1 - SIP - Nutley Office
492 Franklin Ave
Nutley, NJ 07110

973-816-2953
Fax: 973-667-5842

Professional Liability

Professional Liability Insurance in New Jersey, New York, Delaware, Pennsylvania and Throughout the Country

Securing East Coast Businesses from the Impact of Litigation Loss

Operating a business is no easy task. As business owners ourselves, we understand the complexities involved. It takes a lot of patience to oversee the production of a product alongside the growth and development of employees. Business owners can relate to this challenge, especially when the burden is too much to withstand.

 

Professional liability insurance backs businesses throughout the country against the real and costly claims of negligence, misrepresentation, inaccurate advice, and violations of good faith. Liability lawsuits can impact businesses of all sizes and across industries. At Strategic Insurance Partners, we’re in tune with the exposures East Coast employers face and are focused on securing adequate professional liability insurance coverage.

Building a Case for Professional Liability Coverage

Professional liability insurance must be customized to address your business’ specific requirements. For instance, the risks associated with the typical business day of an accountant differ greatly from that of a lawyer. However, both these professions traditionally rely upon professional liability coverage to safeguard assets.

 

At Strategic Insurance Partners, we take time to gain an understanding of the ins and outs of your particular business operation, identifying potential risks before writing the policy. We’ll then work with one of our trusted insurance carriers to line up a fitting solution.

 

Professionals in some industries are expected to conduct business based on the standards established within the profession. If mistakes occur, professional liability insurance can reimburse litigation costs, including attorney fees, court costs, judgments, and settlements.

Within the realm of liability insurance services, the following options are available for professionals:

  • Professional Liability/Errors and Omissions Liability (E&O) – Institutes coverage for errors made by employees who operate on behalf of your business, if fees are charged for these services.
  • Directors and Officers Liability (D&O) – Protects loss if individuals in leadership roles are held liable for actions related to their position.
  • Employment Practices Liability Insurance (EPLI) – Reduces the impact of loss associated with assertions of employment practices misconduct, including retaliation, discrimination, and sexual harassment.

Together, we can proactively address the threats liability claims can have on your business. To learn more about the options available for protection, contact an agent today.

Keeping Your Business Open to Customers

We relate to the sense of urgency connected with defending your business against lawsuits. After all, we own and operate an East Coast company – like you. Therefore, our agents are focused on guiding you each step of the way toward comprehensive protection, making the process as seamless as possible.

 

Put our agents to work establishing protection of your business. Feel free to request quote to get started.

Additional Resources:

At Strategic Insurance Partners, we’re proud to provide professional liability insurance in a selection of states, including New Jersey, New York, Delaware, Connecticut, and Pennsylvania.