Who Needs Professional Liability Insurance?
Many types of businesses need professional liability insurance. In some states certain kinds of professional practices are required to carry professional liability insurance. In other cases, a client may require a business to have professional liability insurance as a condition of a contract to do work. Some professionals that should consider getting coverage include:
- Attorneys and law firms
- Real estate agencies
- Architects
- Accountants and financial institutions, such as accounting houses and brokerage firms
- Engineers and engineering firms
- Advertising and media firms
- Teachers and educators in private practice
- Educational businesses, like schools and colleges
- Marketing firms
- Cultural organizations, including museums and galleries
- Medical offices and healthcare facilities
- Barbershops and hair salons
- Printing and publishing companies
- Veterinary offices and pet groomers