Professional liability insurance, commonly referred to as errors and omissions (E&O) coverage and sometimes known as professional indemnity insurance, is liability insurance designed specifically to help protect professionals who offer advice or services.

It is a specialty insurance coverage, and an important one at that as it helps protect service-providing and professional advice providing individuals from having to bear the full brunt of the costs to defend against a negligence claim (and damages award) made by a client.

We have served New Jersey communities, large and small, for more than 50 years. During that time we’ve helped countless businesses and business professionals make informed decisions about the scale and scope of professional liability coverage they need in order to protect themselves, their businesses, and their personal assets.

Who Needs Professional Liability Insurance?

This type of coverage isn’t something many people, even those who need it most, always know much about. In some cases, clients will request that a business have professional liability coverage before entering into a contract with them. That doesn’t mean these are the only professionals who need this type of coverage.

In fact, there is a long list of professionals who should give serious consideration to this investment for the peace of mind it provides and, especially, for the benefits it provides. Think about it, people often sue even when the other party has done nothing wrong. The costs of defending yourself, your business, and your reputation alone are substantial and that’s even if you’re ultimately found innocent.

Some of the professions who need errors and omissions or personal indemnity insurance include:

  • Accountants
  • Architects and Engineers
  • Attorneys
  • Consultants (Business and IT)
  • Contractors
  • Dentists
  • Hair Stylists
  • Mental Health Counselors
  • Not-for-Profit Directors
  • Personal Coaches
  • Personal Trainers
  • Photographers
  • Realtors
  • Travel Agents
  • And more!

This list is hardly inclusive. If you’re in a service or advice related industry, the odds are good that you need this type of protection for the sake of your business and you financial future.

In certain kinds of professional practice, such as in the medical and legal fields, professional liability insurance is required by law. However, it is also sometimes required under contract by other businesses that are the beneficiaries of the advice or service. Regardless of whether it is required or not, it is a exceptionally important type of business insurance policy to obtain.

Why Trust Us with Your Important Insurance Decisions?

We’ve worked hard to build a stellar reputation throughout the state of New Jersey by employing professional agents who focus on providing personal service to all the people who entrust their insurance needs to us.

We are an independent agency which means that we’re not trying to sell you a product because it’s the only product we have to offer. Instead, we can work to find the best coverage to meet your unique, individual business needs, at rates that are quite affordable.

While we’re on the subject of errors, don’t fall for cheap inferior insurance services that promise the moon and then deliver far less for their seemingly inexpensive rates. Visit us online today instead and get a free quote based on the services you actually need.