Topic

E&O / Professional liability insurance

Insurance terms

The aggregate limit is the maximum amount your insurance company will pay for all covered claims filed during your policy period.

E&O / Professional liability insurance

The average premium cost for professional liability insurance (also called errors and omissions insurance) is about $60 per month. Your industry and the scope of your services affect the exact cost of this policy.

E&O / Professional liability insurance

The average premium for errors and omissions insurance (E&O, also called professional liability insurance) is about $60 per month. Your exact cost will depend on several factors, including your industry and policy limits.

E&O / Professional liability insurance

Both general liability and professional liability are types of liability insurance that cover the business risks faced by small technology and IT businesses. They differ in the types of liabilities they insure against.

Small business insurance

Technology errors and omissions insurance (tech E&O) and cyber insurance are two forms of protection against cyberattacks for small businesses. While tech E&O focuses on cybersecurity errors that harm your clients, cyber insurance offers financial coverage for breaches that directly affect your business.

Small business insurance

Both professional liability insurance and errors and omissions (E&O) insurance offer financial protection from client lawsuits over unsatisfactory work. They’re essentially the same types of coverage for mistakes in professional services.

Small business insurance

Commercial insurance protects businesses, freelancers, and independent contractors against liability lawsuits, property damage, cyberattacks, and other risks that could devastate your company.

Design service

The cost of design business insurance depends on the type of policies you choose. Insurers will also look at factors such as the design services you offer and your business revenue. Save money on small business insurance by comparing quotes from top-rated providers with TechInsurance.

E&O / Professional liability insurance

Also known as errors and omissions insurance, professional liability insurance protects your company from client lawsuits over missed deadlines, mistakes, or negligence – regardless of whether you’re at fault.

E&O / Professional liability insurance
Errors and omissions insurance, also called professional liability insurance, protects your business when a client sues over a mistake or oversight – whether or not it was your fault.
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