What is property and casualty insurance?

Property and casualty insurance covers businesses and individuals against risks such as property damage, liability claims, and accidents.

What insurance does a small business need?

Most small businesses need general liability, workers compensation, commercial property insurance, and possibly professional liability depending on their operations.

Do you offer insurance in multiple states?

Yes, Insurance Plus LLC provides insurance services across Missouri, Iowa, Kansas, and Illinois.

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Professional Liability Insurance (E&O) in Missouri

When a client claims your professional advice or services caused them financial harm, E&O insurance protects your business and reputation.

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What Is Professional Liability Insurance?

Professional liability insurance—commonly called errors and omissions (E&O) insurance—protects businesses and professionals against claims of negligence, errors, omissions, or inadequate work in the services they provide. Unlike general liability, which covers physical injury and property damage, professional liability covers financial losses caused by your professional services or advice.

In Missouri, professionals across many industries carry E&O coverage to protect against the unique risks of providing expert services. Insurance Plus helps you find competitive professional liability policies through our carrier network.

Who Needs Professional Liability Insurance?

Any business or individual that provides professional services, advice, or expertise should carry E&O coverage. This includes consultants, accountants, architects, engineers, IT professionals, real estate agents, insurance agents, attorneys, and healthcare providers.

Many clients and contracts in Missouri require proof of professional liability insurance before engaging your services. Even without a contractual requirement, the risk of a malpractice or negligence claim makes E&O coverage essential.

What E&O Covers

Professional liability insurance covers legal defense costs, settlements, and judgments arising from claims of professional negligence, errors in your work product, failure to deliver services as promised, missed deadlines that cause client losses, and breach of professional duty. Even unfounded claims require legal defense, which E&O insurance covers.

What's Typically Covered

Professional negligence claims

Errors in delivered work or advice

Omissions and failure to perform

Breach of professional duty

Legal defense costs

Court judgments and settlements

Missed deadlines causing client losses

Unintentional misrepresentation

Why Choose Insurance Plus?

Business-First Approach

We understand the unique risks Missouri businesses face and build coverage around your operations.

Dedicated Advisors

Your advisor knows your business inside and out, providing proactive guidance as your needs evolve.

Carrier Network

Access to 40+ carriers means competitive rates and the right coverage, not a one-size-fits-all policy.

Frequently Asked Questions

What's the difference between E&O and general liability?

General liability covers bodily injury and property damage. Professional liability (E&O) covers financial losses caused by your professional services, advice, or expertise. Most businesses need both.

Is professional liability insurance required in Missouri?

While not legally required for most professions, many clients, contracts, and professional associations require proof of E&O coverage. Certain licensed professions may have regulatory requirements.

How much does E&O insurance cost?

Costs vary by profession, revenue, claims history, and coverage limits. Many professionals pay between $500 and $3,000 per year. Insurance Plus compares rates across multiple carriers.

Does E&O cover past work?

Most E&O policies are 'claims-made,' meaning they cover claims made during the policy period, regardless of when the work was performed (subject to a retroactive date). Tail coverage is available for additional protection.

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Get a tailored commercial insurance review from our Columbia, MO team.

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