Professional Liability Insurance in Bedford, NH

Professional liability insurance is essential for businesses and professionals. These policies represent a key element of a suitable business insurance portfolio, including for those who are relied upon to provide advice, services or expertise to clients. By understanding this type of insurance and securing suitable coverage, you can enjoy robust financial security even in the wake of unexpected mishaps.

What Is Professional Liability Insurance?

Professional liability insurance, often called errors and omissions (E&O) insurance, financially protects your business if a client claims that your services caused them financial harm. Unlike general liability insurance, which largely focuses on physical consequences (e.g., bodily injuries and property damage), professional liability insurance focuses on claims related to the quality of your professional services.

Who Needs This Type of Coverage?

Many types of businesses and professionals in Bedford, NH can benefit from this coverage, including, but not limited to, consultants, real estate agents, marketing professionals and health care providers. As a general rule, if customers trust your business to provide professional advice or services, this type of insurance should be a top priority. In fact, some clients may even formally require you to have a policy before agreeing to do business with you.

What Can My Policy Cover?

Like many types of insurance, professional liability policies can be tailored to suit your business’s needs and preferences. Still, while certain aspects may vary, you can generally expect your coverage to provide financial aid for legal expenses and losses in response to claims, such as for attorney fees, court costs, settlements and judgments. Specifically, your policy may help your business respond to the following allegations:

• Professional errors
• Inaccurate advice
• Misrepresentations
• Omissions
• Oversights
• Negligence
• Missed deadlines

We’re Here to Help

At Dyer Insurance Agency, we aim to help businesses in and around Bedford, NH secure professional liability insurance policies that align with their unique needs and circumstances.

Contact our team today to discuss your coverage options or compare quotes.