Professional Liability Insurance

Professional liability insurance helps protect your small business against claims by customers, clients, or other businesses who believe they were harmed because of services or advice your business provided.

Also referred to as errors and omissions insurance or professional indemnity insurance, this type of coverage is designed to help cover legal fees, costs, and damages for relevant claims. It does not protect against criminal prosecution.

Depending on your industry or profession, your state may require your business to have a professional liability insurance policy. Also, in some industries, clients and customers may require proof of professional liability insurance. This can include contractors, architects, engineers, attorneys, consultants, real estate agents, marketers, counselors, and others. There are also variations on what professional liability insurance includes within various professions, such as medical malpractice and legal malpractice insurance.

Even if your state or clients do not require that you have professional liability insurance, you may want to add this coverage to help protect your business in the case of a liability claim.

What’s typically covered by professional liability insurance?

Professional liability insurance helps cover claims including:

Inaccurate advice



Violation of good faith 

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Pie has partnered with Progressive Insurance for your professional liability insurance needs. Progressive’s team can help you find the best coverage for your specific business and budget.

Get a Quote with Progressive

How does professional liability insurance help 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 a business owner from paying out of pocket for lawsuits related to claims against the small business
  • Helps keep business assets safe in the event of a professional liability claim

What other types of insurance might my small business need?

While professional liability insurance helps safeguard your company from claims of negligent business practices, as a small business owner, you should also consider other types of insurance:


Workers’ compensation insurance helps provide 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.