Professional Liability Insurance

If you provide professional services or advice, a single mistake (or even an accusation of one) can lead to a costly lawsuit. Professional liability insurance (also called Errors & Omissions or E&O insurance) protects you from claims that your professional services caused a client financial loss. Unlike general liability insurance which covers bodily injury and property damage, professional liability covers financial harm caused by your professional work: missed deadlines, errors in advice, failure to deliver promised results, or even claims of negligence. At B & B Insurance Agency, we help professionals across Palm Beach County find E&O coverage tailored to their specific industry and risk profile.

Professional liability insurance typically covers: Negligence Claims: If a client alleges your work was performed negligently, even if you did nothing wrong, your policy covers defense costs and any settlements or judgments. Errors & Omissions: Covers mistakes, oversights, or failure to deliver services as promised. Even experienced professionals can make errors. Defense Costs: Legal defense can cost tens of thousands of dollars even for frivolous claims. Your policy covers attorney fees, court costs, and expert witness fees. Regulatory Proceedings: Some policies cover costs associated with regulatory investigations or disciplinary proceedings related to your professional services.