Commercial Insurance
Professional Liability Insurance
Errors and omissions (E&O) insurance for Arkansas professionals whose advice, services, or expertise could lead to a client's financial loss.
Professional liability insurance, also called errors and omissions (E&O), helps protect professionals and businesses when a client claims your advice, services, or work caused them a financial loss. Even careful professionals make mistakes, and defending a claim can be expensive whether or not it has merit.
Consultants, real estate professionals, architects, engineers, IT providers, accountants, and many other service businesses rely on E&O coverage. We'll review your services and contract requirements, then compare carriers that write your profession.
What Professional Liability Insurance typically covers
Errors and Mistakes
Helps cover claims that a professional error or oversight caused a client a financial loss.
Negligence
Helps respond to allegations that your services fell short of the standard of care expected in your profession.
Services Not Delivered as Promised
Can help with claims that your work or results didn't perform as represented in your agreement.
Defense Costs
Helps pay legal defense costs for covered claims, which can be significant even when a claim is groundless.
Related coverage
Common questions
What's the difference between professional liability and general liability?
Professional liability covers financial losses a client claims were caused by your services or advice. General liability covers bodily injury and property damage claims. Many businesses need both.
Who needs professional liability insurance?
Any business that provides advice, expertise, or professional services, such as consultants, real estate agents, architects, engineers, IT providers, and accountants. Some clients and contracts require it.
What does claims-made mean?
Many professional liability policies are written on a claims-made basis, which means the policy in force when a claim is made responds, subject to a retroactive date. We'll explain how this affects your coverage.
Ready to protect what matters with the right professional liability coverage?
Tell us what you need covered and we'll compare carriers to find your best fit.