Professional Liability Insurance
What Is Professional Liability Insurance and Why Do I Need It?
Also known as Errors & Omissions (E&O) insurance, professional liability coverage protects you against claims of negligence, mistakes, or failure to deliver services as promised.
This is essential for professionals who provide advice, consulting, or specialized services, such as:
- Consultants, accountants, and engineers
- IT professionals, real estate agents, and therapists
- Legal, financial, or health service providers
It helps cover legal costs, settlements, and reputational damage from client claims—even if you did nothing wrong.
How Much Does Professional Liability Insurance Cost?
Premiums depend on:
Your profession and risk exposure
Annual revenue and number of clients
Prior claims history
Desired coverage limit (common: $1M–$5M)
We’ll help you compare top insurers and find tailored protection at a competitive rate.
How Do I Get E&O Insurance with Diamond Insurance Group?
Our licensed brokers will walk you through:
Assessing your profession’s risk profile
Understanding your contractual obligations
Customizing coverage for your services and exposure
Comparing quotes across Canada’s leading insurers
Get a Quote for Professional Liability Insurance
Safeguard your reputation and your livelihood.