Business Insurance
Professional Liability Insurance
Professional liability insurance—often called errors and omissions (E&O)—protects your business from claims that your advice, services, or work caused a client financial loss or harm.
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What is Professional Liability Insurance?
Professional liability insurance covers claims that your professional advice, design, or services caused a client to suffer a financial loss or other harm. It can cover legal defense and settlements even when you did nothing wrong.
It's commonly used by consultants, designers, accountants, architects, and other professionals whose work could lead to client disputes over quality or outcomes.
Key Benefits
Common Uses for Professional Liability
Advice or design error
A client claims your recommendation or deliverable caused loss
Missed deadline
Claims that a delay or non-delivery caused harm
Contract requirements
RFPs or contracts require E&O coverage
High-stakes services
Your work has significant financial impact on clients
Frequently Asked Questions
Professional liability insurance also called errors and omissions (E&O) covers claims that your professional advice, services, or work caused a client financial harm. It pays for legal defense and settlements even when claims are unfounded or you believe you did nothing wrong.
Consultants, designers, accountants, architects, IT professionals, financial advisors, and other service providers whose work directly affects client outcomes. Many clients, RFPs, and contracts require proof of E&O coverage before engaging with a service provider.
General liability covers physical incidents bodily injury and property damage. Professional liability covers financial harm caused by professional errors, omissions, or negligence in your services or advice. Both are often needed, but they cover very different types of claims.
No. Professional liability covers unintentional errors and negligence not deliberate misconduct or fraud. Most policies also exclude bodily injury, property damage, and criminal acts. Coverage is intended for disputes about the quality, accuracy, or completeness of professional work.
Related Coverage Options
General Liability Insurance
Covers third-party bodily injury, property damage, and advertising claims.
Learn more →Management Liability (D&O)
Protects directors and officers from claims related to business decisions.
Learn more →Cyber Insurance
Protects against data breaches, ransomware, and cyber liability claims.
Learn more →Ready to Get Professional Liability Coverage?
Connect with providers that offer E&O coverage for your profession.