319-393-5262

Professional Liability

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 First Iowa Insurance Agency, Inc., 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, First Iowa Insurance Agency, Inc. 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 First Iowa Insurance Agency, Inc. today to prevent mistakes and errors from becoming major losses for your business.

 

First Iowa Insurance Agency, Inc.

4101 Glass Rd NE

Cedar Rapids, IA 52402

Main office: 319-393-5262
Toll free: 800-369-2657
Fax: 319-393-3161

Office Hours:

Mon: 7:30 AM - 5:00 PM
Tues: 7:30 AM - 5:00 PM
Wed: 7:30 AM - 5:00 PM
Thurs: 7:30 AM - 5:00 PM
Fri: 7:30 AM - 5:00 PM
Sat: By Appointment
Sun: By Appointment

Our Providers

Testimonials

Why insure anywhere else, top professionals, very knowledgeable for your insurance needs
Clark Hejda
"As a client of First Iowa Insurance, you are more than just a policyholder. You come to expect personalized, prompt and professional service when working with the First Iowa team. From the simplest of questions to a complicated claim, you have the peace of mind that everything will be handled by First Iowa Insurance."
Nate Dunn
“CCB Packaging has been associated with First Iowa Insurance Agency since 2010. Ron Hammerberg and all his staff offer exceptional customer service and attention to detail. First Iowa is large enough to handle all our insurance needs with the personal touch and attention to detail that we have come to appreciate.”
Brad Canfield, President
“First Iowa Insurance Agency has handled all of our insurance needs since 2009. Their personal guidance and committed support we receive is so important to our growing business. All questions are answered professionally and promptly. We have always felt your insurance company is only as good as your agent, and First Iowa Insurance Agency is one of the best.”
Stacie Sefton BHFO, Inc.