Professional Liability 

Professional Liability Insurance - Errors & Omissions

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Do I Need Professional Liability Insurance?

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If you provide a service, advice, consulting or a business process that could lead to a financial loss to a customer, the answer is yes. 

Doesn’t my General Liability/Business Owner's Policy cover me? General Liability policies typically only cover two things: Bodily Injury & Property Damage.  Hence, a great deal of additional exposure exists for professionals.

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Your General Liability or Business Owner's Policy carrier may be quick to deny your claim and assert that they have no duty to defend you as result of a suit or claim based on your professional service.  Even the most confident professionals understand the cost of defense for a professional liability claim would compromise their practice and financial well-being far greater than the minimal cost of a Professional Liability policy.

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Also, most professional service contracts require professionals to cover or indemnify their clients and sometimes 3rd parties for “Errors and/or Omissions”.  These contracts may specify a required professional E&O limit of $1,000,000 to $5,000,000, even for what may seem like a small contract.

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Professional Liability Insurance Policies are unique:

One of our experienced and licensed agents will review important coverages and provisions with you.

• Coverage may be on a Claims-Made basis.

• Extension of coverage to encompass all professional service provided.

• Coverage should include legal defense costs in addition to the policy limit when available.

• Includes all employees, independent contractors.

• Coverage must meet all of your contractual obligations with your customer.

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Contact us today to discuss your needs for Professional Liability/E&O!

• IT/Technology Services E&O Liability

• Lawyers Professional Liability

• Consultants Professional Liability

• Construction Managers/Developers E&O

• Health Care Provider/Home Health E&O

• Employment Practices Liability (EPLI)

• Miscellaneous Errors & Omissions Liability

• Architects & Engineers Professional Liability

• Accountants Professional Liability

• Not-For-Profit Directors & Officers with Employment Practices Liability