How Long Does It Take to Get a Professional Liability Quote?
Apr 25, 2021
Does it take long to get a Professional Liability insurance Quote?
In an age in which we are accustomed to everything being available at our fingertips with simply a tap on a phone screen, we know it can feel annoying to not know when you will get a quote - especially after you have put in all the energy to collect information about your business and fill out the appropriate applications. In this blog, we'll provide a bit of insight into the process of obtaining a Professional Liability Quote and will explore the amount of time it will take to receive a quote.
How Can I Get a Professional Liability Quote?
It's possible to get a Professional Liability quote either online or offline. If you prefer an offline method, you can get started by contacting an insurance agent or broker. The next step will be to give them information about your business; once they have the necessary details they can get back to you with a quote.
If you choose to seek out a quote online, you can look up an insurance website (like Foxquilt) and can use a digital method in which you will input information about your business and then get a quote based on the information you have provided.
Whichever route you decide on, it is recommended that you have access to financial data and details about your business before starting the process. Here's some of the information you should have ready to create a smoother process:
- Type of business (industry and services offered),
- Number of employees, employee payroll,
- Projected and previous revenues,
- Licenses and certifications,
- Location of your business,
- Number of years it has been in operation
How Long Does It Take for You to Get a Professional Liability Quote?
This process of filling out an online form or providing an agent with the above information can take a bit of time. You can expect to spend about 20 minutes working through this process, depending upon the length and complexity of the information. Foxquilt users spend around 5-10 minutes on average filling out our online application; we've made sure to streamline our application to make it fast and convenient for you. No matter how you decide to take on this task, remember to put in all information as truthfully and as correctly as possible to ensure you get the most accurate quote.
After you fill in all of the information, it may take up to 72 hours for a website or an agent to get back to you with a Professional Liability quote. On average, it takes about 48 hours to get a Professional Liability quote.
Learn the answers to another common question we hear about Professional Liability Insurance, "How much does Professional Liability Insurance cost?"
At Foxquilt, we value your time and know the importance of being able to find smarter solutions for all of your business needs when it comes to insurance. Every business is unique, so we provide a customized quote, specifically tailored to you. Our technology and team of experts do the work so you can get your business insured fast. Get started on your online quote today.
How Do I Upload My Proof of Insurance (COI) to Amazon?
Congrats on getting your Amazon seller insurance coverage! One last step: Uploading it to Amazon. Here’s a step-by-step guide on how to do it.
Will My eCommerce Insurance Cover My Business at an Event?
Not sure if your current eCommerce insurance will provide you coverage at an in-person event? Let’s break down what you need as an event vendor.
Cross-Border Amazon Seller Insurance for Canadians Selling in the US
“Help! I’m a Canadian Amazon seller selling in the US and I need insurance.” Foxquilt’s policies protect you for cross border sales in Canada and the USA.