As a private investigator, your job description can entail many different things. Background checks, surveillance, and missing persons are just a few of the services your business may be offering. Since your company probably offers some of these unique services, having the right type of P.I. insurance is essential.
You probably already know you will need general liability insurance. This type of insurance covers the basics: legal fees, medical expenses, and personal or property damage in the event that someone were to sue you. But did you know that this kind of coverage is simply not enough when it comes to your private investigation business?
General liability is not as comprehensive as professional liability insurance when it comes to what you need covered as a private investigator. These are a few of the areas in which a professional liability would keep you covered:
- Errors & Omissions
- Assault & Battery
- False Arrest
- Invasion of Privacy
- Libel & Slander
- Personal Injury
Suppose while investigating a case, you accidentally cause a suspect you are following to get injured. Perhaps you are completing a background check for a client and forget to disclose important information about an employee. Maybe you got caught snooping through someone’s trash? All of these are grounds for someone to file a lawsuit against you, and general liability won’t be of much help in these circumstances. Professional liability insurance will help you in these areas should you unfortunately get sued.
For more information on the best coverage for your P.I. agency, be sure to talk to one of our independent agents and request a free quote today!