Professional Liability Insurance (E&O) — Protect Your Business From Costly Mistakes
- From missed deadlines to client disputes, even the smallest error can lead to costly lawsuits. With Covella’s professional liability insurance, you get coverage that shields your finances and safeguards your professional credibility
Why Covella
Simple & Flexible
- No employees required to qualify
- Short-term or ongoing coverage
- Pay-as-you-go, no hidden costs
Built for Every Business
- Perfect for start-ups and small teams
- Coverage for high-risk industries
- Designed for construction, trucking, restaurants & more
Fast & Hassle-Free
- Get a custom rate in minutes
- Paperwork kept to a minimum
- Digital proof of coverage delivered instantly
Getting Started is Easier Than You Think
01
Fill out the Appetite Check Form
02
Get a Call + Instant Quotes
03
Choose the Right Plan
04
Sign Electronically & Get Covered
Who Needs Professional Liability Insurance?
- The short answer: every business or professional who provides services, advice, or expertise.
- In nearly every industry, professional liability insurance (also called errors and omissions or E&O insurance) is essential for protecting your reputation and finances. It doesn’t matter if you’re a solo consultant giving strategic advice, a software developer building custom applications, or a healthcare provider treating patients—if you offer professional services, you face the risk of negligence claims and lawsuits.
- Failing to carry coverage can expose your business to:
- Costly legal fees and settlements from client disputes.
- Damage to your professional reputation.
- Lost contracts, since many clients demand proof of E&O insurance before working with you.
- Types of industries that need professional liability coverage: consultants, IT professionals, software developers, web designers, accountants, lawyers, realtors, architects, engineers, healthcare providers, therapists, marketing agencies, photographers, contractors, education and training providers, and more.
What People Say About Us
- "Covella made getting workers' comp coverage so easy. I got my quote in minutes and had my certificate the same day. No hassle, no runaround — just simple, professional service."
- Michael R.
- General Contractor
- "As a small restaurant owner, I didn't think I could afford workers' comp. Covella's pay-as-you-go option was perfect for my budget, and the team walked me through everything."
- Sarah T.
- Restaurant Owner
- "I've been in trucking for 15 years and this is the first time an insurance company actually made the process easy. Quick quotes, fair prices, and real people who care."
- James L.
- Trucking Company
FAQs
In most industries, professional liability insurance is not legally required. However, certain professions such as doctors, lawyers, and accountants may be mandated to carry it. Even when not required, many clients and contracts demand proof of errors and omissions (E&O) insurance before work begins.
Professional liability (E&O) insurance covers claims of negligence, mistakes, missed deadlines, or failure to deliver services that cause financial loss to a client. It pays for legal defense costs, settlements, and court judgments — even if the claim has no merit.
Any professional or business that provides services, advice, or expertise should carry coverage. This includes consultants, IT professionals, healthcare providers, accountants, architects, realtors, marketing agencies, and contractors.
On average, small businesses pay $40–$60 per month (around $500–$700 annually). Costs depend on your industry, location, number of employees, claims history, and coverage limits. Higher-risk professions may pay more.
General Liability covers third-party bodily injury, property damage, and advertising injury. Professional Liability covers financial losses caused by errors, negligence, or mistakes in your professional services. Most businesses need both policies for full protection.
Ready to Get Covered?
- Get a custom quote today and start your coverage in minutes.
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