Professional Liability Insurance
Does professional liability insurance cover breach of contract?
It can, depending on the policy terms, especially if the breach is due to negligence or errors in professional services.
Dig deeper
Professional liability insurance generally does not cover breach of contract unless explicitly included in the policy. It's essential to review your policy terms carefully.
Real World Example
A software developer’s policy does not include breach of contract coverage, so they negotiate the terms with their insurer to add this protection.
Expert Considerations
Regularly review your policy and update coverage limits or terms as your business grows or changes focus.
Experience the Difference
Ready to experience the difference of working with a trusted insurance partner? Book your appointment online or call us today for a personalized quote and expert advice.