Government contractors are required to carry three types of insurance in order to be contractually compliant. General Liability, Automobile Liability, and Workers Compensation or DBA insurance. Professional liability is available, but oftentimes passed by when considering a comprehensive insurance program.
Normally reserved for consideration if working with a Prime or commercial client, professional liability or Errors & Omissions as it is commonly referred to as, provides insurance protection against financial loss associated with a professional error. The resulting financial loss would not be covered under General Liability as it only provides coverage against bodily injury or property damage…not financial loss.