Professional Liability
Insurance
Professional Liability Insurance—also known as Errors & Omissions (E&O) Insurance—is designed to protect professionals who provide advice, expertise, or services. If a client claims your work caused them financial harm due to a mistake, oversight, or failure to deliver as promised, this coverage helps shield your business from legal and financial consequences.
Why do you need it?
Even the most skilled professionals can face lawsuits. A missed deadline, misunderstood advice, or perceived negligence can lead to costly claims that put your reputation and livelihood at risk. Professional Liability Insurance offers peace of mind by covering legal defense costs, settlements, and judgments—so you can focus on doing what you do best.
What does it cover?
A typical Professional Liability policy may include:
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Negligence Claims – Allegations that your professional actions or omissions caused financial loss to a client.
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Misrepresentation – Claims arising from inaccurate or misleading advice.
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Breach of Duty – Failing to meet a standard of care or deliver services as agreed.
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Legal Defense Costs – Covers attorney fees and court expenses, even if the claim is unfounded.
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Settlements & Judgments – Financial payments required if you're found liable or choose to settle.
This coverage is essential for consultants, real estate agents, healthcare providers, attorneys, accountants, and any service-based professionals. When your reputation is your most valuable asset, Professional Liability Insurance helps protect it.