Professional liability fills coverage gaps for professionals not covered by general liability. This type of insurance is often required by law or contract. It offers protections that cover financial losses suffered by clients or other people because of your error or lack of action.
If you are in business to serve the needs of others by representing them, designing solutions or offering advice, you would benefit from having professional liability. Examples of such professionals include: real estate agents, property managers, attorneys, accountants, consultants, engineers and many others.