Back to Business Policies
Protect Your Business From Costly Mistakes
Professional liability insurance—also called errors & omissions (E&O)—protects service-based businesses from claims of negligence, mistakes, or omissions in their work. Whether you’re giving advice, providing care, or managing financial decisions, one overlooked detail can lead to a costly lawsuit. Advisors helps you secure the right policy and understand how coverage applies to your industry.
Coverage Built for Professionals
From accountants to consultants, service providers face risks that general liability doesn’t cover. Advisors helps explain the difference between claims-made and occurrence policies, ensuring you understand how your coverage applies over time. For many industries, association discounts may also be available—saving you money without cutting protection.
Mandatory Coverages
The core coverages needed to keep your business protected when you need it most.
Covers claims of professional negligence or mistakes in your work.
Covers attorney fees, court costs, and settlements.
Coverage for when continuous or extended reporting applies.
Optional Coverages
Additional elements of coverage policies that help ensure coverage is complete.
protection after a claims-made policy ends (tail coverage).
Bundles protection for data breaches linked to professional services.
Coverage for industries exposed to compliance investigations.
You’ve got questions, we’ve got answers. For any additional questions you may have beyond these, schedule a chat with our team.
Any professional who provides advice or services should consider it: attorneys, medical providers, consultants, accountants, or financial advisors.
Claims-made policies only cover claims reported while the policy is active. Occurrence policies cover incidents that happen during the policy period, even if reported later.
It depends on your industry, the size of your contracts, and potential financial impact of a claim. Many businesses carry at least $1M in coverage, but higher limits are common for firms with large or complex projects.
Insurance Pro Tips
Explore our expert advice on insurance and risk management.
Small Business Highlight: Harvest Hope
Harvest Hope is a local non-profit building a hunger-free tomorrow in 20 counties across South Carolina, including Greenville and Laurens counties.
Small Business Highlight: Sully's Steamers
Sully’s Steamers is a locally owned and operated sandwich shop that has been creating “ delicious memories for hungry tummies” in downtown Greenville since 2013.
Advisors Small Business Highlight: Ferguson Builders
Ferguson Builders is a family owned business serving Greenville, SC and the Upstate. Their services include custom home builds, home remodeling, and interior design.
"Their service is professional, responsive, and they go the extra mile to explain my options."
