Professional liability insurance for consultants is a type of business insurance that protects consultants from the risks of providing professional services to clients. Unlike advisers who may work ...

General and professional liability insurance protect against different business risks. You may need both. Many, or all, of the products featured on this page are from our advertising partners who ...

Anyone who is in the business of giving advice or recommendations, or generating programs or products to customers, is going to need liability coverage. This is over and above the protections that a ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

The 2023 Hiscox Underinsurance in Small Business Report found that two-thirds of small businesses do not have professional liability, also known as errors and omissions or E&O insurance coverage. Most ...

This spring some insurance companies have begun to introduce AI exclusions in professional liability policies intended to restrict or eliminate coverage otherwise available for professional services ...

Daniel Robinson is a writer based in Greenville, N.C. with expertise in auto insurance, loans, warranty options and more. Away from the keyboard, Daniel spends time with his wife and son, plays guitar ...

As a business owner, you’re responsible for the work you and your employees do, as well as for your customers’ health and safety while they’re at your workplace. As a result, a client can sue your ...

Consultants who operate as sole proprietors may be personally responsible for damages without professional liability coverage. Many, or all, of the products featured on this page are from our ...

As a business professional, you’re responsible for the knowledge, expertise and services you provide to clients. As a result, clients can take legal action against you and your company when they ...

Professional liability insurance covers legal costs and settlements for service-related negligence. It's essential for advisors like lawyers and doctors, particularly with high risk of client claims.