Professional liability insurance
What is professional liability insurance?
Professional liability insurance protects your business assets from claims that may result from advice, expertise or professional services you provide. If your business engages in these activities, you could be at risk for being sued by a customer, client or other party who claims he or she lost money or was harmed in some way due to a negligent act, error or omission.

Who generally purchases professional liability insurance?
Any individual in a profession that provides advice, expertise, recommendations or a professional service to customers, clients or another party would benefit from professional liability insurance.

Why buy professional liability insurance?
Professionals are expected to have extensive knowledge or training in their area of expertise. Additionally, they are expected to perform the services for which they were hired, according to the standards of conduct in their profession. If they fail to use the degree of skill expected, they can be held legally responsible for any harm or financial loss that they cause to another person or business.

What does professional liability insurance cover?
Professional liability insurance protects you in cases of faulty service (errors) or failure to provide a service altogether (omission). This type of insurance coverage pays the cost of your defense and any damages awarded (up to policy limits). Insurance companies have developed many specialized policy forms that respond to the individual risks of particular professions and services.

How is liability coverage categorized?
Professional liability insurance coverage is specialty coverage and is generally not included under homeowners insurance, in-home business policies or business owners policies.

Get protection recommendations and straightforward advice for your business by speaking with a business insurance agent today.
Established in 1936, by Thomas J. Unik Sr., our company has grown to a full service insurance agency that serves the insurance needs of over 12,000 individuals and families and 4200 business concerns in Cleveland, Cuyahoga County and adjacent areas.
Thom Unik
Thomas J Unik
Phone: 216-861-0200
1729 Superior Avenue Cleveland, OH 44114 Toll Free: 1-866-372 UNIK (8645)
Phone: 216-861-0200