Protect Your Professional Reputation
Errors & Omissions (E&O) insurance for New Jersey professionals. Safeguard your business against claims of professional negligence, errors, or failure to deliver services.
In today's litigious environment, even the most careful professionals face lawsuit risks. A simple oversight, miscommunication, or dissatisfied client can lead to devastating claims alleging professional negligence. Professional liability insurance, also known as Errors & Omissions (E&O) insurance, protects your business when your professional services don't meet client expectations.\n\nUnlike general liability insurance, professional liability specifically covers the financial losses clients claim to suffer from your professional mistakes or oversights. This specialized coverage is essential for anyone whose clients rely on their knowledge, skills, or judgment.
Coverage for the unique risks professionals face
Coverage for errors, omissions, or failure to perform professional services
Attorney fees and court costs for defending against malpractice claims
Protection when accused of failing to deliver promised professional services
Coverage for unintentional misstatements or misleading professional advice
Protection if you lose or damage important client documents or data
Defense against claims of intellectual property violations in your work
Protect your business and professional reputation
Tailored policies for different professions with appropriate coverage and limits.
Experienced claims handlers who understand professional liability disputes.
Protection for work performed before the policy starts (retroactive coverage).
Specialized E&O coverage for various professional services
Management consultants, IT professionals, software developers, and technology services.
Accountants, financial advisors, insurance agents, and real estate professionals.
Architects, engineers, designers, and other creative professionals.
Get an E&O insurance quote tailored to your profession and risk profile.
Any business providing professional services or advice needs this coverage. This includes consultants, IT professionals, architects, engineers, accountants, real estate agents, and many others. If clients rely on your expertise, you need protection.
General liability covers bodily injury and property damage. Professional liability (E&O) covers financial losses from your professional mistakes, bad advice, or failure to deliver services. You typically need both types of coverage.
Common triggers include missed deadlines, budget overruns, flawed advice, software bugs, design defects, disclosure failures, and contract disputes. Even unfounded claims require expensive legal defense.
Yes, professional liability insurance covers defense costs even for groundless claims. Legal fees can easily exceed $100,000, so this coverage is crucial even when you've done nothing wrong.