Professional Liability

General Liability insurance will not protect against claims of professional negligence. Professional liability coverage is designed to protect professionals (e.g. accountants, attorneys, real estate brokers, consultants, etc.) against liability incurred as a result of a perceived error or omission in performing their professional services. Although there are a few exceptions (e.g., physicians, architects, and engineers), most professional liability policies only cover economic or financial losses suffered by third parties as bodily injury and property damage claims are typically addressed under the commercial general liability coverage.