Professional Liability Insurance

Insurance for Business Owners Throughout Atlanta, Georgia 

Atlanta, Georgia is a wonderful place to start a business, but no area comes without risk. Do you plan on offering specialized services? Is your business run by industry professionals? In this case, you will need professional liability insurance to protect your business’ assets. 

Atlantic International Company of Georgia is dedicated to bringing the businesses of Georgia comprehensive, reliable and affordable insurance. You should have a policy tailored to your business’ needs and budget. We will work hard to help you through every step of the way so that you can operate without worry. 

What Does Professional Liability Insurance Cover? 

Professional liability insurance covers claims regarding professional negligence. If your business offers specialized services, you may stand to cause a lot of financial loss for your clients. A mistake made by one of your professionals can lead to a lawsuit against your business. 

Professional liability insurance covers your business against lawsuits concerning negligence, misrepresentation and inaccurate advice. This insurance can pay for the damages caused by the business as well as help with the cost of your legal expenses, such as settlement costs, defense fees and more. 

What Does Professional Liability Insurance Not Cover?

Unfortunately, professional liability insurance can’t cover everything. This insurance will not cover accidents and lawsuits related to bodily injury, property damage, employee injuries or data breaches. For these protections, you should also consider purchasing: 

• General liability 
• Workers compensation
• Cyber liability/data breach insurance 

You can often save money on important business insurance coverages by combining them into a business owners policy, which is a type of insurance policy geared for small businesses. 

Protect Your Business Today 

A single lawsuit could cost your business thousands or even millions of dollars. Mistakes happen, and it is important to be prepared no matter what may happen. Find a professional liability policy that is perfect for your business by calling Atlantic International Company of Georgia today at (770) 452-6646 or fill out an online quote form to see how much you can save. 

Common Professional Liability Insurance Questions 

 

What is Professional Liability Insurance? 

Professional liability insurance is a type of business liability insurance. It can be bought individually but is often added to business owners policies. 

How Does Professional Liability Insurance Work? 

Professional liability policies are unique in that many claims occur due to a lawsuit. If an action loses a client money, you could face a lawsuit before even realizing that something went wrong. No matter the case, when you file a claim, a claims adjuster from the insurer will investigate the claim to calculate compensation based on your policy. 

How Much Professional Liability Insurance Do I Need? 

Every business is unique and needs professional liability insurance tailored to their needs. If you offer specialized services, you may need higher limits of professional liability insurance. Speak with an insurance professional at Atlantic International Company of Georgia to discuss how much insurance your business needs today. 

What is the Difference Between Professional Liability Insurance and General Liability Insurance? 

Where professional liability covers professional negligence, general liability insurance covers non-professional negligence that includes accidents of bodily injury, property damage and personal and advertising injury.