Errors and Omissions Insurance Ontario

Protect your business. Get professional liability insurance.

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Professional Liability Insurance

Mistakes happen. Inadvertent errors can place a business in a difficult position from a reputational perspective, but also a financial one. Whether you sell real estate, are an engineer, a consultant, or a design agency – a mistake or advice leading to loss can open up the possibility of litigation. Many claims can be malicious or frivolous, leading to management and entrepreneurs being distracted from creating value for their core businesses. In either case, litigation can be lengthy and expensive, and your business may suffer or fold as a result. Errors and omissions liability insurance is in place to cover you in this circumstance and allows you to focus on your business.

Errors and omissions insurance covers situations for you and your company that are not covered by general commercial liability insurance. Your general liability policy provides coverage for bodily injury or property damage but not pure financial loss.

Get a quick quote to safe guard your business:


General liability policies can exclude claims arising out of your professional or advisory services. E&O policies fill these gaps and protect you against claims for financial loss, or bodily injury, and property damage claims. For example, clients may sue a management consultant if they suffer a loss resulting from operational advice, despite being informed of strategic risks. Even if a court or adjudication panel finds that the advisor has done nothing wrong, the legal fees can enormous. E&O insurance protects your business from these kinds of risks.

Errors and omissions policies differ according based on the domain in which you operate. You can work with Cover to help provide any customizations you may need.

Errors and Omissions Professional Liability Insurance includes:

  • Comparisons of policy terms across all insurers, and negotiation of special changes and policy features.
  • Continuity of coverage when changing insurers for successful transitions.
  • Coverage of work done by temporary staff and subcontractors.
  • Monitoring of claims, and premiums to ensure they match your risks and risk profile.

Sign up to work through any customizations you may need!