Mark Strauss
Independent Insurance Advisor

 

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OREGON PROFESSIONAL LIABILITY INSURANCE

Professional Liability insurance is also known as Errors and Omissions, or E&O insurance. This is a separate type of insurance which protects your business against loss from a claim of alleged negligent acts, errors or omissions in the performance of your professional services. Professional Liability insurance will protect your business from claims due to a simple error which can lead to dramatic financial losses that may be excluded under your general liability policy.

Don't let a professional malpractice or simple mistake put your business at financial risk.

Answer these questions to decide for yourself if Professional Liability insurance is necessary for your Oregon business:

  • Do the services or advice you provide require specialized knowledge?
  • Do your clients pay a premium for such specialized knowledge?
  • Have your clients ever had different expectations than your firm?
  • Has a client ever expressed dissatisfaction with your services or advice?
  • Has your firm or any of it's employees ever made a mistake when providing advice or services?
  • Could your erroneous advice or service impact your client's revenues or cause financial loss?
  • Have you ever performed a service more than once to compensate for a client's dissatisfaction?

If you have answered yes to one or more of the above questions that you likely have a professional liability or errors and omissions exposure.

 

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