What does professional liability insurance not cover in Georgia?

Professional liability policies exclude bodily injury, property damage, criminal acts, and employment practices claims. They also exclude known circumstances that existed before the policy was bound. Most policies do not cover fees you are legally owed by a client, only damages you owe to the client. Punitive damages are excluded in many states. Understanding what the policy does not cover is as important as knowing what it does, particularly for businesses that have both professional exposure and premises exposure.