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What is Professional Liability or Errors & Omissions Insurance?

Errors & Omissions insurance, also known as Professional Liability, is a vital coverage for all professionals and provides liability coverage for actual errors and/or omissions in an insured’s service, advice or recommendations.

Q. What is the difference between Professional Liability (E&O) and Commercial General Liability (CGL)?

A. Professional Liability Insurance is designed to protect a business for losses that arise from negligent services that are unique to your professional services. If you are sued on the grounds of giving improper advice to a client an E&O policy would respond. Commercial General Liability Insurance (CGL) Insurance is designed to cover losses from bodily injury and property damage to third parties that arise from negligence that is not professional in nature while providing your products or services.

How do I get a quote for Professional Liability Insurance?

To obtain a quote for Errors & Omissions Insurance please Request a Quote or Contact Us. We will contact you within 1 business day.

At AC&D insurance we partner each business with a professional broker with knowledge and experience arranging the correct Errors & Omissions protection for your industry and business specific needs.

Who needs Professional Liability Insurance?

If your business provides a service to your client for a fee, you have an E&O exposure.
Examples of some professions that require this type of coverage are:

  • Architects
  • Engineers
  • Accountants
  • Doctors
  • Lawyers
  • Insurance Brokers
  • Real Estate Agents
  • Media and Advertising
  • Contractors (design-build)

How much does Errors & Omissions Insurance cost?

Professional Liability policies can start as low as $500. Contact Us today to arrange a no-obligation review of your Business Insurance needs from one of our expert brokers or Request a Quote Online.

North Vancouver

1196 Marine Drive
Directions

PH: 604-985-0581
PH: 1-800-229-3590

Mon-Fri: 8:30am - 6pm
Sat: 10am - 4pm
Sun & Holidays: Closed

Squamish

510-1200 Hunter Place
Directions

PH: 604-892-1033

Mon-Fri: 9am - 6pm
Sat: 10am - 4pm
Sun & Holidays: Closed

Quesnel

234 Reid Street
Directions

PH: 250-992-5544

Mon-Fri: 8:30am - 5:30pm
Sat: 9am - 5pm
Sun & Holidays: Closed