Professional Liability

Be certain you’re covered for errors and omissions.

Professional Liability

Professional liability insurance protects your business and employees from losses if a client holds you accountable for a work product or service that did not meet their expectations for quality — or promised results.

Professional Liability

Even if your business is not at fault,
the costs can be significant.

The potential impact of a single error or misstep on your part could result in a customer suing for significant damages. From legal fees and loss of earnings while defending a claim against you, to any judgments or settlements resulting from a lawsuit, you need to be prepared for the risks associated with providing professional services.


Are you self-employed? You know there are many advantages to working on your own, but without proper insurance you could be gambling with your future.

A small price to pay

$500 - $1K per employee is the estimated annual errors and omissions insurance premium for a small business.1 You might pay more or less, depending on your profession.

1  The Hartford.

The risk of flying solo

53% of self-employed workers provide the types of skilled services, such as consulting, computer programming, marketing and finance, that leaves them vulnerable without proper coverage.2

2  Zippia, October 2022

Protect your business — and your clients — from professional mistakes.

Professional liability coverage is essential to ensure your business is prepared for situations that could arise from claims of:

Errors and omissions

Errors and omissions claimed as inadequate work.

Malpractice

Malpractice by accountants, doctors and other professionals.

Negligence

Negligence in providing professional advice or services.

Coverage options include:

  • Professional liability
  • Lawyers professional liability
  • Accountants professional liability
  • Healthcare professional liability
  • Miscellaneous professional liability
  • Technology errors and omissions

Frequently asked questions about professional liability insurance

Small and family-run businesses run many of the same risks that larger ones do, but as a smaller firm the consequences of a claim of negligence against you could be more personally damaging. Professional liability insurance that aligns with the size and type of your business makes sense if you want to protect your livelihood and your business, achieve your goals and reach your potential.

Accountants, lawyers, physicians, real estate agents and brokers, architects, engineers, consultants and others — from advertising agencies to wedding planners — are expected to meet a high standard of professional conduct risk claims of errors and omissions or negligence in their work, resulting in a financial or other loss to a third party that could lead to a lawsuit against you.

The cost of professional liability insurance will depend on several factors. You could pay a lower premium if your company has a proven track record of financial and risk management stability. That’s why you should seek the expert advice of an insurance partner who can properly assess your exposure and ensure that your interests are protected.

Your policy won’t cover claims for accidental injuries or property damage to others, lawsuits arising from employment practices or illnesses and accidents suffered by employees, and illegal acts or intentional wrongdoing, for example. Also typically excluded is coverage for cyber attacks or data breaches, for which you will need a separate policy.