Professional Liability Insurance| Smart, Fast, Friendly Digital Insurance Expert

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Safeguard your stellar reputation if someone isn’t happy with your professional services.

Professional liability insurance helps you handle the high costs of defending against a claim from clients who are unhappy with your work. Even if you know you've done nothing wrong:

You’ll have to pay to defend your business.
You could be found liable and owe hundreds of thousands
The lawsuit could be thrown out (or settled out of court) but you'll still need an attorney to file the paperwork

Mylo compares quotes from top-rated business insurance companies to find you the right professional liability policy at the best value.

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What does professional liability cover?

Unhappy clients happen. We make sure you're prepared for complaints like:

Breach of contract

A client may claim you didn't deliver the results or services they expected to receive from you. If you're an app developer, you could be sued for not meeting a client's agreed-upon launch deadline.

Bodily injury, property damage or loss of use/earnings

A client may claim you caused physical harm to them, damaged their property or hurt their ability to work. If a client in your beauty salon has a bad allergic reaction to your hair dye, you could be held responsible for her medical bill. If she’s also an influencer, she could sue you for loss of earnings.

FInancial loss

A client may claim you caused them to lose money. If you’re a financial planner who buys and sell stocks for clients, you might advise someone to invest in a rising star company that unexpectedly goes belly up. Your client may say you didn’t make her aware of the risk.

Consequential damages

A client may claim you didn’t cause a direct physical or financial injury but still did something that harmed them. If you own a website business that hosts an ecommerce store, and a thunderstorm on your end causes your client to go down for 12 hours on Cyber Monday, you could be sued for the lost profits.

Professional liability FAQs

Keep on building a great business and a stellar reputation. We've got this!

What types of complaints does professional liability cover?

Professional liability covers lawsuits that arise from situations like:

Breach of contract
Bodily harm and/or property damage
Loss of earnings and other financial loss
Not meeting professional standards

What's the difference between general liability and professional liability insurance?

General Liability pays medical and legal costs if people are harmed (or their property damaged) because of your physical space or business operations, as well as "advertising injury" such as libel or copyright infringement. Professional liability covers complaints about the professional services you provide.

What if I've done nothing wrong ... and I can prove it?

You'll still have to pay to defend your business, which can add up fast. Even if the claim against you is thrown out (or settled out of court), you'll need an attorney to file your paperwork and represent your business.

What if I'm sued after my policy lapses?

There are two standard types of professional liability policies: Claims-made and Occurrence. An Occurrence policy that lapses will still pay out if it was in effect when the disputed treatment occurred. A Claims-made policy will not. But you can add tail coverage to a claims-made policy that allows you to extend coverage for a specific amount of time even if you don't renew your policy.

How will Mylo find me the right policy?

Mylo is a small business insurance expert who has been innovating insurance since 2015. We can quickly:

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