Oscar Barajas at a construction job site

Professional liability

Also called errors and omissions. Covers claims that your advice, service or work caused a client to lose money.

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What it covers

Covered

Every policy is different. Oscar walks you through the exact wording of yours.

01Claims of negligence, errors or missed deadlines
02Advice that caused a client a financial loss
03Legal defense costs, even if you did nothing wrong
04Settlements and judgments

What it doesn’t cover

Usually not covered

Bodily injury and property damage (that’s general liability)
Fraud or intentional wrongdoing
Claims from before your coverage started, on most claims-made policies
Fines and penalties in many cases

Who needs it

Who it’s for

Consultants, real estate and insurance agents, IT firms, designers, accountants and any business that sells expertise.

Bundle two or more policies with Diamond and save up to 20%. A licensed agent reviews every request. Nothing on this page is a quote or proof of coverage.

FAQ

Professional liability questions

What does claims-made mean?

Most E&O policies cover claims made while the policy is active. If you switch carriers or retire, ask about prior acts and tail coverage so you don’t leave a gap.

Do my client contracts require it?

Many do, with a set limit. Send Oscar the insurance section of the contract and he’ll match it.

Related coverage

CoverageEmployment practicesCovers claims from employees or job applicants over how they were treated at work.CoverageSmall business packageBundles property and general liability into one policy, often with business income coverage, at one price.CoverageGeneral liabilityCovers injuries to other people and damage to their property caused by your business, plus the legal costs if you’re sued.

Next step

Ready when you are

Seven quick questions, about 90 seconds. Oscar, a licensed agent, reviews your profile personally.

Start my coverage profile Call 279-842-0928