insurance for claims adjusters

Professional Liability or E&O Insurance is essentially designed for professionals who have a temporary or contractual role in their organizations. It is a form of professional liability insurance that protects Claims Adjusters against claims of inadequacy or negligent conduct.  

While negligence is a very difficult thing to prove, in the worst-case scenario if there is even the slightest chance that you are liable in the capacity of a Claim Adjuster  it is absolutely necessary for you to have E&O insurance to protect yourself against such claims.  

Professional Liability or Errors and omissions insurance often covers court fees and outside settlements up to a certain amount. This is generally fixed based on the kind of insurance contract you might have.

In addition to Professional Liability it is important for a Claims Adjuster to consider the following additional policies:

• General Liability
• Commercial Automobile
• Workers Compensation
• Employment Practices Liability
• Cyber Liability