Professional Liability Insurance
This coverage, also known as errors and omissions insurance, is tailored to the specific risks in your field. Coverage includes:
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Bodily injury to a third-party resulting from your services
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Claims of negligence even if you haven't actually made a mistake
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Awarded damages and legal defense costs
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Claims for libel and slander arising from your services
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HIPAA violations covered up to $25,000
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Claims arising from services performed by employees, interns and temporary staff
What is professional liability insurance?
Professional liability insurance, also called errors and omissions insurance (E & O insurance), protects your business if you are sued for negligence, even if you haven't made a mistake.
Defending your business can be financially crippling. However, you can feel secure with Univision Insurance. If a covered claim is brought against you, we'll immediately defend you and appoint an attorney if necessary. If damages are awarded, we'll pay them up to your covered limit.
Do you need professional liability insurance?
You may feel confident in the quality of your work, but any business can be sued for negligence when its work doesn't meet a client's expectations. If you’re a consultant or a small professional business, buying liability insurance is the right thing to do.
You should seriously consider professional liability insurance if your business:
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Provides a professional service.
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Regularly gives advice to clients.
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Is requested by a client to have professional liability insurance to complete a contract.
Why choose Univision Insurance to get professional liability insurance?
Univision Insurance is reinventing the way insurance can work for your small business. We specialize in professional liability insurance coverage for professional services businesses with fewer than 10 employees. Here are a few ways Univision Insurance stands out among other insurers:
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Univision Insurance understands the time constraints that come along with being a small business owner. That's why we're the first U.S. insurer to offer professional liability insurance coverage (errors and omissions insurance) that can be bought directly and online - in real time.
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Customized coverage: We know that not every business is the same. So we customize policies for specific professions. This way your business will get the right coverage it needs for the specific risks it faces. For example, if you’re an IT/technology consultant, Hiscox will automatically add $200,000 of coverage for software copyright infringement. When it comes to the right coverage, we’ve got you covered.
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Work completed by all staff is covered: Unlike some policies, our professional liability insurance covers work done by your employees, temporary staff and subcontractors.
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Competitive rates: Our competitive professional liability rates start from as low as $270 per year.
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Claims responsiveness: Our job is simple - to be there for you when you need us. When a covered claim is reported we will immediately defend you and, if necessary, appoint an attorney, even if the claim has no basis.
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Worldwide coverage: We understand that business often crosses borders. So we cover work done by your business anywhere in the world, as long as the claim is filed in the United States, a U.S. territory or Canada.
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Flexible payment options: We offer you the option of making monthly payments to help you manage your cash flow.
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Flexible coverage: Our flexible coverage limits and deductible options allow you to choose the right coverage and price for your business. You can also update your policies and limits over time as your business needs change.
General Liability
Insurance
All businesses should have this basic protection. Coverage includes:
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Injury to a third-party (not resulting from your services) and related medical bills
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Legal defense costs even if the lawsuit is groundless
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Liability resulting from damage to someone else's property
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Actions of temporary staff covered as standard
What is general liability insurance?
It is one of the most common types of small businesses insurance. Hiscox general liability insurance, also called commercial general liability insurance, which protects your business in a number of ways.
For example, let's say you are visiting a client’s office. And while you're there, your client trips over your briefcase and gets injured – your business may be liable.
This is how our small business general liability insurance coverage will protect you. Your fault or not, we’ll cover your defense costs, which can be damaging to the finances of your small business if you don't have insurance. And if you are found liable, we’ll pay the damage and related medical expenses, up to your policy limit. In today’s environment, every business should consider general liability insurance.
Who needs general liability insurance?
You may be wondering if your business, since it’s small, really needs this coverage. You should consider a small business general liability insurance policy if you or your employees:
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Visit a client's place of work, or if the client visits yours. Any accident resulting in bodily injury could lead to a claim against you.
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Have access to a client's equipment. For example, let's say you're an IT/technology consultant, and you accidentally damage a client's server - you could be liable.
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Write or speak about a client's business. A simple mistake could leave you open to a libel or slander claim.
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Use and run the risk of damaging third-party locations related to business activities, e.g., rented offices, training space, conference/event locations, etc.
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Are required to have general liability insurance before entering into a contract. Many clients will demand to see proof that you have at least $1 million in coverage.
Why get Univision general liability insurance?
Univision Insurance specializes in insuring professional services businesses with 10 employees or less. Our general liability coverage can be customized to your needs and provides great value for the money.
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Univision Insurance offers general liability insurance that you can buy directly, either online or over the phone from a licensed advisor.
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Comprehensive coverage: Unlike some policies, we cover claims arising from the actions not only of your employees, but also temporary staff.
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Flexible coverage: Our various coverage limits and deductible options help you get the right coverage at the right price.
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Claims responsiveness: We know that any claim can be a distraction to your business. If a covered claim is reported to us, Hiscox will immediately handle the claim and, if necessary, appoint an experienced attorney to defend you, even if the claim has no basis.
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Competitive rates: Our general liability insurance rates can start from as low as $350 annually.
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Payment options: Univision Insurance offers the option of making monthly payments to help manage your cash flow.
This information is provided to assist you in understanding the coverage we offer and does not modify the terms and conditions of any insurance policy, nor does it imply that any claim is covered. Coverages are subject to underwriting and may not be available in all states.