Errors & omissions insurance

Smarter Professional Liability (E&O) Insurance

Save up to 35% on your professional liability business insurance

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Rated 5 stars

Error is human, and to protect against those errors your business should be carrying errors and omissions (“E&O”) insurance. E&O is your professional liability business insurance that protects against mistakes in your work, which could otherwise be costly for you and for your business. Professional liability insurance is regulated by many professions, but always advisable if you are offering your educated opinions to the public.

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Only Pay For What You Need

Our quotes let you save up to 35% on your premiums and trim down your policy to only the coverage details that will benefit your business.

Rated 5 stars by business owners

See why other business owners, just like you, love Foxquilt's smarter coverage, 5-star service and insurance built for them.

As a small business owner Foxquilt was perfect for my needs.read more

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Dan MacRiner
10/12/2021

I used Foxquilt for Commercial Insurance and we needed it rather urgently for our home based business. They were really friendly and helpful to deal with and they turned around a policy within a few hours.read more

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Manish Sharma
10/13/2021

I moved all my business and personal insurance to Foxquilt. Love these guys! Great service and quality. Plus you get incredible rates. Highly recommend.read more

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Coulter Wright
10/08/2021

Save up to 35% on smarter business insurance for Professional liability insurance

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What is Professional Liability (E&O) Insurance for Businesses?

Professional liability insurance is intended to cover your business against any mistakes that happen in your work. It does not matter whether those mistakes are completely innocent, or whether they arise from negligence or carelessness. Errors and omissions can be costly or even dangerous for a client, which means the potential for a legal claim against your business is high. Professional liability insurance is essential for protecting your business against these claims.



Who Needs Professional Liability Business Insurance?

Any professionals providing a service, advisors or consultants (finance, law, medical and so on) should carry a professional liability (errors & omissions) insurance policy.



Examples of Professional Liability (E&O) Insurance Claims

Oversight in calculations on a client's tax returns

Divulging information about a client

Paralegal advises client for an early settlement

Preparing a client's tax returns

You were preparing a client’s tax returns and made an oversight in calculating their tax return. That client now faces significant tax penalties, and is threatening to sue for the amount that this mistake has cost them, as well as additional damages.

Frequently Asked Questions

Why Should You Get E&O Insurance Coverage?

What Can Affect the Price of Professional Liability Insurance?

When Should Businesses Purchase Errors & Omissions Insurance?

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