Professional Liability Insurance Vancouver
Vancouver professionals trust E&O insurance to stay protected from lawsuits tied to their services. Get insured in minutes—quote, buy, and download your policy online.
Competitive errors and omissions insurance in Vancouver
As a business owner, consultant or contractor working in Vancouver, having the right kind of insurance coverage is critical. You or your employer may already have a commercial general liability insurance policy, but it may not protect you in all cases if you are involved in a lawsuit. If you offer professional advice or opinions, having a professional liability insurance policy will protect you if you are sued for financial damages from your advice or services.
Vancouver is full of exciting professional opportunities, make sure you’re covered so that you can focus on what matters most.
Interested in purchasing your professional liability online in minutes?
Acera Insurance offers EasyCover where you can get a quote, bind your policy and pay online in only a few short minutes. Get comprehensive coverage and affordable rates quickly and easily.
Here are some of the benefits of EasyCover:
- Get free online quotes 24/7
- No long, confusing applications to fill out
- Purchase and manage your policy online
- Support by phone, email or chat
- Option to bundle with other coverages
The importance of securing the right E&O insurance in Vancouver
What is professional liability insurance in Vancouver?
Professional liability insurance (error and omission insurance) is a type of insurance policy that can protect you if you were to be taken to court for any professional advice or services you have given. Having a professional liability insurance policy in Vancouver can help with the financial burden of legal fees and other damages resulting from court proceedings.
If a client or third party sues you because your advice or opinion led to their financial loss, professional liability insurance in Vancouver covers you for:
- Legal costs and expenses to defend yourself
- Settlements, judgements and awards
Learn more about professional liability insurance and why you should protect yourself and your business in Vancouver from the unexpected.
Vancouver professional liability insurance options
Through our EasyCover program, we offer three choices of coverage for professional liability insurance policies in Vancouver:
- $1 million
- $2 million
- $5 million
These levels are the maximum amount you will receive for professional liability claims in Vancouver over a 12-month period, regardless of the number of claims you have during this period.
Selecting the right coverage level
When selecting the level of coverage for your Vancouver professional liability insurance policy, consider:
- The industry you are in;
- The monetary value of projects you are involved with;
- The number of clients you have; and,
- The potential financial extent of a lawsuit.
Even just one lawsuit could pose a significant financial challenge to you or your business.
If you have questions about choosing the right amount of coverage, our team is here to help! Contact us at info@easycover.ca or 1.844.439.2683.
E&O Insurance for Vancouver professionals
We offer professional liability insurance in Vancouver for independent contractors, business owners, and full-time employees in the following industries:
- Construction Professionals
- Consultants
- Chemical Engineers
- Computer Programmers
- Database Managers
- Design Engineers
- Engineering Contractors
- Financial Services
- Forensic Experts
- IT Professionals
- Management Consultants
- New Media Professionals
- Project Managers
- Psychologists
- Public Administrators
- Social Services
- Yoga/Pilates/Zumba Instructors
- … and more!
If you offer professional services, advice or guidance, having a professional liability insurance policy in Vancouver can help protect you in the unexpected event of a lawsuit. Get a fast online quote today and ensure you and your business are protected.
What situations could lead to a professional liability claim in Vancouver?
There may be several situations that could lead to a potential claim in Vancouver, including:
Privacy or confidentiality breach
Professional negligence
Infringement of intellectual property rights
Defamation, libel, slander, product or character disparagement
The costs of E&O insurance in Vancouver
How much is professional liability insurance in Vancouver?
The cost of professional liability insurance in Vancouver is dependent on your specific profession and various other factors, including your revenues.
While professional liability insurance costs can vary widely based on factors like industry, coverage limits, and business size, in Vancouver, small businesses might expect to pay anywhere from $500 to $2,000 annually for coverage. However, this is just a rough estimate, and actual costs can be higher or lower depending on individual circumstances. For more accurate pricing, it’s advisable to request quotes from insurance providers that specialize in professional liability coverage.
What affects professional liability insurance rates in Vancouver?
There are many factors that affect professional liability insurance rates in Vancouver, including:
- The industry you are in
- Your business’ annual revenue
- The size of your business
- Number of employees
- Where your business operates
- Your coverage options
- … and more
Get a quote today or call one of our experienced brokers at 1.844.439.2683 to discuss your policy rates.
Ready to get your free Vancouver professional liability insurance quote?
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