Professional Liability Insurance
Pinellas Park, Tampa

If you are facing a lawsuit alleging financial harm resulting from the failure of your product or service, this liability coverage can provide defense and indemnification.

Our team will help you assess the risks your professionals face when acting in their respective capacities. We will also help you craft a risk management plan with comprehensive insurance that covers these key liabilities.

Protect your business against lawsuits

Professional liability insurance protects your business from lawsuits, court and legal fees, administrative costs and damages. There are various instances where professional liability coverage can protect your business from litigation. One example is failing to provide a service such as software development, within the required completion deadline. This negligence can set back a company’s operations, resulting in financial harm that your company could be sued for. A professional liability policy will cover damages and provide for the cost of litigation for a covered claim.

Technologies errors and omissions insurance

Another example is failing to provide the most recent information concerning a given product or providing a product that damages the end-user asset, such as a computer. In both instances, you could face lawsuits for the damages. Professional liability is sometimes referred to as technologies errors and omissions insurance. The two are the same except a technology errors and omissions policy is more specific to the communication and technology businesses. Our advisors will conduct a comprehensive risk assessment to identify all professional liabilities your company faces. We will also help you determine what risk you should retain or transfer to another party.

Frequently Asked Questions

• Do truckers need general liability insurance? 

  General liability insurance is different from trucking liability insurance. They sound similar but cover very different things. You don't need it like you need trucking insurance, but it's still very beneficial coverage to have.  With general liability insurance, you cover things associated with business, not trucking or transportation themselves. A couple of these coverages include: 

  • Bodily injury and property damage that occurs due to a covered incident. 
  • Personal or advertising injury. 
• What does trucking insurance cover? 

  Every trucking insurance policy is a little different from the rest based on your or your company's needs. That said, there are several common coverages you can include when building your trucking liability insurance policy.

• How much does trucking insurance cost? 

  Your commercial trucking insurance premium can vary a lot from someone else's, even if you're in similar situations or have similar policies. Some factors that affect premiums include:

  • The type(s) of vehicles you're insuring.
  • How far vehicles are traveling per year.
  • Types of cargo. Drivers' driving records.
  • The location of your center of operations.
  • Standard operating radius.
  • How you store the vehicle(s).
  • Amount of coverage you opt for.

  As commercial trucking insurance professionals, we strive to know you and your worries. We spend time listening and learning to serve you better and help you find solutions. You've worked hard to build and promote your trucking operation. The next step is to protect it. We'll assess your risks and help you tailor an insurance policy. We'd love to chat with you. Contact ARCW Insurance today!

• Not sure which of these coverages is right for your construction firm?

  Our staff provides accurate and timely delivery of certificates of insurance. We also provide assistance and reviews of certificates and risk transfers. With our understanding of the design and administration of wrap-ups, we can help contractors navigate the construction defect litigation landscape. Our tailored risk management solutions enable contractors to respond to market fluctuations and better predict future costs.

• Who needs construction insurance?

  If you're in a construction business you should always have commercial insurance. Many businesses are required by their clients to carry specific coverages before they can work for them. Businesses involved in construction work often specialize in trades like:

  • Excavation
  • Home Improvement
  • Land Clearing
  • Remodeling
  • Home Building
  • Asphalt Laying
  • Welding
  • Fence & Deck Building
  • Concrete Laying
  • Stone & Granite Work
  • Roofing