Protecting Against Professional Liability Claims

Professional liability claims can be very costly, long before any damages are paid out. Legal defense fees for attorneys and expert witnesses, costs of court proceedings and more all will add up quickly when a claimant alleges damages as a result of professionally negligent acts or omissions. In a litigious society, the classes of professionals against whom claims may be brought seems to be ever expanding, including:


  • Accountants
  • Doctors and medical professionals
  • Technology IT experts
  • Design professionals
  • Engineers
  • Architects
  • Attorneys
  • Social workers or psychologists
  • Property developers


The best defense against the threat of professional liability claims is adequate coverage.


Know Your Exposure


Awareness of risks associated with a particular industry is a key part of the equation of crafting suitable insurance coverage. Many insurance agents are generalists, but it is worth the extra effort to consult with a specialist in the area of professional liability coverage to be certain to address all the relevant concerns and obtain an ideal policy.


Reduce Your Risks


Working with an expert, many professionals find they are able to reduce the costs of their insurance premiums by making proactive efforts toward risk management in their practices. A professional armed with the strength and security of thorough and robust insurance coverage is able to focus more effort on providing the best professional services, and less worry about potential exposure to legal liability claims.