Protect your professional reputation and finances from malpractice claims, errors, and omissions. Essential coverage for California professionals.
Professional liability insurance, also known as Errors and Omissions (E&O) insurance, protects professionals from claims alleging negligent acts, errors, or omissions in the performance of their professional duties. This coverage is crucial for anyone who provides professional advice or services to clients.
In California's litigious environment, professionals face increasing risks of malpractice lawsuits and claims. Even the most competent professionals can face allegations of mistakes, oversights, or failure to deliver promised results. Without professional liability insurance, defending against such claims can be financially devastating, even if the claims are ultimately unfounded.
Our professional liability insurance policies are tailored to specific professions and industries, providing comprehensive protection against the unique risks each profession faces. We understand the nuances of different professional services and offer coverage that addresses the specific exposures and regulatory requirements of your profession.
Professional liability claims can arise from misunderstandings, unmet expectations, or genuine mistakes. The cost of defending against these claims, even when you're not at fault, can be substantial. Professional liability insurance provides both financial protection and legal defense, allowing you to focus on your practice while your insurer handles the claim.
Comprehensive protection against professional risks and claims
Covers claims arising from professional mistakes, oversights, or failure to perform professional duties according to the standard of care.
Provides coverage for attorney fees, court costs, and other legal expenses to defend against professional liability claims, even if groundless.
Covers settlement amounts and court-ordered judgments for covered professional liability claims, up to your policy limits.
Protects against claims of professional negligence, including failure to exercise the degree of skill expected in your profession.
Covers claims alleging failure to fulfill contractual obligations or breach of professional service agreements with clients.
Additional coverage for data breaches, cyber attacks, and privacy violations that may occur in the course of professional services.
Tailored protection for different professional services
Malpractice coverage for attorneys, including missed deadlines, conflicts of interest, and inadequate representation claims
Coverage for CPAs and accountants, including tax preparation errors, audit mistakes, and financial reporting issues
Medical malpractice coverage for doctors, nurses, and other healthcare providers, including misdiagnosis and treatment errors
Coverage for architects and engineers, including design defects, construction delays, and building code violations
Coverage for IT consultants and software developers, including system failures, data loss, and software defects
Coverage for real estate agents and brokers, including disclosure failures, misrepresentation, and transaction errors
Important aspects of professional liability coverage
Most professional liability policies are written on a claims-made basis, covering claims made during the policy period for acts that occurred after the retroactive date.
Also known as "tail coverage," this extends the reporting period for claims after your policy expires or is cancelled.
The earliest date for which coverage applies. Acts occurring before this date are not covered under the policy.
The maximum amount the insurer will pay for all claims during the policy period, regardless of the number of claims.
Best practices to reduce your professional liability exposure
Use detailed written contracts that clearly define scope of work, deliverables, timelines, and limitations of liability
Maintain regular, documented communication with clients about project status, changes, and potential issues
Stay current with industry standards, regulations, and best practices through ongoing professional development
Maintain comprehensive records of all client interactions, decisions, and work performed for adequate periods
Implement quality control procedures and peer review processes to catch errors before they reach clients
Report potential claims to your insurer immediately, even if you believe you're not at fault
Don't let a single claim destroy your career. Get professional liability insurance tailored to your profession.