Professional liability, sometimes called errors and omissions insurance, can address covered allegations of mistakes in professional services. Your profession, contracts and prior coverage help determine the appropriate policy.
General information. Actual coverage depends on the policy.
Compare the details that matter.
The right quote should make the coverage easier to understand. Here are useful things to review with Daniel.
Covered professional services
Claims-made terms and retroactive date
Defense costs and policy limits
Prior acts and reporting requirements
A little preparation. A clearer quote.
Describe the services you provide and annual revenue.
Bring existing policy dates and customer contract requirements.
On a claims-made policy, the retroactive date can affect whether prior services are eligible for coverage. Avoid gaps when changing or renewing policies.
What do I need to get a quote?+
Describe the services you provide and annual revenue. Bring existing policy dates and customer contract requirements.
Does requesting a quote start my coverage?+
No. A quote request does not bind, change or cancel insurance. Coverage starts only when confirmed by the insurer or an authorized representative, subject to the effective date, policy terms and any required payment.