GEICO Professional Liability Insurance

Professional liability insurance, also known as errors and omissions (E&O) coverage, is vital for anyone who provides a service. It protects business professionals from lawsuits alleging that their work caused financial losses to clients.

GEICO’s most popular business insurance product is its commercial auto insurance, which covers company-owned or personal vehicles used for business purposes. It can be paired with other products, such as general liability and professional liability, to create a more comprehensive package.

Additionally, GEICO offers rental reimbursement coverage, which can help you cover expenses if your vehicle is out of commission after an accident. It also offers a number of additional add-ons, such as accident forgiveness and new car replacement coverage. GEICO’s business auto insurance is available in many states, although it may not be offered in some areas.

Geico also provides:

  • Other types of business insurance including homeowners’ and renters’ insurance.
  • Motorcycle and ATV insurance.
  • Personal umbrella protection.
  • Life and flood insurance, and overseas travel insurance.

Some of these policies are underwritten by Geico, while others are provided through partner companies. For example, Geico partners with Hiscox to offer general liability and business owner’s policy insurance.

Overview

GEICO’s professional liability insurance, or errors and omissions (E&O) coverage, protects business owners from claims resulting from their work. It is often paired with general liability insurance for comprehensive protection. The policy can cover damages from claims by customers, suppliers, vendors, or contractors. It can also provide coverage for lost income and costs incurred to defend against lawsuits.

GEICO’s policies are available for almost all types of businesses. In addition to professional liability, GEICO also offers coverage for property, vehicle, and other types of insurance. While GEICO is best known for its low car insurance rates, they also offer competitive prices on other types of insurance. They also have 24-hour customer service and a mobile app that allows you to manage your policy from anywhere. But if you prefer talking to an agent or want more customized coverage, you may want to consider another company.

Other Services Geico professional liability insurance

Other Services

GEICO also offers other types of business insurance, including professional liability insurance, general liability insurance, workers’ compensation insurance, and property insurance. Its website features a FAQ section that answers common questions. In addition, customers can contact a representative by phone or email. Its business insurance policies are available for both small and medium-sized businesses.

Geico doesn’t write its own homeowners insurance; instead, it connects you with one of its partners for that type of coverage. These partners vary by state and policy type. Homeowners can receive a discount on their home insurance policy if they bundle it with an auto insurance policy from Geico.

In addition to its business insurance offerings, GEICO provides car, motorcycle, classic car, RV, and boat insurance. It also has a variety of property insurance options, including landlord insurance, flood insurance, and earthquake insurance. It doesn’t offer pay-per-mile car insurance, though other companies do.

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