At Mason-McBride, we recognize that your profession is more than just a career – it reflects your specialized skills and dedication.
Professional Liability Insurance (sometimes referred to as Errors & Omissions Coverage) is essential for a range of professionals who rely on their unique expertise.
Who Needs Professional Liability Insurance?
Lawyers, Doctors, Architects, IT Professionals, Real Estate Brokers, Consultants, and Engineers are among the many professions that benefit from Professional Liability Insurance.
If you work in one of these fields or your business depends on your specialized knowledge, you are expected to meet certain industry standards. These standards may be set by your state, professional guidelines, or client agreements.
Not meeting these standards could lead to financial consequences for your clients, potentially resulting in a lawsuit. Professional Liability Insurance helps address such situations. At Mason-McBride Insurance, we are an Independent Agency in Michigan ready to assist professionals across various industries.
How does Professional Liability Insurance Work?
Professional Liability Insurance typically covers situations such as:
- Mistakes that result in financial loss for your clients
- Undelivered results or services
- Negligent services
It's important to note that Professional Liability Insurance is designed to cover financial losses suffered by clients or third parties. It does not address bodily injury or property damage claims, which are typically covered under commercial general liability policies. Mason-McBride Insurance can help you explore these additional coverage options as well.
Why Choose Mason-McBride?
At Mason-McBride, we understand the unique challenges faced by Michigan businesses. As a local agency, we're dedicated to building strong relationships with our clients. We partner with a network of reputable insurance carriers.
Our team stays up-to-date on the latest regulations and industry trends impacting Michigan businesses. We leverage this knowledge and insights and help you navigate potential challenges.
Get a Proposal