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Professional Services Insurance

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Cornerstone Agency Services, LLC/ professional services insurance

Professional Services Insurance Provided By Our Agency

As a professional services firm, you are constantly at risk of being sued over services you’ve performed. Even if a lawsuit has no merit, defending against it can be costly.

Why do Professional service providers need insurance?

Sometimes mistakes are made, contracts are challenged, data is lost, or an event interrupts your project. When you work in professional services, these setbacks can turn into serious legal issues that drain your bank account and impact your reputation.

Fortunately, some key coverages can respond well to common challenges professional service providers face.

What is covered under Professional Services Insurance?

  • Coverage Solutions
  • Builder’s Risk
  • Commercial Auto
  • Commercial Package (CMP)
  • Environmental
  • Equipment Breakdown
  • Marine
  • Property
  • Umbrella & Excess Casualty
  • Workers Compensation
  • Accident & Health Solutions
  • Crime/Financial Fidelity
  • Cyber
  • Directors & Officers Liability
  • Employment Practices Liability
  • Errors & Omissions Liability
  • Fiduciary Liability
  • Kidnap Ransom & Extortion
  • Media Liability

Who needs Professional Services Insurance?

  • Accountants
  • Architects & Engineers
  • Community Associations
  • Construction Design Professionals
  • Dentists
  • Lawyers
  • Management Consultants
  • Nurses & Allied Healthcare Providers
  • Real Estate Agents

Consider the following scenarios to understand the importance of Professional Services Insurance

  • A management consulting firm makes recommendations that fail to deliver the results the client expected.
  • An accounting firm’s network is hacked, resulting in the theft of personal data.
  • A fire at a graphic design firm causes damage to the building, equipment, and personal property.
  • An employee sues his firm, alleging discrimination and harassment.
  • A consultant is injured while traveling overseas on assignment.

Discrimination, sexual harassment, retaliation, bullying—charges or litigation against a company on these and other grounds can be brought by past, present or prospective employees, resulting in potentially costly settlements or judgments and legal bills.

We know that the risks your professional services business faces are different than the risks affecting other service-based businesses. We also believe you can help defend against your unique set of risks with the right information and some smart guidance. Ensure your business and you are properly protected, talk to us today to know more about professional services insurance.

Already have Professional Services Insurance? Switching is easy

It might be time to switch insurers whenever the service that your existing insurer provides doesn’t meet your needs. For example, if you have a poor claims experience or an unexplained rate increase, it might be time to consider other options

If you cancel a previous policy before a new policy is effective, you could run into some serious financial problems.

Contact us today to help you with multiple options to choose from.
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We extend coverage to individuals and businesses in 
Pennsylvania, New Jersey, and Florida.
Toll Free - (888) 499-2762

Direct to Branch Offices:
Lancaster, PA (717) 898-5982
Moorestown, NJ (856) 499-5191
Elkins Park, PA (215) 298-9398
Philly, PA (267) 678-1705
Tampa, FL (813) 330-5707
Mt Pleasant Mills, PA (570) 539–2758
Garnet Valley, PA (484) 301-3292
Altoona, PA (814) 979-1480
Ebensburg, PA (814) 615-7992
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