One client lawsuit claiming you made a mistake can cost hundreds of thousands of dollars. Professional liability insurance — also called Errors & Omissions (E&O) — protects your business from claims of professional negligence, mistakes, and failure to deliver services.
Professional liability insurance (E&O) protects businesses that provide professional services or advice from claims that their work was negligent, incorrect, or failed to meet client expectations.
Professional Negligence
Covers claims that your professional advice or services fell below the accepted standard of care, causing harm to a client.
Errors & Omissions
Covers mistakes made in the course of delivering your service, including clerical errors, missed deadlines, and oversights.
Misrepresentation
Covers claims that you misrepresented your services, qualifications, or the results your client could expect.
Defense Costs
Covers attorney fees, court costs, and expert witness fees — regardless of whether the claim has merit.
Settlements & Judgments
Pays settlement amounts or court-ordered judgments up to your policy limit.
Breach of Duty
Covers claims that you failed to fulfill your professional obligations or contractual duties.
Any professional who provides advice, consulting, or specialized services to clients is exposed to professional liability claims.