So you applied for Professional Liability Insurance quotes for your small business? Perfect – you're on the right track. But now that you have those quotes in your hands (or on your screen), you might be wondering what in the world it all means.
Your quotes may seem daunting, but deciphering all that information is simpler than you may think. Let’s go over some of the key parts in your quotes, including…
When we’re finished, you should have a better understanding of your Professional Liability quotes and your coverage options.
The numbers sprinkled throughout your quotes aren’t part of an elaborate insurance roulette. There is a method to the madness. Here are some numbers that you should pay attention to:
You requested Professional Liability Insurance quotes from Insureon, so who are these other people? Insureon is an insurance agency, and the other companies listed are insurance providers. What’s the difference?
Earlier, we mentioned you'd see numbers under your quote's liability coverage section. Here’s the skinny on what your Professional Liability coverage and limits may look like:
There’s some tricky insurance lingo in your Quote, but here's the gist of what some of these terms mean:
If you're still befuddled by your Professional Liability Insurance quotes, contact a knowledgeable Insureon agent (800-688-1984) to walk you through them. For a more in-depth breakdown, read our post “Decoding Your Small Business Insurance Quotes.”