independent insurance agent
Professional Liability INSURANCE
Broadest Insurance Coverage At The Most Competitive Price
Professional liability insurance (PLI), also called professional indemnity insurance (PII) but more commonly known as errors & omissions (E&O) in the US, is a form of liability insurance that helps protect professional advice- and service-providing individuals and companies from bearing the full cost of defending against a negligence claim made by a client, and damages awarded in such a civil lawsuit. The coverage focuses on alleged failure to perform on the part of, financial loss caused by, and error or omission in the service or product sold by the policyholder.
These are causes for legal action that would not be covered by a more general liability insurance policy which addresses more direct forms of harm. Professional liability coverage sometimes also provides for the defense costs, including when legal action turns out to be groundless. Coverage does not include criminal prosecution, nor a wide range of potential liabilities under civil law that are not enumerated in the policy, but which may be subject to other forms of insurance. Professional liability insurance is required by law in some areas for certain kinds of professional practice (especially medical and legal), and is also sometimes required under contract by other businesses that are the beneficiaries of the advice or service.
THE BENEFITS OF WORKING WITH AN INDEPENDENT AGENT
An independent agent is a licensed professional with strong customer and community ties who gives you excellent service and competitive prices, because agents can access the insurance coverage from multiple companies.
Assists you when you have a claim and is your consultant, working with you to help explain the different types of insurance and determining your unique needs
Offers you a choice of insurance plans and programs
Is a “value hunter,” who looks after your pocketbook in finding the best combination of price, coverage and service
Offers one-stop shopping for a full range of products, such as home, renters, auto, and business insurance; and can periodically review your coverage to keep it current.
Mon - Fri: 7:30 am to 4:30 pm
Sat & Sun - Closed
INDEPENDENT INSURANCE AGENCY
1453 Helmo Ave. N., Oakdale, MN 55128