Errors & Omissions Insurance for Nevada Professionals

Protect yourself against claims of negligence, errors, and omissions with professional liability coverage designed for your specific profession. Family Insurance LLC writes professional liability / e&o insurance across Nevada, Utah and Minnesota, comparing 10+ A-rated carriers. Call (702) 764-9951 for a quote.

Coverage	Professional Liability / E&O Insurance
Category	Commercial Insurance
States available	Nevada, Utah, Minnesota
Who it's for	Accountants and bookkeepers; Architects and engineers; Consultants and advisors
Carriers shopped	10+ A-rated carriers
Phone	(702) 764-9951

Overview

Professional liability insurance — also called errors and omissions (E&O) — protects professionals who provide advice, services, or designs from claims that their work caused a client financial harm. In Nevada's litigious business environment, a single claim can cost $50,000+ in legal defense alone.

Unlike general liability, which covers physical injuries, professional liability covers financial losses caused by your professional services. This includes missed deadlines, incorrect advice, design errors, and failure to deliver promised results.

Family Insurance works with carriers specializing in professional liability across dozens of professions. We match your coverage to your specific practice areas, client types, and contract requirements.

Who needs this coverage

• Accountants and bookkeepers
• Architects and engineers
• Consultants and advisors
• Insurance agents and brokers
• Real estate agents
• IT consultants and developers

What's included

• Defense against negligence claims
• Coverage for errors in professional work
• Contract requirement compliance
• Regulatory defense coverage
• Prior acts coverage available

Coverage details

• Professional Negligence: Covers claims that your professional advice, services, or deliverables fell below the standard of care and caused financial harm to a client.
• Errors & Omissions: Covers claims arising from mistakes in your work — incorrect calculations, design flaws, missed deadlines, or incorrect filings.
• Legal Defense: Pays attorney fees, court costs, expert witness fees, and settlement negotiations — even for groundless claims.
• Regulatory Defense: Covers the costs of defending against complaints filed with your licensing board or professional regulatory body.
• Breach of Contract: Covers claims that you failed to deliver services as promised in your contract or scope of work.
• Subcontractor Liability: Extends coverage to work performed by subcontractors you hire, provided they're working under your direction.

Common endorsements

• Prior acts coverage
• Extended reporting period (tail)
• Disciplinary proceedings
• Loss of documents

Frequently asked questions

What's the difference between claims-made and occurrence policies?

Claims-made policies cover claims filed during the policy period, regardless of when the error occurred (subject to the retroactive date). Occurrence policies cover errors that happened during the policy period, even if the claim comes later. Most E&O is claims-made.

Do I need tail coverage?

If you have a claims-made policy and change carriers, retire, or close your practice, tail coverage protects you from claims filed after your policy ends for work done while you were covered.

Will my E&O cover a client's lost profits?

Yes — E&O typically covers compensatory damages including a client's lost profits, extra expenses, and costs to correct your error, up to your policy limits.

Family Insurance LLC · 7318 West Post Rd Ste 202B, Las Vegas, NV 89118 · (702) 764-9951 · info@familyinsurancellc.com