Professional Liability

What is Professional Liability or Errors & Omissions Insurance?

Professional Liability

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.

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

How much does Professional Liability 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.