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Miscellaneous Professional Liability Insurance: Did you know?

A PRIME and Liberty Mutual Insurance Special

Miscellaneous Professional Liability coverage is also known as Errors and Omissions. It exclusively protects from financial damages and is part of a commercial general liability policy. Mistakes occur all the time and our culture promotes lawsuits that can result in major court related expenditures. No longer limited to physicians, attorneys, and other professionals, this insurance also shields many small businesses that offer professional-standard services. In fact, there is a rise in job contracts that actually require professional liability coverage to be in place.

Eligible classes include, but are not limited to the following:

  • Antique shops
  • Art galleries
  • Auctioneers
  • Caterers
  • Various kinds of consultants
  • Dental labs
  • Party, event and wedding planners
  • Hotels
  • Inspection/appraisal companies
  • Interior designers
  • Office machine or appliance installation, inspection, adjustment or repair businesses
  • Photographers
  • Professional trade associations
  • Real estate agents
  • Sales or service organizations
  • Ticket agencies

Miscellaneous Professional Liability Coverage

  • One Endorsement for all coverages
  • Easily endorsed onto CGL policy – no separate policy required
  • Flexible limits and deductibles
  • Separate limits of insurance – the commercial general liability policy’s Each Occurrence/General Aggregate Limit is not reduced if payment is made for wrongful acts under this endorsement
  • Claims-made coverage is subject to the retroactive date
  • Defense is within/inside the limits
  • Extended reporting options include: automatic 60-day basic extended reporting period, optional three-year extended reporting

Limit options may vary between states and deductibles are subject to minimum amount based on limits.


To discuss your individual business circumstances and how it relates to the Miscellaneous Professional Liability coverage, contact PRIME Insurance Agency.

PRIME Insurance is a 3-generation family-run independent agency. We’ve been appointed by the leading companies to deal directly with them, making us partners with the big industry names like ACE, ASI, ASSURANT, CHUBB, FOREMOST, ICW Group, Liberty Mutual, MetLife, PROGRESSIVE, Safeco, StillWater, Travelers, USLI, ZURICH and others. With thousands of satisfied customers, we benefit our clients by reviewing current coverage, and by shopping our extensive network to locate customized policies at competitively lowest quotes.

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Summary: These days, Professional Liability Insurance is not just for doctors, lawyers and others like them. Many businesses provided services that are of a professional standard, exposing them to the risks.