While owing a business, you must maintain a comprehensive insurance portfolio. However, if you fail to invest in coverage you should carry as an entrepreneur can leave you vulnerable to uncovered claims.

A large number of business owners assign the task of quoting and paying insurance policies to an administrative employee employed with the company. May be it saves your time; it could leave you at risk. As it is your business, you need to take pro-active steps to review your insurance policies at each and every renewal.

When you service your community and you are not carrying insurance for errors and omissions, you must learn how this specialized policy will protect you. Business owners assume that when they carry general liability insurance, they are protected against all possible liability exposures.

General liability insurance includes building and property coverage and covers the most common liability exposures. In such packages, the insurer will pay, if you are negligent for injuries or property damage to a third party. This kind of liability insurance will also pay for founded slander, false advertising and liable claims.

Error and Omissions insurance will cover exposures that are specifically excluded in a general liability contract. It is more often referred to as professional liability insurance. When you cause your client a financial hardship because of a mistake you or your employees make during the course of doing businesses.

Insurers engaged in such deals take on the burden of investigating claim and defending you legally. During the event, the court deems the lawsuit founded, the insurer will pay up to the limits stated on your policy. E&O insurance can be customized to cover any professional in the nation. It’s advisable to sit down and discuss your business with your commercial insurance agent.

If you need a quote for affordable E&O in California, you must review the policy terms and conditions and coverage riders. You have the peace of mind you need to operate on a daily basis. There are a sheer number of insurance companies offering services but all of them do not abide by the promises in real.

As far as California Professional Liability is concerned, the claim needs to allege negligence in either the performance or failure to perform certain professional service.  

Make a note, errors and omissions insurance does not cover intentional, fraudulent, illegal acts or punitive damages in most policies. Whether you need California malpractice insurance or any other professional liability insurance, Imperial insurance agency is there to help you out.

Contact Us

Business Name: - Imperial Insurance Agnecy
Street Address: - 22938 Lyons ave
Country/Region: - California USA
City: - Newhall
State: - CA
Postal Code: - 91321
Phone No: - 800-645-8884
Email: - [email protected]
Website:-www.professional-liability-ins.com