Alleged errors, omissions, or negligence in your professional services that cause financial loss to a client, even without bodily injury or property damage.

Yes—most forms are claims-made; pay attention to retroactive dates and tail (extended reporting) options when switching carriers.

Consultants, accountants, designers, IT firms, marketers—anyone whose advice or deliverables could create client financial loss.

Often, if the delay is alleged to be a professional error or omission that caused damages (subject to policy terms and exclusions).

Pure payment disputes are typically excluded; E&O is intended for negligence claims, not collections issues.

Limits of $1M–$5M are typical; deductibles vary by risk appetite and contract requirements.

Use written scopes, change orders, QA checklists, and client sign-offs; keep version control and documentation for every project.