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Professional Liability

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Professional Liability

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What is Professional Liability?

​Professional liability insurance (PLI), also called professional indemnity insurance (PII) but more commonly known as errors & omissions (E&O) in the US, is a form of liability insurance that helps protect professional advice- and service-providing individuals and companies from bearing the full cost of defending against a negligence claim made by a client, and damages awarded in such a civil lawsuit. The coverage focuses on alleged failure to perform on the part of, financial loss caused by, and error or omission in the service or product sold by the policyholder. These are causes for legal action that would not be covered by a more general liability insurance policy which addresses more direct forms of harm. Professional liability coverage sometimes also provides for the defense costs, including when legal action turns out to be groundless. Coverage does not include criminal prosecution, nor a wide range of potential liabilities under civil law that are not enumerated in the policy, but which may be subject to other forms of insurance. Professional liability insurance is required by law in some areas for certain kinds of professional practice (especially medical and legal), and is also sometimes required under contract by other businesses that are the beneficiaries of the advice or service.
(858) 569-8100
(408) 224-4650
2888 Loker Avenue East
Suite 113B
Carlsbad, CA 92010
​Click Here to Email Us

Agency Licenses
​
Network One Insurance  - CA. Lic. # 0b17024
Bill Corley Insurance Agency -  CA. Lic. # 0547239


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Bill Corley Insurance/Network One Insurance
2888 Loker Avenue East
Suite 113B
Carlsbad, CA 92010​
Phone 1: (858) 569-8100
Phone 2: (408) 224-4650
Fax: (408) 604-0935​
Click here to Email Us

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  • Home
  • Insurance
    • Business Insurance >
      • Auto Service & Repair Businesses
      • Contractor's Insurance
      • General Liability
      • Excess Liability / Umbrella
      • Commercial Auto
      • Commercial Property
      • Business Owners Package (BOP) Insurance
      • Business Package Policy
      • Workers Compensation
      • Employment Practices Liability
      • Professional Liability
      • Cyber Liability
      • Insurance Bonds
      • Directors and Officers Liability
    • Personal Insurance >
      • Auto Insurance
      • Property >
        • Home Insurance
        • Condo/Townhome Insurance
        • Renters Insurance
        • Rental Property Insurance
        • Earthquake Insurance
        • Flood Insurance
      • Specialty Products >
        • Boat & Watercraft Insurance
        • Motorcycle Insurance
        • Personal Article Floater
        • Recreational Vehicles & Motorhome
        • Umbrella Insurance
    • Special Lines >
      • Martial Arts Schools and Studios
      • Dance Schools and Studios
      • Personal Trainer and Yoga Instructor
      • Vendor
      • Performer
      • Wedding and Wedding Reception
      • Camps, Clinics & Conferences
      • Stand-Up Paddleboarding
      • Health and Wellness
  • Service
    • Report a Claim
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Online Documents
    • Free Consultation
  • About
    • Staff Directory
    • Insurance Carriers and Markets
    • Refer a Friend
    • Client Testimonials
    • Newsletter
    • Careers
    • Blog
  • Contact