With so many different kinds of commercial insurance, it can be difficult do know what is right for your business. At Safechoice Insurance Agency, we want to make sure your Rochester, MN business is properly protected. That is why we want to outline the difference between Professional Liability Insurance and General Liability Insurance. While the two share similar names, each provides different forms of coverage, so understanding the difference is essential in finding the right business insurance coverage. 

General Liability Insurance

General Liability Insurance provides basic coverage for you, your business and your employees should one of your products or services cause property or bodily damage to a recipient of the product. 

Professional Liability Insurance

Professional Liability Insurance is a bit different from General Liability Insurance in that it protects you should a former client attempt to sue you for not putting forward your best effort. For example, a former client may attempt to sue an attorney, saying the attorney did not put in their complete effort. General Liability Insurance does not provide this kind of coverage. 

When is Professional Liability Insurance Desired?

While the general insurance is an excellent insurance add-on for any business, Professional Liability Insurance is more suited for professional firms where a service is offered (instead of a product). This can include everything form a hair salon to insurance agent, lawyer or accountant. Your commercial insurance agency can help decide what form of coverage is best for your business. 

No matter the kind of business you run, having the right kind of insurance coverage is essential in protecting your company. At Safechoice Insurance Agency, we are all about assisting you and your Rochester, MN company. So whether you have questions about available insurance options or are in need of specific coverage, we are here to help