Professional Liability (E&O)
Insurance for claims that your design, advice or reports caused a client a financial loss. Also called errors and omissions.
What it means for your firm
It usually responds to defense costs and settlements for covered claims, up to the limit and subject to the policy terms and exclusions.
For A&E firms it is the core policy, and the one where form, retro date and deductible details matter most.
Articles that explain it
What Happens to Professional Liability Insurance When an Architecture Firm Splits Up? Are Architects Personally Covered by Their Firm’s Professional Liability Insurance? What Happens to Professional Liability Insurance When an Architecture Firm Changes Names? Professional Liability Insurance for Expert Witnesses & Safety Consultants I Already Started an Architecture Project. Is It Too Late to Buy Professional Liability Insurance? How Much Does Professional Liability Insurance Cost for a Small Architecture Firm?
General definition for education only. It is not an interpretation of any policy or contract, and it is not legal advice. The wording of your own policy and contract controls. Policies and definitions vary by insurance company.
Talk to a specialist
Tell Us About Your Firm. We’ll Tell You What We See.
Starting out or renewing, with a policy in hand or not. If something is worth discussing, we’ll call. If not, we’ll say so.