FAQs

     

     

    PBUS – PROFESSIONAL LIABILITY FOR BAIL AGENTS


    RESPONSES TO FREQUENTLY ASKED QUESTIONS


    What does Professional Liability Insurance cover?   

     

    Professional liability – also referred to as Errors and Omissions (E&O for short) is a form of insurance that covers individuals and companies against allegations of negligence made by a client.  The product provides both defense (legal representation) and indemnity (payment of awards, judgments, or settlements) protection, up to the limit of liability. 

     

    Some of the potential liability exposures faced by bail agents that would be covered under this policy include:

    • Failure to procure a bond
    • False imprisonment
    • Unlawful entry into a home
    • Conducting an unlawful search
    • Misrepresentation

    Here are answers to frequently asked questions about professional liability for bail agents:

    Do I still need E&O coverage if company purchases General Liability Insurance? Click here to see the answer.

    What makes the Fox Point E&O offering different from other products available in the marketplace? Click here to see the answer.

    My Bail Agency is incorporated. My personal assets are protected if we are sued. Why do I need E&O? Click here to see the answer.

    What does the term “Duty to Defend mean? Click here to see the answer.