Professional Liability for Business Insurance



Film Emporium offers professional libaility insurance for business.


Quotes are complimentary.  No Obligation.


Click here for definitions of insurance terms.

Film Emporium offers cheap rates on quality coverage for your E&O Insurance. Errors and omissions insurance, also called professional liability insurance, protects you if a client claims that your services caused them to suffer a financial loss. 


 Many professional service companies purchase E&O insurance policies. These policies are usually issued in $1 million increments. The per-claim deductibles range from $1,000 to $25,000.


 Some insurance companies are reluctant to issue professional liability policies, while others specialize in policies for specific professions. However, we have access to multiple insurance carriers and work with a wide range of small business professionals. We can find E&O insurance coverage that is comprehensive. Furthermore, it fits the budget of small and mid-sized businesses.


 It is important to note that almost all professional liability insurance policies are sold on a “claims-made” basis. The insurance only covers work performed while the policy is active. Claims must be filed during the policy term in order to be covered. If you cancel your E&O insurance policy without arranging for an extended reporting period, coverage would end, and any claims submitted after the cancellation would not be covered, even though the work was performed while the policy was in effect.


 It is also important to know that there are exclusions in every errors and omissions insurance policy. Think about the most dangerous threats and professional risks for your business. Look for a policy that covers these specific risks.


Before you purchase this type of policy, consider these points. Feel free to contact us or fill out our online application to receive a quote on a professional liability insurance policy that fits your needs. 



How does professional liability insurance protect your business?

No one expects to make an error or omission that harms a client, but mistakes do happen. Even if you are not at fault, a disgruntled client could bring a lawsuit against you. Business owners who are honest and hard-working have been ruined by lawsuits. These lawsuits are unjustified but they divert the owner's time and resources away from running the business.


When you have professional liability insurance any lawsuit should trigger a call to us. We will work with you to initiate the claim. You can return to running your business.


The insurance company, which would pay any judgment against you, will be protecting both your interests during the legal process. This is up to policy limits.