reputational harm, and advertising errors caused by your business or its employees.

Who Needs General Liability Insurance?

Essential for small businesses to protect against common risks, often bundled in a Business Owner’s Policy (BOP) for comprehensive coverage.

Cost Factors for General Liability Insurance

The cost depends on your business type, years of experience, location, and industry risk level, with higher-risk industries paying more.

Professional Liability Insurance

Protects your business from client claims of financial damages due to errors or omissions in professional services, covering legal defense costs.

Who Should Consider Professional Liability Insurance?

Crucial for professionals like lawyers, consultants, and accountants, especially when required by law or client contracts for added protection.

Protect your business from costly risks with the right liability insurance. Click on the link below to get a quote today and ensure you’re covered against unexpected claims.

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