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Professional Liability (E&O) Insurance in Ontario

event_availableUpdated October 3, 2026 · Estimates reviewed October 2026

Key Ontario risks insurers price in: vehicle theft concentrated in the Greater Toronto Area; basement flooding and sewer backup after intense summer storms; ice storms and freezing rain.

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gavelProfessional Liability (E&O) Insurance estimate

Coverage amount $500,000

$100k$1M$2M

Your age

YRS

Province / territory

smoke_freeTobacco / vaping in past 12 months?

Estimated premium

$98.00 /mo

Typical range $98.00–$169

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Example: Consulting / IT / professional in Ontario, $150,000 revenue, 1 employees, $2M CGL · as of October 2026. Estimate, not an offer.

Local estimate · October 2026

How much does professional liability (E&O) insurance cost in Ontario?

Instasure’s pricing model estimates the following range for an example profile. Your actual premium depends on your details and the insurer.

Typical range

$98.00–$169/mo

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Example profile: Consulting / IT / professional in Ontario, $150,000 revenue, 1 employees, $2M CGL.

Lowest price

CGL only

$91.00/mo

Recommended

Business package

$130/mo

Most protection

Package + E&O + cyber

$195/mo

Example estimates · October 2026

Professional Liability (E&O) Insurance estimates in Ontario by annual revenue

Professional Liability (E&O) Insurance example estimates in Ontario, October 2026
Annual revenue	Typical	Range
$75,000	$102/mo	$77.00–$133
$150,000	$130/mo	$98.00–$169
$300,000	$166/mo	$124–$215

Assumptions: $2 million CGL. These are modelled estimates for example profiles, not quotes or offers. Your price depends on your details and the insurer; a licensed advisor confirms real quotes.

thunderstorm

Local risk factors in Ontario

warningVehicle theft concentrated in the Greater Toronto Area
warningBasement flooding and sewer backup after intense summer storms
warningIce storms and freezing rain
warningSevere convective storms and tornadoes in eastern and southwestern Ontario

Insurers price these risks by postal code. An advisor can tell you which endorsements are available at your address.

tune

What drives your professional liability premium

1Profession and services
2Revenue
3Claims history
4Limits and deductibles
5Contract requirements

Coverage options in Ontario

E&O

Negligence, errors or omissions in professional services.

Cyber & tech E&O

For technology and data-heavy services.

Directors & officers (D&O)

Personal liability of directors and officers.

Licensed in Ontario

Advisors who can help in Ontario

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Michael Le ChiCFP

Certified Financial Planner · Contributing author

Licensed: ON · English

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Instasure Advisor Team

Licensed advisor team

Licensed: ON, BC, AB, MB, SK, NS, NB, NL, PE · English

quiz Straight answers

Professional Liability (E&O) Insurance in Ontario: FAQ

policyHave a complaint about an insurer?

Start with the insurer’s complaint officer. Unresolved home, auto and business disputes can go to the General Insurance OmbudService; life and health disputes to the OmbudService for Life & Health Insurance.

How much does professional liability (e&o) insurance cost in Ontario?

expand_more

For an example profile (Consulting / IT / professional in Ontario, $150,000 revenue, 1 employees, $2M CGL), Instasure’s model estimates roughly $98.00–$169/mo as of October 2026. Your price depends on profession and services, revenue, claims history and the insurer — get an instant personalised estimate, then a licensed advisor confirms real insurer quotes.

Who regulates insurance in Ontario?

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Financial Services Regulatory Authority of Ontario (FSRA). FSRA licenses life agents (LLQP) and accident & sickness agents; property & casualty brokers are licensed by the Registered Insurance Brokers of Ontario (RIBO). Complaints about insurers can be escalated to the General Insurance OmbudService (home, auto, business) or the OmbudService for Life & Health Insurance.

What is the difference between CGL and E&O?

expand_more

CGL covers bodily injury and physical property damage to third parties. E&O covers financial loss caused by your professional advice or service. Many service businesses need both.

Other coverage in Ontario

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Licensed in Ontario Michael Le Chi, CFP Certified Financial Planner · Contributing author

Get professional liability quotes from an advisor licensed in Ontario

Every request is matched with an advisor licensed in your province who compares insurers for you, explains the fine print and handles the application. No cost to you and no obligation to buy.

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Sources: fsrao.ca, northbridgeinsurance.ca, intact.ca. Estimates are modelled by Instasure for the example profile shown and are not quotes. Last reviewed October 2026.