professional liability insurance in California
In this litigious world today all the
professionals are susceptible to legal lawsuits. Hence most of
them are opting for professional liability insurance which
provides them with financial protection from lawsuits relating
to their problems. So if you are a resident of California find
the best professional liability insurance in
California to protect you against any unknown.
There are many insurance companies that provide this insurance
to doctors, lawyers, architects, engineers and other
professionals. It is the duty of the insurance company to
defend the insured. Today there are many online insurance
companies. They are convenient and provide the customers with
discounts and ease of use.
insurance companies that provide professional liability
insurance in California:
Camico: This name
is derived from California Accountants Mutual Insurance
Company. The company was formed in 1986 to facilitate the
professionals in that state to have affordable insurance. It
operates in 45 states and offers professional liability
malpractice insurance, employment practice liability insurance,
and practice and risk management services to CPA firms. They
offer stable rates to the firms of all sizes. They provide
insurance coverage of $2 million for smaller firms and $3
million and above for mid size to large companies. They offer
best services to CPA’s through discussions, risk assessment and
action to help them to adapt to more volatile market place to
help them to grow their businesses.
HPSO: this company
has 30 years of experience in providing professional liability
insurance and risk management information to wide array of
health care and counseling professionals. They offer best in
terms of service and convenience as you are able to service
your account through their integrated phone system or through
the online account. They offer coverage for professionals for
24 hours a day irrespective of they being on the job or off
duty. Each claim professional liability coverage is up to $
1,000,000 and the aggregate coverage offered is $ 3,000,000.
Their policy also includes occurrence based coverage, defense
cost, license protection, deposition representation and
defendant expense benefit.
Insurance: the company was founded by Henry L.
Fenner in 1923. Today they are the largest providers of
professional liability insurance to architects, engineers, and
the Built Environment. They have the right knowledge,
experience and expertise to provide comprehensive, cost
effective risk management. They treat clients of all size with
same dignity and respect by guiding them to pay for right
amount of coverage. They are industry leaders in providing
customized coverage plans for these professionals and their
businesses. They deliver best services to help their clients to
manage and plan for all the potential risks to which their
businesses are exposed to.
Today most of the professionals are opting
for this insurance as it acts as a safety net to protect them
from any kind of risks. Professional liability insurance
California protects lawyers, architects, engineers, nurses
and medical practitioners in the event that a partner, client
or third party that claims to have been financially harmed or
otherwise while providing professional services. To avail this
policy the professional has to pay the insurance company
premium each year for the coverage they have opted for.
So to safeguard you personal and business
interest it is wise to buy professional liability insurance