Professional Liability Insurance

Cargo insurance above 50k limit isn't uncommon and there are tons of insurance carriers who will write it. What might make it more difficult to find an insurance carrier for this would be if the cargo was high theft risk, high fire risk, etc.

An insurance broker should very easily be able to help you buy cargo insurance. We have previously written cargo insurance up to 2M limits with no issues on high risk items, so it shouldn't be tough for you to line up 50k worth of coverage.

No, the liability exposure is the same.

Yes, you can contact an insurer of your choice offering professional lines coverage to obtain a professional liability insurance quote.

There are numerous companies that offer professional liability insurance to individuals. This, of course, depends on your individual location. Some great providers that I found are ISBA Mutual, Landy Insurance Agency, Insurance Plus and Lawyers Mutual Insurance.

This will vary depending on which company you choose to obtain your quote for Professional Liability Insurance. You should be able to receive a comparison quote within 1 to 5 business days.

Hiscox provides great and secure indemnity insurance for all people. They are a secure and profession corporation and will provide you with great service.

Determining whether a company is good or not is subjective. One example of a good company, however, is NAPLIA, the North American Professional Liability Insurance Agency. They are a Better Business Bureau accredited agency with an A+ rating.

Yes, If your client has a claim against you for damages resulting from your professional advice or services, Your professional Liability insurance will provide coverage for the insured's defense cost as well as coverage for the client if you are determined to be liable.

Sure. Depending on your occupation professional liability can be added as a rider to a businessowners policy. Often times professional liability will be a separate policy. I recommend that you contact a good independent insurance agency that represents several insurance companies so they can find you the best policy for your needs at the best price.

Professional indemnity insurance pays for the legal costs and any judgments up to the coverage limit. Also it may help with conducting an investigation to help with your case.

Professional Indemnity Insurance helps professionals from being legally responisible in a negligence lawsuit. It keeps lawsuits down saving companies from a lot of money.

Professional indemnity insurance protects you and your company against instances like a client holding you liable for advice causing them financial loss.&Professional indemnity insurance rates range from 0.5% of your total cover to 1%.

Malpractice insurance is a form of Professional liability insurance usually tailored for persons or firms practicing in the legal and medical professions. Malpractice insurance is the term used for Professional Liability insurance in the Medical and certain other professional fields.

Self employed people who give professional advice such as a psychologist, attorneys, doctors, lawyers, accountants, architects engineers etc need to have this insurance to cover any damages from their advice with their clients.

There are many companies that offer liability insurance. Some companies are State Farm and All State. You can get quotes for all of these companies online.

It just depends on the type of business you are engaged in

You should have professional liability insurance if you give professional advice or services. Professional Liability provides individuals and companies protection from bearing the full cost of defending against a negligence claim made by a client, and damages awarded in such a civil lawsuit.

It depends on what kind of liability insurance you're seeking. If you want car insurance, Geico and StateFarm are generally very inexpensive, though it all depends on your car and driving history. If you want business liability, look at TechInsurance or Nationwide for the best fit.

If you are an artist, you can try ACT Insurance Program - cheap and simple artist liability insurance, starts from $265 annually or from $39 per show.

Also there are companies that sells product and general liability insurance for businesses and individuals.

By no means should you shop by price only. The amount of premium that you are charged depends upon a number of factors, not the least of which are policy limits (the mount of insurance that you buy) --liability limits.

This really depends on the nature of your work and relations with your clients and companies.

Generally if you are self employed working by contract you would obtain your own Professional Liability Insurance to cover any perceived risks. If you work in the employee of another company then the employer would provide coverage it deems necessary.

The same as on all insurance policies.

An additional insured is someone who is also insured along with you on the policy.

A certificate holder is someone that you have an obligation to provide your proof of coverage. The certificate holder will also be notified of all policy changes, lapses, cancellations, expiration's and renewals.

If you receive a cancellation notice, policy change, a late payment notice etc., The certificate holder will also receive these notices.

Allocated Loss Adjustment Expense

$750.00 a year

Legal Malpractice Insurance is coverage specifically for professionals practicing in the legal field

Wouldn't that depend on the Question.

It means that the professional has obtained security in the form of an insurance policy for the protection of the professional and the client from errors or omission in the services or advice provided.