
Professional Liability, also known as Errors & Omissions coverage, protects your business in the event you are sued as a result of an alleged error or omission, or for not performing in accordance with a contract you may have signed, and the resulting property or casualty loss sustained by a claimant. These exposures are not covered under the Commercial General Liability, which covers incidental accidents that may occur in connection with your operation, but not how well you may perform your function.
Even if no errors occur, a business may be sued and the defense coverage provided under this policy make it an important part of an insurance program.