What is the difference between general liability vs professional liability insurance?
A CGL policy or general liability insurance policy is designed to cover businesses from lawsuits due to property damage or bodily injury. This is the most basic form of liability coverage and is included in every business insurance policy.
On the other hand, professional liability insurance or errors & omissions’ insurance is designed for enterprises that offer professional advice or services. It can cover legal expenses from claims of negligence, malpractice, misinformation, and more.