Professional liability insurance is a type of insurance that provides coverage to businesses and professionals from claims related to their services. It helps professionals cover costs related to defending themselves against claims that may arise from negligence, mistakes or incompetence. Even if you are not at fault, anyone can file a claim against your business, so it’s essential to have adequate insurance coverage.

The benefits of having professional liability insurance are vast and include protecting your business, providing peace of mind, covering client losses, and defense costs coverage. In conclusion, every professional should have insurance coverage that suits their specific needs.