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Why You Need Professional Liability Insurance
The modern business landscape is fraught with potential legal challenges. Even the most skilled professionals can make mistakes, and dissatisfied clients may seek compensation for perceived errors. E&O insurance provides a safety net, covering legal fees, court costs, and settlements. This protection is invaluable, as legal expenses can be exorbitant and potentially devastating to your business. By having professional liability insurance, you not only protect your financial assets but also enhance your credibility with clients who value the assurance that you are covered against potential mishaps.