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Professional Liability Insurance

Important financial protection for businesses providing a service or offering advice to customers.

If a client is dissatisfied with the professional advice or a service you have provided, they may blame you for financial losses or reputational harm resulting from your work. Professional Liability Insurance, also known as E&O Coverage and Professional Indemnity Insurance, may help pay for legal fees and settlement costs related to this type of claim.

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Professional Liability Insurance COVERAGE HIGHLIGHTS

If you provide a professional service or contract these services to other businesses, you may be required by customers to have Professional Liability Insurance. However, even when it is not a requirement, adding this coverage to your Businessowners Policy may be a smart decision. If a customer claims that you have caused their business financial or reputational harm as a result of your mistake, the costs to defend yourself against a lawsuit can be staggering.

Whether or not a claim is valid, having Professional Liability Insurance typically provides coverage that helps pay for legal expenses up to the policy’s limits for the following types of claims:
  • Negligence
  • Misrepresentation
  • Errors and Omissions
  • Late, Incomplete, or Unsatisfactory Work
  • Breach of Contract
  • Budget Overruns
  • Copyright Infringement
  • Personal Injury
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How Much Professional Liability Insurance Does a Business Need?

The optimal way to determine the amount of Professional Liability Insurance you will need—and secure the most competitive pricing—is to speak with one of the highly qualified insurance agencies in our network. They will evaluate a variety of factors to help you select the coverage that fits your specific work and budget, including but not limited to:

  • Industry and Professional Risks
  • Business Size and Revenues
  • Number of Employees
  • Business Location
  • Regional Regulatory Requirements
  • Claims History
  • Years in Business
  • Risk Management Practices

Please reach out to your local insurance professional to learn more about Professional Liability Insurance and other essential coverages that may enhance your Businessowners Insurance Policy, such as Excess Liability or Cyber Liability.

Building Close Relationships, Close to Home
with the Agents We Serve and People We Insure

“As small-business owners, we have always chosen to place our Businessowners Policy with The Andover Companies. Their product offerings are comprehensive, and their rates are competitive. Most importantly, we feel they have always done right in protecting us. We confidently recommend Andover and are grateful for the relationship we share.”

Lindsey S.
Businessowner

“Andover has consistently provided top-notch support and service to our team and always strives to help us find reasonable solutions for our clients’ ever-changing insurance needs. We are proud to work with such an exceptional insurance provider and look forward to many years of our continued partnership.”

Heidi Summa
Agent | William Raveis Insurance

“I feel comfortable having my insurance with The Andover Companies. I know that if something terrible happens, they will be there to support my family and guide us through the process. Insurance can be confusing, especially when you have multiple policies, but they have simplified the details so we can understand everything easily!”

Bianca and Ray L.
Homeowners

EXPERIENCE THE DIFFERENCE WORKING WITH AN INDEPENDENT insurance AGENT CAN MAKE.

Step 1:

Click on the Find an Agent button to search for independent insurance agencies near you.

Step 2:

Contact the independent insurance agency you would like to work with by phone or email.

Step 3:

Leave it up to your agent to uncover the best coverage solutions for your valuable property.