Malpractice Insurance in Vermont
What is Malpractice Insurance?
Professionals are assumed to have expertise in an area, and they’re expected to use their knowledge and skill correctly. Should a professional make a mistake, they may be sued for any damages or harm they cause. Malpractice insurance helps protect Vermont professionals from legal fees and potential settlements associated with covered lawsuits regarding their work.
Malpractice insurance is a form of professional liability insurance. It helps provide protection against liability lawsuits arising from an error that a professional makes. When a covered accusation is made, a malpractice policy will usually cover both the legal fees and any settlement associated with the suit (up to the policy’s limits).
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“I just wanted to take a moment to let you know how great I think Caroline Collins is. – Every time I call to update my policy(and I have updated it a lot over the years) Caroline has been nothing but amazing to deal with. She takes care of all my needs in real time which is amazing. She is very personable, always respectful, extremely knowledgeable, and just all around awesome to deal with. I truly enjoy dealing with her and think she is a huge asset to your business from where I sit.”
“Friendly and prompt – I have been with T.S Peck for many years and have no complaints with their trusted service. They have always taken a friendly approach to their craft and are always willing to answer all of my questions!”
“We Contacted T.S Peck Insurance to inquire about auto insurance/ After with with Jake, we explored combining our auto and home insurance, in turn realizing a big savings.”
“When I called for a quote, my agent was personable and helpful. He always got back to me quickly with answers, which is extremely important. The entire process was handled in a timely manner and was able to meet my expectations and beyond.”
“Jake Hynes and the folks at T.S. Peck have been awesome to work with! As a recent start-up, we were new to the “buying business insurance” scene. One phone call and all our concerns were laid to rest. The service has been great and the prices are very competitive. We recently price shopped again and found we were still in the best hands!”
Who Needs Malpractice Liability Insurance?
Any professional in Vermont who would face serious consequences if they made an error in their work may want to consider getting a malpractice policy. A few kinds of professionals that might need the protection a policy can provide include:
Does an Employer Provide Malpractice Coverage?
Many employers have some form of malpractice coverage, but not all employers’ policies cover their employees.
Some employers’ malpractice policies do provide coverage for employees. In these cases, employees don’t need to purchase their own policies unless they want more protection than their employer’s policy affords.
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For questions or concerns, please contact our independent insurance agents.
Office: 41 IDX Drive, Suite 135
South Burlington, VT 05403
Office: 158 Lake St,
St Albans, VT 05478