Professional Liability Insurance

Having Ontario Professional Liability Insurance can protect you and your business in the event you are served a lawsuit.

We provide professional liability insurance services across Ontario, Canada.Professional Liability Insurance Ontario

Our goal is to focus on the need of professionals. Getting the right insurance policy that adequately protects the business is a must today. We provide liability insurance for over 100 professions Ontario wide!

Below you will learn all about what this coverage is, why you need it as a professional, why more and more companies today are asking for this coverage, and why having a policy for your business is totally worth it!


What is Professional Liability Insurance Coverage?

Professional Liability Insurance also known as Errors and Omissions Insurance (E&O) and Professional Indemnity Insurance financially protects professionals when they get sued by clients or third parties that incur financial damages or losses as a result of negligence, errors, and or mistakes.


Why do I need to have insurance? & What is the Cost of Professional Liability Insurance?

The purpose behind purchasing a professional liability insurance policy is to protect yourself from future liability that may occur as a direct or indirect result of your services provided to clients or third parties. In the case of a lawsuit, clients that incur a loss come directly after the professionals responsible. A liability insurance policy protects you the professional in this case by providing financial protection. As a professional, losses may be caused due to negligence, mistakes, failure to deliver, or other unexpected events. As a result, you may find yourself being involved in a lawsuit.

Your defense costs (court costs) can be covered by your insurance policy. Law suits today can be extremely costly and can accumulate expenses that range in the $100,000’s, it is best to secure yourself today rather than suffer tomorrow. If you want to learn more about the type of coverages offered under a PLI policy, please go to this page.

The cost of a professional liability policy varies from profession to profession. As an example, a yoga instructor pays $190 for the whole year for million dollars coverage and an IT consultant pays anywhere from $600-$2,000. We quote you on an individual basis considering your exposures. This is what makes our brokers competitive in the market.


At this point, you may have more questions such as:

  • Do I need to have general liability insurance and professional liability insurance?
  • What type of professionals require professional liability insurance?
  • How do I apply?


We at ProfessionalsCoverage strive to provide our customers and clients answers that are important and applicable to them. Below you will find answers to more questions that can help you decide if you should have insurance or not.


Professional E and O Liability Policy Coverages


Please find the list of professions we commonly insure below:

Many professions in Ontario require liability insurance to be present prior to providing any professional services to the public.

If your profession is not listed below, please contact us. We can do our research and find you a market that has good coverages and fair rates!

Acoustic Consultants
Academic Testing Centres
Accident Investigation
Accident Prevention Consultants
Agricultural Consultants
Adoption Agencies
Advertising Agencies
Advertising Agents & Services
Aerial Mappers
Alarm Monitoring Services
Allied Health Professionals
Alternative Dispute Resolution Firms
Alternative Energy
Answering Services
Arbitrators & Mediators
Arborists / Tree Surgeons
Architects & Engineers
Architectural technicians and technologists
Auctioneers, Auction Houses
Blueprint & Photocopy
Boat Registrars
Branding Consultant Insurance
Business Consultant Insurance
Business Management Consultants Insurance
Building Designers(Bill 124)
Business Brokers/Managers
Business Consultant
Business Enterprise Agencies
Business Management Consultants
Business Training Courses
Cabling Designers
Camera & Photo Supply Stores
Careers Advisory Service
Catering Consultancy
Cereal Growing Advisors
Chambers of Commerce & Trade
Civil engineers
Claims Adjusters & Administrators
Collection Agencies
Commercial Printer
Communication Consultants
Company Formation
Company Search Agency
Computer Repair Business 
Conference & Event Management
Conference Facilities & Services
Conservation Consultants
Conservation Organizations
Consumer Organisations
Contest Managers
Contractors Insurance
Contractors Accountants
Convention Planners
Counselling & Advice Services
Court Reporters
Credit Reference Services/Bureaus
Custom Computer Software Consultant Insurance
Custom House Broker
Customs & Forwarding Agents
Data Processing Services
Database Managers
Data Scientist Insurance
Day Spas
Decorators – Interior
Dental Laboratories
Digital Marketing Agency
Dietitians (Consulting)
Directors and Officers
Documentary creators
Employment Agencies
Employment Agencies/Recruiters
Employment Placement Agencies
Energy Audits & Assessments
Energy Conservation– Commercial/Industrial
Environmental Engineers
Ergonomics Consultant
Education Consultants
Event Planners
Excess & Umbrella Liability
Fashion Consultant
Fire Protection Consultant
Fire Safety Consultant
Fitness Clubs
Forestry Consultant
Foreign Legal Consultants
Fuel Efficiency – Domestic
Fuel Efficiency – Commercial/Industrial
Health and Social Care Consultants
HR Consultants
Holistic Professional
Home inspectors insurance
Immigration Consultants
Independent Contractor
Industrial Designers
Information Technology
Interior Designers
IT Consultants
IT Contractor
IT Specialist/Technician/Programmer
IT Staffing Agency
Lawyer’s Excess Professional Liability
Linguistic Consultant
Long Term Care
Management Consultants
Marketing Consultants
Market Research Analyst
Medical Clinics
Medical Devices
Medical Professionals (Malpractice Insurance)
Medical Related
Medical Student Malpractice Insurance
Mobile App Developers
Mortgage Brokers
Multimedia designers
Network Security Company
New Media
Noise And Vibration Consultant
Occupational Health and Safety Consultants
Placement Agencies
Planning Consultant
Printing Consultant
Private Investigators
Process Servers
Product Designers
Professional Entertainers
Professional Organizer
Professionals Liability
Project Managers
Property Managers
Publicity Consultant
Public Relations Consultant
Publishers and Printers
Quality Control Consultants
Recruitment and Employment Agency
Recruitment Consultants
Regulatory Consultant
Research & Development
Research Consultants Insurance
Risk Management Consultants Insurance
Roofing Consultants
Safety Engineers
Safety Training/Consultant
Security Consultant
SEO & SEM Consultants
Service Organizations
Software Developers Insurance
Solar & Wind Farm Engineers & Consultants
Spa Package
Structural Engineers
Tax Prepares
Technical Writers
Technology Companies
Telecom Cabling Installers
Theater Lighting Consultant
Therapist Professionals
Town / Urban Planners
Training Providers/Trainers
Translators etc.
Travel Agencies
Travel Agents
Travel Agents, Tour operators
Web Designers
Web-Site Designers
Web Hosting Service
Workplace Engineers & Consultants


Do I need both General Liability insurance and Professional Liability Insurance?

Do not mistake a General Liability Insurance (CGL) policy for a professional liability insurance policy. They are DIFFERENT. CGL covers physical damages on your property and more. Professional Liability Insurance QuotesProfessional liability covers you for liabilities, claims, and lawsuits that arise as a result of your profession. There is fine line that separates these two coverages. They are often bought by business owners who provide professional services and also have an office where clients visit.

An example would be an accountant that provides tax consulting and has an office space where clients come and to discuss their finances. Claims arise out of both physical and professional situations. It is best to insurance yourself with a business insurance policy that is a combination of PLI & CGL coverage if you are a business owner.

If you would like to know more, head over to page: General Liability vs Professional Liability.

The broker should be able to conclude if you need both professional liability and general liability insurance along with a ballpark premium amount that you should be paying after you provide them:

  • Description of your business operations
  • Risk exposures that you feel exist
  • Expected 12 month gross revenues
  • Description of the type of clients you have or may have
  • Precautionary measures you take with each client

Most industries today have a mandatory requirement through their governing bodies that require professionals to obtain a minimum liability insurance limit. Examples of these industries would be physicians, consultants, engineers, and accountants. You as a professional may find that the fine line between landing a contract with your client and losing the business is being adequately insured by a policy.

We must also keep in mind that in some industries, not having liability insurance can violate the law while practicing.


Professional Liability Insurance for Ontario Companies – Example: Consultants & Accountants

Professional liability insurance for consultants is not just bought for ones peace of mind. The basic industry standards require individuals practicing as consultants to maintain a minimum liability liability insurance forcoverage limit which is usually over 1 million dollars. The clients today are more aware about the importance of dealing with professionals who are covered by an insurance policy.

During a survey in Toronto, Canada, 100 consultants were asked the reasons behind their success and failures in their career. Over 35% of the professionals mentioned not being insured up to client requirements as a reason behind failing to land projects. The majority mentioned being insured with a good insurance company such as LLoyds of London and Intact Insurance as a key to client satisfaction.

Accountants today operate out of offices in the city downtown or sometimes from a small room in their basement. Location being a high end office or a room in a house, the chance of getting a lawsuit from a client does not change. We must keep in mind, it’s your services that can cause damages, not just the location. It is often misunderstood by professionals that Accountants professional liability insurance is not necessary. This is absolutely incorrect!


A fair warning

If you are a professional who offers services for a cost or voluntarily, your actions/services/outcomes can potentially cause financial damages to other parties. When such a situation occurs, there is usually a very direct outcome; being served with a lawsuit. Even if you are a business owner who operates from home and provides any sort of professional services, you must buy professional liability coverage to protect yourself from financial loss with insurance as your shield.

Not only may you be covered for the amount of the lawsuit up to the policy limit, you may also opt to have a coverage which shields you from the lawyer costs that incur while defending or representing you in court.


How do I get a quote? What is the application process?

For some professionals, we can provide you instant professional liability insurance quotes over the phone after understanding your business’ insurance needs. If you do not fit our instant issue programs, we have a standard procedure that we use in house. You can also checkout our guide on how to get a professional liability insurance policy.


Let’s use an engineer as an example

Every time we get a call from an Engineer, the first question always asked is something like, “Can you please give me a quote for a civil engineer”? We understand your needs and want to provide you the best and lowest quote ASAP. Saying that, we must keep in mind that there is a process to quoting professionals.

There are 2 types of quotes, the predetermined prices for which we can provide in seconds & the others that we have to quote on case by case basis. Although sometimes quotes are not available the right second demanded, we can always provide you details of the coverage that you will receive. This gives you an idea of the policy coverages you will receive along with a ballpark premium range.


The process

When we receive a request from let’s say an engineer, the first step we take is process it with our broker partners. The step following that is marketing your submission to specialized insurers to obtain a custom quote. Keep in mind, our brokers and agents place millions of dollars in business with these insurance companies so getting special rates isn’t far fetched especially if a program exists with fix prices and coverages for a given profession! Once we receive multiple quotes (The turn around time is between 1-3 days), our commercial department analyses and provides your broker a proposal which contains the best coverage for the lowest premium.

If you agree and are comfortable with the proposal, we proceed to binding your insurance which can be done within a few hours.




Need coverage in effect? Compare the market!

get a quote




Other useful pages that you should read


Why Choose ProfessionalsCoverage?

We have been in the industry for many years! This has allowed us to build reliable relationships with brokerages and agencies that are contracted with Canada’s leading insurance companies. We have been contacted for ?????????????thousands of policies across Canada and arrange insurance from single individuals to groups containing more than 12,000 members. We can get you fair rates and fast turnaround time on policies! Get your professional indemnity aka E&O insurance policy through us today!

Refer to our list of professions that we commonly arrange insurance for above. If your profession is not listed, contact us Toll Free 1.888.480.7677. We can find a specialized broker that can arrange a custom professional liability insurance policy just for you! 

Why not get a free quote?

Takes less than 30 seconds. Compare multiple insurance companies at once.


get a quote now



Ok, sure.