Errors and Omissions Insurance
in Pennsylvania

  • Compare prices in minutes. There’s no obligation to purchase
  • Purchase online to instantly receive your coverage confirmation
  • Access only top-quality insurance companies (A-rated or better)

Get instant quotes

What is Errors and Omissions insurance?

An Errors and Omissions insurance policy (also known as E&O or Professional Liability insurance) is an essential policy that protects you and your company in case of a lawsuit due to alleged professional wrongdoing.

According to the U.S. Small Business Administration Office of Advocacy (SBA), California had over 1 million small businesses as of 2022. These businesses accounted for 99.6%, but they are steadily increasing.

No matter what industry you’re in, or what products you sell, there are chances to make mistakes. You may have a solid track record, but one mistake could lead to a lawsuit.

Errors and Omissions insurance may be necessary to assist small business owners in protecting their future finances in a highly competitive marketplace. Errors & Omissions insurance protects your business from claims that result from your negligent actions (errors), or insufficient services (omissions).

What does Errors and Omissions insurance cover in PA?

Errors and Omissions insurance in Pennsylvania covers you for a wide range of expenses up to the maximum amount in your insurance contract. This insurance could help you to save on expenses like:

  • Legal Costs – Lawyers usually charge an hourly. Even if your case is resolved quickly it is costly to get good legal counsel. You will pay more if the case takes longer to resolve.
  • Court Costs – File documents with the court and pay underwriting fees, administrative costs, as well as any other legal expenses.
  • Settlements– In order to save money on long-drawn out litigation, claims are usually settled outside of court. Your legal counsel might advise you to pay a fixed amount.
  • Judgments If you win your case, or if the judge rules against the plaintiff, you must pay the amount or risk a lien being placed upon your business assets.

Who may need Errors and Omissions insurance?

Errors and Omissions insurance is often considered by businesses and professionals who provide advice, educated suggestions, and designing solutions to clients.

No matter whether the claim is genuine or baseless, Errors and Omissions insurance will protect both your professional reputation and your business assets from costly consequences.

Professions that are most likely to require Errors and Omissions insurance include, among others:

ArchitectsNotary Publics 
ConsultantsPersonal Trainers
Engineers Pilates Instructors 
Home Care Providers and BusinessesYoga Instructors 
Customer service icon

Speak with our licensed agents today

You can relax knowing you’ve secured the right insurance at a competitive price. BizInsure’s licensed and knowledgeable agents are here to help you find the right product.

How much does Errors and Omissions insurance cost in Pennsylvania?

Pennsylvania’s average annual cost of Errors and Omissions insurance is $623. But, this depends on the nature of your business. As with most insurance, the higher your risk level, the more premium you’ll likely have to pay.

The following factors may impact the cost of your Errors and Omissions coverage:

  • Your business’s location, priorities and risk appetite
  • Your business’s turnover and size
  • The level of insurance coverage you need
  • Previous claims history, if any
  • The people being covered: their qualifications, suitability and history of claims

Get instant quotes

Is Errors & Omissions coverage included under a General Liability policy?

A policy that covers General Liability events does not cover Professional Liability claims. General Liability covers bodily injuries and property damage that is caused by customers or vendors. Your services could be liable for errors, missed deadlines or other circumstances if you only have General Liability coverage.

Continue reading: Errors and Omissions vs. General Liability insurance

How can I get Errors and Omissions insurance for my Pennsylvania business?

BizInsure allows you to compare E&O policies and top-rated U.S. insurers, and to find the best protection for your small company at an affordable cost.

As with any insurance, coverage will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained on this guide is general only and should not be relied upon as advice. The number of quotes provided varies between products, occupations and other underwriting factors determined by the insurers.
© Copyright 2023 BizInsure LLC, 2015 ALL RIGHTS RESERVED BizInsure LLC; CA DBA: Simple, Smart, BizInsure Insurance Agency LLC; NY DBA: BizInsure Services LLC; NH DBA: Simple, Smart, BizInsure Insurance Agency; PA DBA: BizInsure Services LLC. 2950 Buskirk Ave Suite 300, Walnut Creek CA 94597. License #0H81929
21st Century QHC agency for Home care insurance company.
Tie J.
Andrea Mcgee was great to work with
Audra M.
Customer representative extremely professional and courteous!
DJ Jeff B
I wanted to add another letter to one word on my street, and the website allows me to do that, and it took less than 5 minutes for them to approve the amendment. How wonderful, I love their service very much.
Ema F.
Representative was very kind, helpful, and educated me well. I appreciated today's experience.
Tina P.
Thanks for the overall service. The rates were great, and they were able to cover the services that was needed. Please call BIZinsure for your commercial needs.
Cheequanda M.
Responsive and easy
Crime R.
I have used BizInsure for 2 years and they make the renewal process quick and easy.
hospicecare 4.
Excellent business and great people! They have out done our prior insurance of 23 years! Keep up the good work!
James F
Very satisfied with the application process, Andrea was very helpful and friendly. Great service ! Thank you !
Don C.
No waiting !!!
Renee G.
Very good company to do business with.
Jeff M.
Teven Lous was wonderful to work with. Thank you
Valerie K.

Popular Searches

Google Rating
Based on 121 reviews