If your business provides personal or specialized services like wedding photography, beauty and spa services, financial advice, estate planning, or business consulting — professional services insurance helps safeguard your business when unexpected events occur. This coverage is essential whether you operate a small business or a larger-scale operation.
When choosing your policy, consider commercial property, general liability, and business income insurance that match the size and scope of your business. These coverages help protect your investment, ensure continuity, and provide peace of mind.
Errors & Omissions (E&O) Liability – Protects you if a client claims your service caused financial loss or harm.
Malpractice Insurance – Specifically for medical professionals or specialized advisory services.
Assess your industry’s risk level and potential for client lawsuits. Without the right coverage, you may be responsible for legal costs and damages out of pocket, which can be financially devastating.
Policy cost depends on multiple factors, including:
Your profession and industry
Risk level for your line of work
Business location
Size and scale of operations
Many clients require proof of insurance before signing contracts. Having coverage in place:
Protects your business financially
Builds credibility and trust with clients
Demonstrates professionalism and responsibility
All Assured Solutions