Professional Liability Insurance – E&O Insurance
Professional Liability Insurance or Errors & Omissions Insurance, is commonly referred to as E&O Insurance there are a variety of non-medical policy forms used to insure professional occupations. Medical related professional liability polices are often referred to as malpractice insurance and we’ll discuss them in a separate section.
Professional or E&O insurance protects those in professional businesses from losses arising from their acts, errors, omissions, breach of duty, or failure to act that result in a financial harm to a third party. Claims alleging bodily injury and property damage are typically excluded because they are better suited to be insured under the general liability policy.
What Type of Professions Need E&O Insurance Coverage?
What professions need E&O insurance? Well, just about any occupation that requires specialized knowledge, education, or skills that are not commonly possessed by the general public could be considered professionals requiring this special coverage. The most common professions for which there are specialized forms of coverage specifically designed for that profession, include:
- Architects & Engineers
- Accountants & Auditors
- Insurance Agents
- Real Estate Agents
- Personal Trainers
- Beauticians & Barbers
- Social Workers & Counselors
- Property Managers
- Information Technology Consultants
- Travel Agents
- Animal Groomers
- Business Coaches & Trainers
- Management Consultants
- & Many More!
Providing Professional Liability or E&O Insurance for New York Businesses
Since 1929, The Coyle Group has been serving New York businesses with Professional Liability Insurance in the Rockland County communities of: New City, Nanuet, Haverstraw, Pearl River, Stony Point, Suffern, West Nyack, Congers, Valley Cottage, Nyack, Orangeburg, Blauvelt, Palisades, and Chestnut Ridge; the Orange County communities of: Goshen, Pine Bush, Middletown, Newburgh, New Windsor; the Westchester County communities of: White Plains, Yonkers, New Rochelle, Bedford, Elmsford. And in New York City – Manhattan, Bronx, and Brooklyn.
For more information on Professional Liability or Errors & Omissions Insurance in New York, please contact us in New City at 845-634-3606.