PROTECTION FOR HONEST MISTAKES
Professional liability insurance (also known as Errors & Omissions, or E&O) covers liability for damages arising from the rendering of or failure to render professional services. The coverage protects professional personnel against negligence claims made by their patients or clients. Professionals who commonly turn to this type of liability insurance for coverage include architects, home inspectors, lawyers, physicians, real estate brokers, and accountants – among others. Specific Professional Liability insurance carries different names depending on the profession. For example, professional liability insurance in the medical profession may be called Medical Malpractice insurance.