Errors and Omissions Insurance

Errors and omissions insurance helps protect your small business against claims by clients, customers, or other businesses who believe they were harmed due to advice or services your business provided.

Also referred to as E&O insurance, professional liability insurance, or professional indemnity insurance, this type of coverage is designed to help cover legal fees, costs, and damages for relevant claims. However, it does not protect your business from criminal prosecution.

Depending on your profession or industry, your state may require your business to carry an errors and omissions insurance policy. Also, in some industries, customers and clients may require proof of errors and omissions insurance. Professionals who often carry E&O insurance include architects, contractors, attorneys, engineers, consultants, marketers, counselors, real estate agents, and others.

Even if your client or your state does not require that you have errors and omissions insurance, electing to add this coverage can be a wise business decision because it may help protect your business in the case of a liability claim.

What’s typically covered by errors and omissions insurance?

Errors and omissions insurance may help protect small businesses against errors and omissions claims such as:

Inaccurate advice



Violation of good faith 

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Pie Insurance

Pie has partnered with Hiscox for your errors and omissions insurance needs. Their team of in-house experts can help you find the best coverage for your specific business and budget.

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How does E&O insurance protect small businesses?

People Protection

  • Helps compensate customers who are harmed because of business practices

  • Helps resolve third-party claims for damage caused by commercial activities

Financial Protection

  • Helps protect small business owners from paying out of pocket for lawsuits related to claims against their small businesses

  • Helps keep small business assets safe in the event of an errors and omissions claim

What other types of insurance might my small business need?

While errors and omissions insurance can help safeguard your company from claims of negligent business practices, as a small business owner, you should also consider adding these types of insurance:


Workers’ compensation insurance provides medical, disability, survivor, burial, and rehabilitation benefits to employees who experience illness, injury, or death due to a work-related incident. In nearly all states, and with few exceptions, businesses are required by law to carry workers’ compensation insurance. Get a workers’ comp quote in 3 minutes.


Commercial auto insurance helps cover liability and physical damage for vehicles owned by your company.


General liability insurance helps protect your small business against third-party claims of bodily injury, property damage, or personal injury.


Business owner’s policy (BOP) insurance offers bundled protection from claims related to property damage, fire, personal injury, advertising injury, and other issues.