Call for advice and customized recommendations.
+1 (312) 395-0872
Mistakes happen—even to the most experienced professionals. Whether it's a missed deadline, an oversight, or a miscommunication, these errors can lead to costly legal claims. Professional Liability Insurance, also known as Errors & Omissions (E&O) Insurance, safeguards your business against claims of negligence, ensuring that one mistake doesn't derail your success.
This insurance is essential for businesses that offer professional services or advice, protecting against claims that general liability insurance doesn't cover.
Professional Liability Insurance provides coverage for:
Legal defense costs
arising from claims of negligence or mistakes.
Settlements or judgments
if you're found liable for professional errors.
Alleged misrepresentation
breach of contract, or failure to deliver services as promised.
Negligence claims
Missed deadlines
Misrepresentation
Negligence Claims
Allegations of errors or omissions in professional services
Misrepresentation
Claims that services were misrepresented or not as promised
Missed Deadlines
Legal actions due to failure to deliver services on time
Breach of Contract
Disputes arising from unmet contractual obligations
Defense Costs
Legal fees and court costs associated with covered claims
We combine smart technology with real human support. Enjoy free, dedicated access to a knowledgeable advisor who’s ready to answer your questions, offer guidance, and help you navigate every step of the insurance process.
Even the most diligent professionals can face claims—being prepared is key.
You should consider this coverage if:
Industries that commonly need this insurance:
The cost of Professional Liability Insurance varies based on:
Industry and risk exposure
Business size and revenue
Claims history
Coverage limits and deductibles
but rates can differ. Obtaining a personalized quote ensures accurate pricing.
No. General Liability covers physical risks like bodily injury or property damage. Professional Liability covers financial losses due to professional errors or omissions.
While not legally required, many clients or contracts may require you to have this coverage before commencing work.
Policies are typically “claims-made,” covering claims made during the policy period. To cover past work, consider adding “prior acts” coverage.
Yes, bundling with General Liability or a Business Owner’s Policy (BOP) can provide comprehensive protection and potential savings.
Customized Coverage
Tailored policies to fit your specific professional needs
Competitive Rates
Access to top-rated insurance carriers
Expert Support
Licensed agents ready to assist you
AI Assistant Simon
:24/7 support for your insurance queries
Cover AI LLC Insurance Agency License No: 3003609556
Get tools, tips, and insights to protect your future — straight to your inbox. Unsubscribe anytime. Zero pressure.
