Professional Liability Insurance in Colorado
We provide professional liability insurance solutions to businesses in Colorado and beyond.
Professional Liability Insurance at The DeLuca Agency and Denver Insurance Brokerage Inc
What is professional liability insurance?
Working in a professional capacity brings certain risks, as professionals are expected to apply their skill or knowledge correctly. Failing to do so could result in a liability lawsuit if the failure costs a client enough. To help protect themselves against the risk of an error resulting in a lawsuit, professionals in Colorado may get professional liability insurance.
Professional liability insurance offers specialized coverage for professionals who give advice or execute a skill. A wide range of white-collar, and select other, work can be insured.
Who in Colorado should be carrying professional liability coverage?
Many Colorado professionals could benefit from the protections of professional liability coverage. It’s broadly available for the legal, medical, financial, real estate, IT and other fields. Some examples of professionals in these fields who commonly get coverage include:
- Financial advisors and planners, wealth and asset managers
- Surgeons, doctors, physician assistants, licensed nurses
- Chiropractors, dentists, massage therapists
- Counselors, therapists
- Lawyers, mediators, paralegals
- Real estate agents, brokerages
- Information technology consultants
- Consultants in other fields
- Construction and trade professionals
When purchased for construction or the trades, professional liability often covers advising clients on how to proceed with the work they need completed.
When getting a policy, professionals should seek the consultation of an insurance agent who specializes in professional liability. Not all policies are suitable for all professionals. A knowledgeable agent who’s familiar with these policies can make sure professionals find a policy that’s designed for their line of work.
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“I became a client of the DeLuca Agency when it bought my previous insurance agency. Fortunately, Caula Campbell-Frazier transferred with the company. She has been a delight to work with–always responds quickly, thoroughly and with a real desire to answer questions or assist you. I can’t say enough good things about her. You will not be disappointed.”
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Spoke with Gloria and she was very knowledge about my insurance needs. She guided me to consider options that are well within my budget and would greatly help my family when needed.
Spoke with Gloria and she was very knowledgeable about my insurance needs. She guided me to consider options that are well within my budget and would greatly help my family when needed.Had a great experience with the DeLuca Agency. We quoted with them one year and decided not to move forward because life got busy. But we decided to try again the next year and we were welcomed back without judgment for not having moved forward previously. The agent (Paige Brown) was very professional and extremely knowledgeable about the various companies, coverage, etc. They are able to cater to high end clients and it shows with their knowledge, thoroughness, and expertise. She spent a good amount of time answering our complex questions and informed us about things we never knew before that go deeper into insurance coverage. They have a nice range of products as well and seem to do what’s best for your unique situation.
Paige with The DeLuca Agency was a great help when I needed insurance recently. Highly recommend.
I have worked with the DeLuca Agency since moving to CO in 2019. Danielle Duffy is amazing and has always helped me out with any and everything I have needed. She goes above and beyond every single time I contact her. Beyond that, she is just an overall pleasant person!
We have been insured through The DeLuca Agency for over 2 years and find their customer service highly responsive. The Staff is extremely professional and knowledgeable. I highly recommend this agency for any of your insurance needs.
Do professionals receive coverage from their employer’s professional liability policy?
In most cases, professionals who work as employees are covered by their employer’s professional ability policy. Any coverage is usually limited to when doing work for the employer, however.
The same isn’t necessarily true of independent contractors and subcontractors. Professionals hired as contractors might be listed as an additional insured, which often grants someone the right to file a claim against another party’s insurance policy. This isn’t common practice in many situations, however, and thus professionals frequently need their own policy when working as an independent contractor.
What kinds of professional liability policies are available?
There are specialized professional liability policies for most types of work that can be covered. Some of the most common kinds of professional liability coverage are:
- Medical Malpractice Coverage
- Legal Malpractice Coverage
- Errors and Omissions (E&O) Coverage
- Directors and Officers Coverage
Errors and omission is mainly for professionals who give advice, rather than execute a skill. Directors and officers may protect professionals in corporate or nonprofit settings.
Does professional liability extend to volunteer work done for charities?
It’s equally important to make sure any needed professional liability coverage is in place when doing charity work. Clients often sue if there’s a mistake that results in significant costs to them, and not so much whether the work is paid for or pro bono.
Securing coverage for volunteer work may be done in a couple of ways:
- Charity Coverage: Some charities that have professionals do volunteer work carry their own professional liability policy. Such coverage would likely apply to work done for the charity, but probably not to free work done independently (e.g. for a neighbor or someone in need).
- Own Coverage: A policy that professionals purchase themselves can usually be set up so it covers charity work. This could be the best option if a charity doesn’t have its own policy, and is something a knowledgeable insurance agent can assist with.
Any coverage that comes from an employer’s policy probably won’t cover charitable work, as it’s usually only for when working in the capacity of an employee.
Does professional liability coverage extend to online services?
Many professional liability policies now cover online services, but this should be verified in the policy terms. An experienced insurance agent can review a policy’s details.
Where can Colorado professionals get professional liability insurance?
If you work in Colorado and need professional liability insurance, contact the independent insurance agents at The DeLuca Agency. Our agents have worked with many professionals in the state, and have the expertise necessary to make sure you find coverage that’s right for the work you do.
Get in touch with our team!
For questions or concerns, please contact our independent insurance agents.
CO Office
6021 S Syracuse Way Ste 207 Greenwood Village, CO 80111
Phone: 720.484.3732
MD Office
500 Redland CT Ste 106 Owings Mills, MD 21117
Phone: 410.521.6500
UT Office
13894 Bangerter Pkwy Ste 200 Draper, UT 84020
Phone: 810.639.0078
Email: steve@delucaagency.com