Professional Liability Insurance for Edmonton New Media Consultants
Edmonton’s growing creative sector comes with risk. E&O insurance helps digital media consultants protect against disputes over usage rights, delivery issues, or campaign results.
Errors and omissions insurance for new media consultants in Edmonton
If you’re a new media freelancer, contractor or small business owner, it’s important to financially protect yourself. If you’re sued for causing financial loss due to your professional service or advice, could you afford the legal expenses? Professional liability insurance can help. Luckily, EasyCover makes it simple to get the right coverage:
Step 1:
Tell us how to
contact you
Step 2:
Answer a few questions about your work
Step 3:
Choose your
Insurance options
Step 4:
Review your coverage
and pay online
Once you’ve paid, you’re insured! We send you your policy documents immediately. It really is that easy! Plus, you can add on protection like commercial general liability, cyber liability and director & officer’s Liability if you need them.
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
The importance of E&O insurance for Edmonton new media consultants
New media professionals in Edmonton should have professional liability insurance. There are two main reasons:
- First, your clients or governing bodies may require you to have a certain level of professional liability insurance. In Canada, this is generally $1 million or $2 million worth of protection. Having this coverage also looks good to prospective clients.
- Secondly, lawsuits are expensive. Unless you can afford to pay for one out of pocket, professional liability insurance can reduce the financial burden and give you peace of mind.
The right amount of coverage will depend on your individual situation. At EasyCover, we offer three levels of protection:
- $1 million
- $2 million
- $5 million
Remember, this is the maximum amount your insurance will pay out over your 12-month policy period, regardless of the number of claims.
Consider your contract requirements, the likelihood of a lawsuit, and the expected cost of a lawsuit when determining how much coverage you need.
Edmonton new media consultants insured through EasyCover
With EasyCover by Acera Insurance, we insure the following new media professions:
- Advertising Consultant
- Brand Consultant
- Copywriter
- Editor
- Event Organizer
- Graphic Designer
- Interior Designer
- Market Research
- Marketing Consultant
- Media Buyer
- Public Relations Consultant
- Website Designer
Contact us if you don’t see your profession listed and we’ll see how we can help!
Professional liability insurance new media claims examples
Here are some scenarios Edmonton new media professionals may be covered by professional liability insurance.
Professional error
If you make a mistake (like causing a website to malfunction or inputting the wrong copy or design), your client could sue you if it causes them financial loss.
Copyright accusation
You’ve designed a new logo for a client but another company in the same industry accuses you of copyright infringement.
Negligence
Sales fail to rise after you provide your marketing service or advice, and your client blames you for bad advice causing the financial loss.
Missed deadline
You miss a critical deadline and your client’s ad doesn’t get placed. They sue you to cover their financial loss.
FAQs: Professional liability insurance for Edmonton new media professionals
Yes, new media professionals in Edmonton should have professional liability insurance. Also refereed to as PLI or E&O insurance, this coverage offers essential financial and legal protection in the event a client chooses to take legal action against you for the professional advice or service you provided.
Professional liability insurance covers Edmonton new media professionals if they’re sued for negligence causing financial loss due to their service or advice. This includes legal expenses such as defence costs, judgement awards and settlements.
Bodily injury, property damage and criminal acts are not covered. Your policy documents will outline all exclusions.
The cost of professional liability insurance for new media professionals in Edmonton will depend on their individual situation. Factors such as annual revenue, number of employees and coverage options impact your premiums.
Here are a few examples of what you may pay for Edmonton new media professional liability insurance:
- A graphic designer freelancer in Edmonton making $60,000 with no other employees might pay $440 per year for basic professional liability.
- A marketing consultant with one employee in Edmonton making $140,000 may pay $660 for basic professional liability insurance. They can upgrade their coverage to $2 million for a total of $858 each year. Cyber liability can be added on for an extra $150 each year, as well.
- A public relations consultant earning $230,000 each year in Edmonton with no employees might pay around $1612 per year for $5 million professional liability insurance protection ($946 for basic coverage).
Optional commercial coverages for new media freelancers in Edmonton
Besides offering professional liability insurance, EasyCover can also provide a few additional coverages for new media freelancers in Edmonton.
Commercial General Liability Insurance
Commercial general liability insurance (CGL) is the most basic form of liability insurance. It offers protection in the event that you or any of your employees accidentally injure a third party or cause damage to their property while carrying out business operations. This includes any injuries or damages that occur on your premises or on a client’s property.
CGL insurance is considered a critical coverage option and if you have professional liability insurance but leave CGL out, you may leave your business vulnerable. We start CGL coverage at $1 million but you can choose higher limits if desired or required.
Directors and Officers Liability Insurance
Directors and officers can be held personally responsible for their actions while serving on a board of directors if they have acted outside the law or failed to perform their duties properly. Directors and officers liability insurance (D&O) is designed to offer protection for directors and officers, covering legal expenses from claims brought by regulatory bodies, suppliers and vendors, employees, creditors, and customers.
Criminal penalties or offences will not be covered as this type of loss is not insurable by law
Cyber Liability Insurance
Cyber liability insurance is designed to help cover certain costs following an alleged or actual hacking event or privacy breach. EasyCover’s cyber liability coverage includes network security liability and privacy liability. It may help cover the cost of network security and privacy breach costs, business income interruption losses, defence costs, extortion fees, digital asset losses, and regulatory fines.
Every policy has a specified limit, so be sure to familiarize yourself with yours and note any exclusions or separate deductibles.
Why should new media consultants in Edmonton choose EasyCover by Acera Insurance?
Edmonton new media consultants should choose EasyCover for their professional liability insurance because we offer:
- Excellent coverage.
- Affordable prices.
- Quick and convenient quotes.
- Ability to purchase your policy online.
We’re one of the few digital options in Canada – you don’t need to speak to a broker to get insured! Ultimately, we provide the professional liability insurance new media consultants in Edmonton need.
Ready to get your free 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.