Georgia Businesses: Do You Know What Professional Liability Is? Do You Need it?Most people think of professional liability only being applicable to doctors and lawyers for malpractice suits. However, this is not the case. Any business, no matter what type can be held liability in professional liability lawsuits. Three examples of how any regular business could be sued for professional liability are as follows:

  1. Professional Liability Suits Over Administrative Errors
    • Even though you may have delegated tasks to certain employees, their mistakes (even clerical) can still come back to you. You can be held liable and would want professional liability insurance to cover that.
  2. Professional Liability Lawsuits Involving Business Partners
    • Business partners are just as capable of suing you as a patient would be capable of suing a doctor. Any unsatisfied business partner can pursue this.
  3. Professional Liability Lawsuits Over Negligent or Incomplete Work
    • Intellectual acts aren’t the only kind you can be sued for. You can also be sued for skilled labor mistakes that are due to negligence or incomplete work. Professional Liability does cover both intellectual and skilled labor.

What does Professional Liability cover?

  • Lawyer fees
  • Administrative costs
  • Expert witness costs
  • Court costs
  • Settlement or judgement expenses

“Insureon.” Insureon. N.p., n.d. Web. 16 July 2015.