Business Solutions

Professional Liability

Professional Liability is a form of liability coverage designed to protect traditional professionals (e.g., accountants, attorneys) and quasi-professionals (e.g., real estate brokers, consultants) against liability incurred as a result of errors and omissions in performing their professional services. Professionals who have expertise in a specific area require this type of insurance because general liability insurance policies do not offer protection against claims arising out of business or professional practices such as negligence, malpractice, or misrepresentation. In some instances, the professional liability policy is known as an errors and omissions contract, but its intent is the same: to cover the exposure to claims arising out of the rendering of or failure to render a professional service.

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Holmes & McDowell
960 Holmdel Road
Building 1, Suite C
Holmdel, NJ 07733
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