Professional Liability Insurance/Errors and Omissions Insurance

Professional liability coverage provides protection against claims that the policyholder becomes legally obligated to pay as a result of an error or omission in his or her professional work. Also known as E&O insurance, this type of liability insurance is critical to your business. Errors and omissions insurance helps address claims of professional liability in the delivery of your technical services. Allow us to customize a professional liability insurance policy for you that is both affordable and effective. What is errors and omissions insurance? Learn more...

Why You Need Professional Liability Insurance

Professional liability insurance, also known as errors and omissions insurance, is critical to doing business and protecting your company from claims of alleged negligent acts and errors or omissions resulting from the performance of your business's products or services. Professional liability will protect your business from loss of client data, system or software failure, negligent oversell, or claims of non-performance.

When Evaluating Professional Liability Insurance Policies, Make Sure They Include the Following Key Components:

• Legal defense costs: Professional liability insurance should pay for any resulting judgments against you, including court costs up to the coverage limits on your policy.
• Coverage extends to W2 employees and 1099 subcontractors: Professional liability insurance coverage should protect your company from claims resulting from the work done by your own employees, as well as work done by 1099 subcontractors on your behalf. The 1099 personnel still need their own errors and omissions insurance because your policy may  not defend them if they are sued separately or in addition to you.
• Optional coverage for allegations of intellectual property infringement and copyright infringement: Intellectual property infringement coverage protects you against claims alleging copyright infringement. Processes, systems and software are some of the most commonly known "intellectual properties" that may be infringed upon.
• Personal injury: Personal injury protects you against claims of libel, slander or invasion of privacy.
• Worldwide coverage, if the suit is brought in the United States.
• More professional liability insurance information.

Free, No-Obligation Professional Liability Insurance Quotes

TechInsurance offers free, no-obligation quotes for your business insurance needs. After you submit an application, a detailed quote will be e-mailed directly to you, usually the following business day. If you like what you see, you can start your professional liability insurance coverage immediately. It's as simple as that.

About TechInsurance

We are a Web-based e-agent that offers IT businesses and professionals fast, easy, one-stop shopping for all their property and liability insurance needs, including our professional liability insurance (errors and omissions insurance), workers’ compensation, umbrella (excess liability), and general liability insurance. Our in-depth understanding of the IT industry has helped us become a leading insurance agency for thousands of IT firms all over the United States.