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Professional Liability in Elk River and Maple Grove, MN

Mistakes Happen

In today’s litigious society, lawsuits against businesses are common. And as a business owner, you need to be prepared to protect the integrity of your company if an incident or mistake turns into a claim.

At Affordable Insurance Solutions, we understand that mistakes happen. That is why we are committed to helping you create a Professional Liability policy that keeps your day-to-day operations protected should your business be held legally liable.

What Does Professional Liability Cover?

While it is important for your business to have general liability coverage for property damage and bodily injury, Affordable Insurance Solutions recommends adding Professional Liability Insurance to your business portfolio because it insures the people and/or entities of your business from negligent claims made by third parties, or even internal sources.

From failure to render a service to malpractice suits, Professional Liability can provide a wide variety of options, such as:

Errors and Omissions Liability (E & O) – E & O covers any mistakes made by employees who work on behalf of your business, if your business charges fees for your services. It can include coverage for any errors such as failure to perform or violations of contract. Depending on your industry, your insurance needs will vary.

Directors and Officers Liability (D & O) - Having financial protection for your business’ Directors and Officers can prevent loss in the event that they are held liable from actions related to their corporate positions. This can include anything from conflicts of interest to mismanagement of company assets and violation of laws.

Fiduciary Liability - Fiduciary covers claims that involve the violation of the Employee Retirement Income Security Act, or ERISA. If a manager, for example, violates the financial obligations of ERISA, having the right coverage can protect your company if held liable in situations from imprudent investments to failure to enroll employees.

Employment Practices Liability - With proper insurance, your business can be protected if a worker claims that his or her rights have been violated. This can include violations from sexual harassment and discrimination to violations of the Americans with Disabilities Act (ADA), mismanagement of employee benefit plans, and wrongful termination.

Contact a representative with Affordable Insurance Solutions today to prevent mistakes and errors from becoming major losses for your business.

 

Our Locations

Affordable Insurance Solutions

10997 185th Ave Nw
Elk River, MN 55330
Main office: 612-255-6897
Fax: 763-777-9302

Affordable Insurance Solutions White Bear Lake

11 Apple Orchard Court
St. Paul, MN 55110
Main office: 651-283-2483
Fax: 651-846-5445

Our Providers

Testimonials

Bryan Holte has been a great agent to work with. I have never worried that he overlooked anything or that he didn't know this business inside and out. He operates from a place of honor and integrity and that is rare in this industry!

Gretchen M.
I have worked with Bryan Holte for several years and I have referred him to all my friends and family. He always takes the time to really get to know his clients so he can best serve their needs. Many times he has found better coverage to meet my needs often at a lower cost than I was currently paying. I will continue to refer Bryan, he is a true professional.

Doug C.
I recently transferred all of my insurance policies over to Affordable Insurance Solutions. Bryan Holte helped make it a very smooth and quick process. Bryan helped me reduce my premiums while providing great deductible rates and even increasing my insurance coverage. I will definitely suggest Bryan to all my friends and family.

Eric W.
Bryan Holte has been a great asset! He's saved me plenty of dough and is always a phone call away. I wouldn't insure with anyone else! Plus he's good for a few fishing tips now and again.

Brent S.
I recently worked with Bryan Holte and he was not only respectful of my time and responsive to my needs but he saved me $1500 annually! Thanks Bryan

Mark B.
Thank you Bryan for saving my family, friends and I so much money on insurance! I will highly recommend you to everyone I know looking for insurance.

Jessica Z
Bryan is an ethical, hard-working professional who has always been able to beat the competition with great rates and great service. I recommend Bryan to all my clients!

Ellen G.