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BizInsure serves a wide range of industries, providing solutions and putting them to work for our clients to improve productivity and performance. Professional Liability insurance, also known as Errors & Omissions insurance (E&O), can provide coverage for your business against claims of negligence, misrepresentation or mistake. Typically, the allegation is that your services, products or employees caused some form of financial damage to a third party.

General Liability is the most common and essential type of business insurance. This insurance can protect your business against bodily injury or property damage lawsuit from outside parties. A Business Owner's Policy (BOP) is a convenient package that combines General Liability with coverage for your business property, inventory and/or your building.

Workers Compensation Insurance protects your business and your employees in the event of a work-related illness or injury. This includes costs for medical care, replacement of lost wages, funeral costs and disability support.
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General Liability is the most common and essential type of business insurance.
Also referred to as Commercial General Liability or Business Liability, this insurance can protect your business against bodily injury or property damage lawsuits from outside parties.
Whether an accident is your fault or not, or the accusation is true or meritless, General Liability coverage may help protect your business against covered claims by paying defense costs and any damages up to your chosen policy limit.
Professional Liability, otherwise known as E&O insurance, protects your business against claims of negligence, misrepresentation or mistake, as well as document or paperwork errors.
People working in certain industries may be required to have Professional Liability insurance in order to do business.
Professional Liability insurance can protect your business against allegations that your services, products or employees caused a third party some form of financial damage.
A Professional Liability policy typically pays for your attorney fees and other legal expenses necessary to defend your business in court.
At Bizinsure, our analysis of more than 5000 of our customers showed that regardless of the industry or policy limits, the average yearly cost of Professional Liability Insurance for a small business is $767.24.
As a yearly median cost this is $600.
Nevertheless, more than a third of small business owners pay less than $600 per year for their Professional Liability Insurance coverage.
Small business owners can expect to pay on average around $63.93 per month for Professional Liability insurance.
E&O insurance, otherwise known as Professional Liability, can protect your business against claims of misrepresentation, mistake, or negligence.
An E&O claim typically alleges that your services, products, or employees caused a third party to suffer some form of financial loss.
Regardless of whether you are at fault, litigation resulting from E&O claims can be expensive, time-consuming, and damaging to your professional reputation.
Errors and Omissions insurance can help safeguard professional service providers against potentially devastating financial damages resulting from alleged negligence, an error in the delivery of your services, or other related liability claims.
A Business Owner's Policy (BOP) is a convenient package of insurance that protects your business against the common risks it faces every day.
The BOP product includes various coverages that may suit the unique requirements of your small business.
BOPs are ideally suited to small and medium sized businesses due the range of different coverages that can be included and the convenience to the business owner of the single package.
Insurance included in a BOP can vary but usually they include protection for typical small business risks such as property damage, business interruption and liability.
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