Professional Liability (Errors & Omissions) Insurance
If your business gives advice, provides a service, or manages client outcomes, a mistake or missed deadline can lead to a lawsuit — even if you did nothing wrong. E&O insurance covers legal defense and damages tied to claims of negligence or failure to deliver as promised. Common for consultants, real estate agents, and financial/insurance advisors.
What it covers
- Claims of negligence, errors, or omissions in the professional services you provide
- Failure to deliver a service as promised, or missing a contracted deadline
- Legal defense costs, including claims that turn out to be groundless
- Settlements and judgments up to your policy limit
Who needs it
Consultants, real estate agents, financial and insurance advisors, accountants, designers, IT and marketing firms — any business whose product is expertise, advice, or a delivered service.
Many client contracts now require E&O by name before work can begin.
Common gaps we see
Most E&O policies are written on a claims-made basis, meaning they respond only to claims reported while the policy is active. Letting coverage lapse between policies can leave past work unprotected. If you are switching carriers, retroactive dates matter — we check them.
How SureNest helps
As an independent broker, we compare multiple carriers to match your situation with the right policy — not a one-size-fits-all plan pushed by a single insurer.