Professional Liability Insurance Mississauga
Professional liability insurance (E&O) provides critical protection for Mississauga businesses offering advice or services. Without it, legal disputes can be financially devastating.
Competitive errors and omissions insurance in Mississauga
Mississauga is home to some of the strongest industries in Canada, including pharmaceuticals, finance and banking, aerospace, electronics and computers, equipment, and transportation parts. Professionals who choose to call Mississauga home may find themselves in need of special protection to defend themselves and the services or advice they provide should a client believe they have made a mistake or left out critical information, whether they’ve done something wrong or not.
Standard commercial general liability policies will not cover claims resulting from the advice or services you have provided. Fortunately, EasyCover provides the professional liability insurance Mississauga professionals needs to protect their operations from costly claims. Read on for more information how we can help provide Professional liability insurance in Ontario to cover your legal costs.
Interested in purchasing your professional liability online in minutes?
Acera Insurance offers EasyCover where you can get a quote, bind your policy and pay online in only a few short minutes. Get comprehensive coverage and affordable rates quickly and easily.
Here are some of the benefits of EasyCover:
- Get free online quotes 24/7
- No long, confusing applications to fill out
- Purchase and manage your policy online
- Support by phone, email or chat
- Option to bundle with other coverages
Understanding E&O insurance in Mississauga
What does professional liability insurance for Mississauga professionals cover?
Professional liability insurance in Mississauga safeguards professionals from claims made against them for financial loss arising from professional negligence and other professional wrongful acts.
As for specific expenses, errors and omissions insurance in Mississauga may cover legal costs if a company ever finds itself in court. Legal fees and attorney fees may be covered regardless of whether the company was found guilty. Professional liability insurance can also cover specific kinds of settlements of judgements for which the company is found at-fault.
Mississauga E&O coverage options
With EasyCover by Acera Insurance, you can choose between three different coverage levels for your Mississauga professional liability policy:
- $1 million
- $2 million
- $5 million
It is important to remember that these levels are the maximum amount you will receive for professional liability claims over a 12-month period (no matter the number of claims you have during this period).
How is commercial general liability insurance in Mississauga different than professional liability?
A commercial general liability policy covers third-party liability claims, and will typically only cover claims alleging bodily injury and property damage due to daily business operations, and excludes financial loss.
Note that professional liability insurance in Mississauga will not cover anything that commercial general liability insurance does.
Professional liability insurance and commercial general liability insurance are very different insurance coverages, and you may need both to be fully insured against any potential losses.
If you have questions about your liability insurance and coverage options, our team is here to help! Contact us at info@easycover.ca or 1.844.439.2683.
Offering errors and omissions insurance to Mississauga professionals
From new media professionals to lawyers, all kinds of professionals can benefit from the purchase professional liability insurance. Regardless of the scale of your business or how long you’ve been around, the nature of professional liability insurance is that it protects any business that offers a professional service or advice. EasyCover provides affordable professional liability insurance in the city of Mississauga to a wide range of industries and professions in Ontario and our other service regions, including the following:
- Construction Contractors
- Consultants
- Engineering Contractors
- Finance Professionals
- Forensic Experts
- IT/Computer Contractors
- Legal Professionals
- Managers
- New Media
- Photographers
- Social Service
What situations could lead to a professional liability claim in Mississauga?
Professional liability insurance, or errors and omissions insurance coverage, may typically help your business if it has ever been charged with the following, whether frivolous or actual:
Errors, oversights, or mistakes during an offered service
Professional negligence
Breach of contract or ethical duties
Failure to provide a promised service or standard of care
Failure to meet a deadline
Professional liability insurance costs in Mississauga
The actual cost of a professional liability insurance policy in Mississauga is largely dependent upon what you’re looking for, the type of business you run, and many other factors.
Professional liability insurance has a tremendous range. Smaller businesses in less risky industries may pay less, where larger industries dealing in more sensitive or riskier industries may pay more.
The cost of a policy may vary based on:
- The location of the business
- The type of business covered
- Previous claims or insurance history
- Business experience
- Size of business
- The value of the service/advice being provided
- Coverage options and limits
Your best option for seeing what your policy may cost you per employee is to get a free quote. EasyCover’s widespread insurance market connections allow us to find you options from numerous top-rated insurers in a matter of minutes, without the need to speak to a broker.
EasyCover by Acera Insurance: Direct professional liability insurance for your needs
For your professional liability insurance needs in Canada, EasyCover comes in to help professionals the best solutions. EasyCover by Acera Insurance draws on a huge, extensive network of various insurance market connections to offer clients some of the most comprehensive and competitive professional liability insurance options. Mississauga professionals, whether they’re financial experts, accountants, or anything else, require a personalized policy specific to their needs that can help them to have peace-of-mind while at work.
Professional liability insurance shouldn’t just be affordable and customizable – it should be easy to get. This is why EasyCover created an online, instant quote tool, where clients can get the information they require right away. EasyCover offers one of the only online portals in Canada that gets insurance directly to you, the customer, without the need to first speak to a broker.
Get your own free quote today. You can even bundle your E&O insurance with other liability coverages including commercial general liability insurance, cyber liability insurance, and directors and officers insurance.
Ready to get your free Mississauga professional liability insurance quote?
Simple answer a few questions to immediately receive a quote, bind your policy and pay online in only a few short minutes.