Professional liability insurance, often called errors and omissions (E&O) insurance, can help address covered claims alleging mistakes, negligence or failures in professional services.
Request a Professional Liability QuoteBusinesses that provide advice, consulting, design, technology or other professional services can face allegations that their work caused a client financial loss. Direct Insurance Network, LLC can help review professional liability options based on your services, contracts, revenue, prior coverage and claims history.
Depending on the policy, coverage may respond to eligible claims alleging errors, omissions, negligence or failure to perform covered professional services.
Policies may provide defense coverage for eligible professional liability claims. Whether defense costs are inside or outside policy limits varies by form and carrier.
Subject to policy terms, limits and exclusions, coverage may apply to covered damages or settlements arising from professional liability claims.
Coverage may be relevant for consultants, technology firms, accountants, marketing and creative businesses, real estate professionals, property managers, management consultants and many other professional service businesses. Eligibility and available forms vary by occupation and services performed.
Many professional liability policies are written on a claims-made basis, so the timing of a claim, prior acts or retroactive date, continuity of coverage and reporting requirements can be important. Policy wording also varies on defense costs, contractual liability, cyber-related allegations and other exposures. We can help review available options, but coverage is determined by the issued policy and endorsements.
Tell us what professional services your business provides and we can help review available E&O or professional liability options.
Get an E&O Quote Call (800) 310-2743