Does your company provide professional services in Carmel? If so, you’re probably aware that that an error or omission while performing services could lead to a client lawsuit claiming negligence. You know you need insurance for this, but do you know how to find it? Make sure to look for certain characteristics when searching for a Carmel professional liability insurance agent.
Understands Your Exposure
An online search can provide you with insurance options; however, remember that not all policies provide the same coverage. For instance, a consultant’s policy is not going to have adequate coverage for an engineer. In fact, the wrong policy form could include an exclusion that negates coverage completely. The right insurance agent will immediately work to understand exactly what your exposure is to be able to find coverage that addresses it.
Has Access to Multiple Insurers
An agent that sells one insurer’s product may not be able to provide you with the most competitive option. In addition to having varying policy forms, professional liability carriers have different rates as well. You’ll want a representative that can negotiate with several insurers on your behalf.
Provides Loss Prevention Help
You understand that risk mitigation is crucial to the success of your business, but you may be unsure what to do. Seek an agency that not only works on finding you insurance, but also provides advice on how to better safeguard your company against claims.
Not all agents are created equal. Be certain you have the right Carmel professional liability insurance agency working for you.