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E&O insurance in Edmonds, WA
Professional liability (errors and omissions) insurance
For consultants, real estate professionals, designers, IT firms, accountants, health and wellness providers and anyone paid for advice or expertise.
Professional liability insurance, also called errors and omissions (E&O), covers claims that your professional services caused a client financial harm through a mistake, oversight, missed deadline or negligent advice. General liability does not cover these claims. Even when you did nothing wrong, defense costs alone can be significant.
Who needs professional liability
- Consultants and business advisors
- Architects, engineers, designers and drafters
- Technology, software and IT service firms
- Real estate agents, property managers and appraisers
- Bookkeepers, tax preparers and financial professionals
- Marketing, media and creative agencies
- Salons, fitness trainers and wellness practitioners
Claims-made coverage, explained
Most E&O policies are written on a claims-made basis, which means the policy in force when the claim is reported responds, subject to a retroactive date. Keeping continuous coverage and understanding tail coverage when you retire or sell matter. We explain these terms before you buy.
Professional liability FAQ
Is E&O the same as general liability?
No. General liability covers bodily injury and property damage. E&O covers financial loss from your professional work.
My client contract requires $1 million in professional liability. Can you help?
Yes. Send us the contract and we will quote limits and wording that meet the requirement.
Related coverage
Get a quote from Edmonds Insurance
Call (425) 555-0100 or request a quote online. Our Edmonds office is open Monday through Friday, 9 am to 5 pm, at 7523 220th St SW.