Professional Liability Insurance (E & O Insurance)

Professional Liability Insurance


Think of Professional Liability Insurance (aka Errors & Omission Insurance) as the policy for people who make a living off their expertise. Whereas General Liability Insurance covers mishaps that can happen to any business owner, Professional Liability Insurance addresses the unique lawsuits experts may face.


The two policies complement each other to provide a broad spectrum of coverage for small businesses.

Who counts as an expert? Doctors, lawyers, IT consultants, architects, engineers, and others.

If your business relies on your expertise, you're expected to have extensive training in your field. Your work must meet standards set by your state, industry, or client contracts. Fail to meet these standards, and you could wind up in court.


Professional Liability Insurance can help pay for lawsuits when clients accuse your business of:


Work mistakes.

Undelivered services.

Negligent services.