Professional Liability

Professional Liability Insurance

We live in an extremely litigious society and professional liability lawsuits are common, which can lead to financial loss and ruin the reputation of a business or career.

E & O Insurance

Professional Liability Insurance, or Errors and Omissions insurance (E & O), is essential for California businesses providing professional services.

E & O insurance protects you for errors or omissions that you have made or that your client perceives you have made resulting from a service or advice that your business provides.

Coverage includes claims and defense costs associated with damages suffered by customers, clients, and other potentially injured parties. It also typically provides coverage for defense against groundless lawsuits.

Claim Scenario

A software solutions provider failed to live up to time, performance and functionality commitments by not implementing a new system on time and with the promised functionality. This resulted in a breach of contract and the claim was valued in excess of $2 million in compensatory damages.

The settlement totaled $120,000.

Do you Need E & O Insurance?

If your business provides a service to a client for a fee, consider what might happen if the service is not done correctly, or not completed by the set deadline.

We all know that mistakes happen. For example, a shipment can be sent to the wrong place, costing the client thousands of dollars in a sale or lost productivity. Who will pay for this loss? What about the damage to the reputation of your business and that of the client?

Not having E & O insurance poses a serious financial risk for your business. Even if you are not at fault, you want to be covered.

We provide professional liability insurance customized to meet your needs. We work with professionals in the San Francisco Bay Area and beyond. Typical industries include technology, engineering, law, public relations, advertising, life sciences, medical, media, and more.

Contact us and we’ll find professional liability insurance that is the best for your business.