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Call Now (718) 441-2627

Call Now

(718) 441-2627

Location

Queens, New York

Professional Liability Insurance

Professional Liability, also known as Errors and Omissions Insurance, is coverage that protects businesses from claims of negligence, mistakes, or failure to deliver services as promised.

What Does Professional Liability Cover?

 Let’s dive into the essential benefits that ensure your employees are covered when it matters most.

Legal Defense Costs

Even if a claim made against you is baseless, the cost of defending yourself in court could be costly. Professional Liability Insurance covers attorney fees, court costs, and other legal expenses, ensuring that your business isn’t financially crippled.

Errors and Omissions

Professional Liability protects against financial losses caused by mistakes, missed deadlines, or failures to deliver services as promised, ensuring your business is protected from the unexpected. Whether it’s a simple oversight or a critical error, this policy helps mitigate the financial impact on your business.

Breach of Contract

Professional Liability Insurance covers claims that arise when a client alleges that your business failed to fulfill the terms of a contract, leading to financial loss. This protection helps cover legal costs and potential settlements.

Settlements and Judgments

If a court finds your business liable for damages, or if you reach a settlement with a claimant, Professional Liability insurance covers the amount you’re required to pay, up to the policy’s limits.

Claims of Negligence

Professional Liability Insurance shields your business from claims that your services or advice did not meet industry standards, leading to financial harm for your clients. It covers allegations of professional misconduct, helping you maintain your reputation and financial security.

Breach of Confidentiality

Professional Liability protects your business if a client claims that you improperly disclosed sensitive information, resulting in harm or financial loss. Whether the breach was accidental or due to a misunderstanding, Professional Liability Insurance helps cover the costs of defending against such claims.

Let's Get You In Contact With An Experienced Agent Whose Waiting To Serve You

Why Does Your Business Need Professional Liability?

Protect Against Costly Legal Fees

Even if you provide the highest quality service, a client could sue. 

Regardless if the claim is baseless, Legal defense costs can pile up quickly.

Why put your business at unnecessary risk? Professional Liability Insurance ensures that you have the financial backing to cover attorney fees, court costs, and other legal expenses, protecting your business from financial strain.

 

Satisfy Contractual Obligations

Professional Liability Insurance is often a mandatory step in fulfilling contracts with clients, vendors, and partners. 

This coverage not only makes your business eligible for more lucrative opportunities but also builds trust with stakeholders who require proof of insurance before entering agreements.

By ensuring you’re covered, you position your business as a reliable and professional entity that is prepared for any eventuality.  

Increases Your Greatest Asset: Your Reputation

Your reputation is one of your most valuable assets, and a single lawsuit can tarnish it, even if a claim is baseless. 

Professional Liability Insurance not only covers the financial costs of defending your business, but it also helps resolve disputes swiftly and professionally.

 By demonstrating that you are prepared to address any issues, this insurance reassures clients and builds trust, protecting your business’s credibility and maintaining your standing in the industry.

Superior Risk Management

Professional Liability Insurance is a cornerstone of superior risk management for your business. It not only protects your company from the financial fallout of unexpected claims but also demonstrates your commitment to proactively managing potential risks. 

By having this coverage in place, you can confidently navigate complex projects, knowing that you are protected against unforeseen errors or disputes. This proactive approach to risk management not only safeguards your business but further enhancing your reputation and reliability to clients.

Who Needs Professional Liability?

These are some industries that most commonly require Professional Liability

Construction

Construction companies are responsible for large-scale projects that require precise planning, design, and execution. Errors in blueprints, structural calculations, or materials can lead to significant delays, increased costs, or even structural failures. Professional Liability Insurance protects construction firms from claims arising from these issues.

Contracting

Mistakes in electric work, plumbing, or HVAC installations can result in project delays, safety hazards, or costly repairs. Professional Liability Insurance provides essential coverage for contractors, protecting them from claims related to errors, omissions, or negligence in their specialized work.

Architecture

Responsible for designing buildings and structures that are not only functional but also safe and compliant with regulations. Professional Liability Insurance protects architects from claims of negligence, errors, or omissions in their designs, safeguarding their business against financial losses.

Engineering

Engineers play a critical role in ensuring the safety and integrity of structures, systems, and machinery. Professional Liability Insurance covers engineers against claims arising from miscalculations and design flaws ensuring they are protected from the financial impact of such disputes.

Financial Services

Financial advisors, accountants, and investment consultants handle critical financial matters. Errors in financial planning, tax preparation, or investment advice can lead to significant client losses, making Professional Liability Insurance vital for covering claims of negligence or mismanagement.

Legal Services

Lawyers and legal professionals are at risk of malpractice claims if their advice or actions result in negative outcomes for their clients. Professional Liability Insurance covers the costs of defending against claims of negligence, errors, or omissions in legal services, helping protect legal professionals from financial and reputational damage.

Are You Serious About Protecting Your Business from the Unexpected?

Contact us today to learn how Professional Liability can provide that extra layer of security your business needs.

Why Are Businesses Choosing Reliable?

40+ Years of Experience

With decades of experience, our highly-qualified team is prepared to handle all your insurance needs, guaranteeing precision, expertise, and attention to detail.

Customer-First Model

We put you first, with a customer support model that’s built around your needs, offering guidance and assistance whenever you need it.

Peace of Mind

Enjoy the confidence that comes from knowing your business is fully protected, with insurance solutions that give you one less thing to worry about.

Comprehensive Coverage at Competitive Rates

We provide extensive coverage that’s both thorough and affordable, giving you top-tier protection without breaking the bank.

Professionalism and Expertise

Our team of seasoned professionals delivers expert guidance with a commitment to excellence, making sure every aspect of your coverage is handled with the utmost care and precision.

Tailored Solutions

Your business is unique, and so are our insurance solutions—crafted to fit your specific needs and deliver the best possible protection

Don't Just Take Our Word For It

Hear from the satisfied small business owners we’ve had the privilege to protect. 

Gursaif Singh
Gursaif Singh
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Very polite and professional staff.

Syed Majid and Syed Khalid both are exceptionally knowledgeable and very helpful.

I will give this agency 7 Star for service, they go out of there way to help you.

Highly Recommended for any type of Insurance
Abraham Gago
Abraham Gago
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Good personality all people work in the office
Harjinder Singh
Harjinder Singh
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Great series at reasonable prices
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PLUS 3 Other Necessary Insurances For Your Business

Our Professional Liability coverage is extensive, but it doesn't cover all the risks associated with running your business. We offer convenient bundle solutions with other essential business insurances to ensure you're fully covered and have peace of mind.

General Liability

Professional Liability Insurance protects your business from claims of negligence, errors, or omissions, but what about broader risks? General Liability Insurance covers bodily injuries, property damage, and advertising mistakes, ensuring your business is shielded from a wide range of potential lawsuits. This comprehensive protection is vital allowing you to focus on delivering exceptional service without worry.

Commercial Auto Insurance

Professional Liability Insurance covers your business against claims of negligence or errors in your services, but what about accidents on the road? Commercial Auto Insurance protects your vehicles and drivers from the financial impact of collisions, property damage, and bodily injury, ensuring your business stays on track no matter what happens on the road.

Workmans' Compensation Insurance

Professional Liability Insurance safeguards your business against claims of negligence or errors, but what about protecting your employees? Workers' Compensation Insurance covers medical expenses, lost wages, and rehabilitation costs for employees injured on the job, ensuring their well-being and keeping your business compliant with state laws.

Can You Afford to Take Chances?

Whether it’s a lawsuit, property damage, or an unforeseen accident, the potential costs can be crippling. And it’s not just about the immediate financial hit—think about the long-term consequences. The loss of reputation, the disruption to operations, and the stress on your team. The last thing you want is to be caught unprepared when it matters most.

The problem is, the process of securing the right insurance is a time-consuming nightmare. The sheer volume of options available and the number of providers you need to contact is just the beginning. Add to that the complex jargon used in policies, the hours required to evaluate and compare your choices, and the negotiation process that follows. All of this, while ensuring you meet contractual obligations and comply with New York City regulations.

As a business owner already juggling day-to-day operations, who has the time to navigate through it all?

But The Truth Is, The Wrong Decision Can Make You Lose Thousands, or Even Millions

What If It Were Easy and Didn't Compromise your Bottom Line?

That’s where we come in. At Reliable Insurance, we offer a concierge service designed to lift the burden off your shoulders. 

From your initial consultation, our dedicated team dives deep into understanding your business’ unique needs. We work meticulously to search for policies that not only cover the entire scope of your needs, but that ensure you’re getting the best value for your money.

Our mission is to make the process completely stress-free. We’ll patiently answer your questions and handle all the details—managing documentation, negotiating on your behalf, and ongoing policy management—so you can confidently focus on running your business, knowing you made the right decision. Our dedicated team becomes your trusted advisor, ensuring your business is protected with coverage tailored to fit perfectly.

It's Not Just About Insurance

It really is more than just about protecting what you have—it’s about having the confidence to grow your business. The right insurance strategy provides a foundation upon which you can work with peace of mind. It frees you from the constant worry or “what if” and allows you to focus on your craft. Imagine the possibilities when you know your business is covered, no matter what unforeseen circumstance comes your way. 

More financial security.

More respect from your clients, project owners, and employees.

More status in the industry. 

That’s the power of comprehensive coverage.

With Over 40 Years of Experience, Our Team is Ready to Build a Comprehensive and Personalized Plan That Will Allow You to Manage Your Business With Confidence

Are You Ready to Join the Small Business Elite?

In today’s competitive market, the most successful businesses are the ones that think ahead. They don’t just react to risks—they proactively manage them. By partnering with Reliable Insurance, you’re joining a community of business leaders who prioritize security and growth. These are the businesses that not only survive challenges but thrive because they’ve planned for them. 

You wouldn’t be here if you weren’t serious about growing your business, don’t let uncertainty hold you back and take control of your business’s future with the right insurance advisor by your side.