Get Going In Business

In a previous episode, we talked about general liability and cyber insurance with Ryan Andrew from The Andrew Agency. Today we’re finishing up our time with him to discuss professional liability insurance. If you’re a baby boomer, this episode is especially relevant. The Andrew Agency is located in Richmond, Virginia, offering professional insurance services in Virginia, Maryland, and D.C. Click here to find more information on our website. Professional Liability Insurance - Key points General liability vs. professional liability. If your business is about providing advice to others, you need professional liability insurance. Lawsuits cost you, regardless if you win the case or not. A look at examples where professional liability has been claimed. “Per occurrence policies” vs. “Claims made policies.” What is tail coverage? Details that an underwriter will consider when determining the cost of a premium. Your insurance agent should be licensed to operate in your state. There is a good reas