Professional Liability (E&O), for what you advise, design, and deliver.

Frequently Asked Questions

• What is the difference between claims-made and occurrence policies?
  Claims-made policies cover claims made and reported during the policy period for incidents occurring after the retroactive date. Occurrence policies cover incidents that happen during the policy period regardless of when the claim is reported. Professional liability is almost always claims-made.
• Do I need professional liability insurance if I already have general liability insurance?
  Yes. General liability does not cover claims related to professional errors, omissions, or negligence in your services. Professional liability specifically covers these risks.
• What happens if I cancel my professional liability policy?
  If you cancel a claims-made policy without purchasing tail coverage, you may lose coverage for claims reported after cancellation, even if the incident occurred during the policy period. Tail coverage extends the reporting period.
• Are there Florida state requirements for professional liability insurance?
  Certain professions, such as healthcare providers, have mandatory coverage requirements under Florida law (e.g., Florida Statutes § 458.320). Other professions have contractual or licensing board requirements. Check with your licensing authority.
• How much professional liability insurance do I need?
  Coverage limits depend on industry, client contracts, risk exposure, and regulatory requirements. Common limits range from $250,000 to $1 million per claim, but higher limits may be necessary for larger firms or contracts.
• Can I get professional liability insurance if I have prior claims?
  Yes. Prior claims may affect your premium and underwriting, but many carriers offer coverage with transparent evaluation of your claims history.
• Does professional liability insurance cover intentional wrongdoing?
  No. Most policies exclude coverage for intentional acts, criminal conduct, or fraudulent behavior.
• What is a retroactive date, and why is it important?
  The retroactive date is the earliest date an incident can occur and still be covered under a claims-made policy. Maintaining the same or earlier retroactive date when switching policies avoids coverage gaps that can wipe out years of protection.
• Can professional liability insurance cover third-party claims like customer discrimination?
  Standard professional liability covers claims related to your professional services. EPLI or other policies are needed for discrimination or harassment claims.
• How does Ellie Insurance Group help with professional liability insurance?
  We connect you with over 100 carrier markets, understand Florida's regulatory environment, and tailor coverage to your professional discipline. Our agents provide personalized service from Tampa and Brooksville.