Errors & omissions insurance

Smarter Professional Liability (E&O) Insurance

Save up to 35% on your professional liability business insurance

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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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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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