Professional Liability

What is Professional Liability?

Professional liability insurance also known as Errors and Omissions (E&O), is an insurance that helps cover you and your company if you are found negligent in the professional services you provided, even if you haven’t made a mistake. Professionals who have expertise in a specific area require this type of insurance because general liability insurance policies do not offer protection against claims arising out of business or professional practices such as negligence, malpractice, or misrepresentation.

WHO NEEDS PROFESSIONAL LIABILITY INSURANCE?

• Lawyers
• Therapists
• Consultants
• Physicians
• Accountants and Tax Preparers
• Home Inspectors
• Technology Professionals
• Real Estate Professionals
• Engineers and Architectures
• And more

WHAT PROFESSIONAL LIABILITY TYPICALLY COVERS:

• Defense costs
• Personal injury (e.g. libel or slander)
• Work mistakes and oversights
• Undelivered services
• Accusations of negligence
• Missed deadlines

There are different variations of professional liability depending on your professional line of expertise. Please consult one of our agents to proper guide you in the right protection for you.