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Professional liability insurance, also known as errors and omissions (E&O) insurance, protects you from claims of negligence or of delivering an inadequate work product to a client. With professional liability insurance from Cinch™, you can feel comfortable knowing that if you face a claim, our team will work to protect you and your reputation.

Why Should I Choose Cinch for My Professional Liability Insurance?

Plain and simple: financial security, our commitment to our customers, and competitive pricing.

Cinch is part of Berkshire Hathaway Specialty Insurance (BHSI), which offers financial stability, professionalism, and core values that center around a dedication to customer satisfaction. We also offer a simplified, same-day digital experience. Your coverage can start the same day you purchase, and your online account is available to you 24 / 7.

If there’s ever a claim filed against you, we bring efficiency and transparency to all aspects of the claims-handling process. At its core, handling claims is about people—and our people bring skill and compassion to the process to protect your interests.

Plus, we sell direct to the customer, which means that customers can save as much as 20% prices—and, in some cases, even more*.

What Does a Cinch Professional Liability Insurance Policy Include?

Our policies include**:

  • Customized deductibles;
  • Flexible limits (depending on your needs);
  • Qualified payment plans;
  • No hidden service fees;
  • No caps on annual earnings; and,
  • 24 / 7 digital access to your account.

What Are Insurance ‘Limits’ and How Do They Work?

Insurance limits are the amount of money for which you are covered per claim/per policy term (which is usually one year). Your limits will often come as two separate, but related, figures, such as $1 million/$3 million. The first limit ($1 million in this example) is the amount of money that your policy will pay for each claim. The second limit ($3 million in this example) is an aggregate of how much money your policy will cover you for each policy year.

How Much Professional Liability (E&O) Coverage Do I Need?

People typically buy coverage ranging from $250,000 to $1 million per claim, based on the complexities of their job. Say that you bought a policy with limits of $1 million/$3 million. If a claim is ever filed against you, you’d have up to $1 million to pay for legal fees and damages from an individual claim, and up to $3 million over the course of your annual policy.

As you go through the “get a quote” process, we’ll highlight the most common limits of liability based on a range of factors.

How Much Does Professional Liability Insurance Cost?

The cost of your policy will depend on a number of factors, including your particular profession, your location, how much revenue your business generates, and any previous claims filed against you. A $1 million/$3 million policy can start at $480 a year, depending on those factors. Because we allow Cinch customers to buy direct, we’re able to offer very competitive pricing, often saving you as much as 20%***.

And if you get a quote for a lower-priced policy, we want to know about it.

“We started Cinch because we believe that we can make insurance better, faster, and more affordable by offering you a direct connection with an insurance company that cares about your needs. That means that you buy directly from us and you talk directly to us. We know you expect fast, seamless results from a company that really understands you—and that emphasis on technology, compassion, and customer satisfaction is all built into the Cinch mission.”

Adam Yasan

VP, Cinch

Let Cinch Help Protect Your Career

As an independent contractor or small business owner, you need protection from actions brought against you by clients, other businesses, or even your peers. If you’re ever sued by clients who feel harmed by your actions or omissions—regardless of whether the allegations against you are true—professional liability insurance can step in to defend you, protect you, and potentially pay any settlements.

With Cinch and BHSI, you’ll get the relief of knowing that a reliable partner has your back—and your professional reputation in mind—and will support you with the necessary resources until you’re comfortable with a solution.

Still have questions? Feel free to call us at 844-716-8418; our friendly staff will be happy to address your individual situation.




*“20% savings” is based on industry pricing averages.

**Quote and issuance of a policy are conditioned upon receipt and approval of the following 1) Practice Location; 2) Profession / Specialty; 3) Employment Status; 4) Coverage Type; 5) Hours Worked; and 7) Prior Claims Activity. Final pricing and terms of coverage may vary.

***Terms, pricing, and coverage may vary.

What’s Covered Under the Cinch Professional Protection™ Plan?

Professional Liability Coverage

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If you provide professional services to clients, professional liability coverage insures you against claims of negligence or delivering inadequate work products (also known as “errors and omissions” or E&O coverage).

If a claim is filed against you, we’ll assign you a lawyer from our network of defense attorneys who specialize in professional liability, and we’ll pay their legal fees. We’ll also pay for related defense costs (e.g., court fees, settlements).*

AMOUNT COVERED Depending on the profession, limits of liability can range from $250,000 per claim/$500,000 aggregate to $1 million per claim/$2 million aggregate.

EXAMPLE You’re a home inspector and were hired by a client to inspect a home after a purchase. Weeks later, you receive a call from the client, saying that they’re filing a claim against you for failing to find mold behind the drywall. The mold is in a difficult-to-reach spot, and you feel confident that you wouldn’t have been able to find it during the inspection. So you decide to dispute this claim.

In this instance, your policy will retain a lawyer for you who works specifically on your behalf and with your best interests in mind. Because this is your lawyer, you get to decide whether the case goes to trial or end in a settlement.

*All instances provided that the complaint is covered under this policy.

Disciplinary Proceeding Reimbursement

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If you’re investigated by a professional regulatory organization, we’ll appoint defense counsel for you and reimburse you for the attorney fees resulting from the investigation.*

AMOUNT COVERED $15,000 per action or proceeding.

EXAMPLE You’re a home appraiser, and the Real Estate Appraiser Board opens an investigation into your recent appraisals because they believe they’re too high. In this case, we’d retain an attorney for you and reimburse your legal fees.

*All instances provided that the complaint is covered under this policy.

Wage Loss/Deposition Expense Coverage

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If we ask you to attend any depositions, trials, hearings, or arbitration proceedings in support of your defense, we’ll reimburse you for actual lost wages and any reasonable and necessary expenses.*

AMOUNT COVERED $1,000 per day.

EXAMPLE You’re an insurance broker and you’re currently involved in a claims dispute of your own. We ask you to attend a deposition, which means that you’ll have to take a full day off of work. Because you’re insured, we’ll reimburse your travel expenses, meals, and proven lost wages.

*All instances provided that the complaint is covered under this policy.

Relationship Protection

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If someone files a claim against your heirs or estate for your alleged professional negligence, your policy will cover the cost of their legal defense and damages.*

AMOUNT COVERED Depending on the profession, limits of liability can range from $250,000 per claim/$500,000 aggregate to $1 million per claim/$2 million aggregate.

EXAMPLE After a long, successful career as a real estate agent, you pass away. Afterward, a client files a claim against your family, alleging that you gave her inaccurate tax advice. In this case, your policy will provide your family with the coverage you would have received if you were alive.

*All instances provided that the complaint is covered under this policy.

Contingent Bodily Injury or Property Damage

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If someone is injured or if property is damaged as a result of your professional services, we’ll provide you with a lawyer and pay for damages.*

AMOUNT COVERED Up to $15,000, depending on the profession.

EXAMPLE You’re a home inspector and you decide to test the sturdiness of a porch—and the railing breaks. The current homeowner decides to file a claim against you for damaging the porch.

*All instances provided that the complaint is covered under this policy.

Retroactive Date

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If someone files a claim against you for a date when you didn’t have E&O coverage, we’ll cover you retroactively.*

EXAMPLE You bought a Cinch professional liability policy in April 2018. In August 2019, a former client files a claim against you for the first time, alleging that the home inspection you did in 2016 was inadequate. In this case, your 2018 policy would still provide you with legal counsel and the funds with which to pay any settlements.

*All instances provided that the complaint is covered under this policy.

For Real Estate Agents & Brokers

Open House or House Showing Coverage

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The policy applies to damage to property, loss of items, or injuries that occur while you’re showing a home.*

AMOUNT COVERED Up to $50,000.

EXAMPLE You’re a real estate agent hosting an open house for a client. During the event, a prospective buyer breaks the current homeowners’ $5,000 Tiffany vase. In this case, your policy will help you replace it for your clients.

*All circumstances are covered unless or until the conduct was done intentionally and/or with your knowledge.

Fair Housing Act Coverage

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The policy applies to claims alleging that you discriminated against someone in the sale, rental, or financing of a property based on race, color, religion, sex, or national origin.*

AMOUNT COVERED Up to $100,000.

EXAMPLE For a number of reasons, your client decides not to choose the highest offer for the house she’s selling. The couple that put in the offer claims that they were discriminated against due to their national origin. Specifically, they claim that you must have steered your clients away from choosing them.

*All circumstances are covered unless or until the conduct was done intentionally and/or with your knowledge.

Failure to Disclose Pollutants

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The policy applies to claims arising out of allegations that you failed to disclose pollutants to a buyer.*

AMOUNT COVERED Up to $100,000.

EXAMPLE Your clients knew that there was lead paint in the house. They claim that they mentioned it to you, but they didn’t formally disclose it in their paperwork. Now, the new owners are filing a claim against all of you, saying that they have proof that you knew about the pollutant all along.

*All circumstances are covered unless or until the conduct was done intentionally and/or with your knowledge.

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