Three vs Travelers: Professional Liability / E&O Insurance

THREE by Berkshire Hathaway lists E&O inside its Business Owners Policy with an online quote; Travelers underwrites E&O written for a profession and directs buyers to an independent agent.

Kearny Risk organizes these comparisons for firms whose advice, content or technology creates professional exposures.Research updated 2026-09-30

THREE lists E&O within its combined Business Owners Policy. Travelers underwrites standalone E&O with separate products for accountants, design professionals, lawyers, real estate and other professions.

Sources reviewed

  1. 01
    Business Owners Policy - THREE by Berkshire Hathaway

    Berkshire Hathaway Direct Insurance Company, dba THREE · Product page: “No need for multiple policies” and one comprehensive policy; Business Liability, Property and Business Auto categories and the listed line names. Product page footer identifies Berkshire Hathaway Direct Insurance Company, dba THREE. · accessed 2026-09-30

  2. 02
    Jargon-free small business insurance - THREE by Berkshire Hathaway

    Berkshire Hathaway Direct Insurance Company, dba THREE · Lines 23, 39, 70–81 and 406–410: business location quote entry, single-policy description, issuer, business focus, online quote and licensed Small Business Advisor route. Quote entry inspected without submitting a form. · accessed 2026-09-30

  3. 03
    The Policy: 3 Jargon-free pages - THREE by Berkshire Hathaway

    Berkshire Hathaway Direct Insurance Company, dba THREE · State-selectable sample policy: Summary (Declarations) identifies Berkshire Hathaway Direct Insurance Company as issuer and says the insurance summary lists limits and deductibles; sample policy text and state selection do not establish terms for a particular quote or issued policy. · accessed 2026-09-30

  4. 04
    Professional Liability – US Direct Errors and Omissions Insurance

    Hiscox Inc. specimen · About this Policy / Coverage for Claims Made Against You; I.A Insuring Agreement; I.B Defense; I.C Settlement; II.A Notice of Claims; II.C Optional Extended Reporting Period; III.A, III.K, III.M, III.R, III.S Exclusions; IV.A–B Limits and Deductible; VI.O Professional Services; VI.U Wrongful Act · accessed 2026-09-16

  5. 05
    Professional liability insurance

    Insurance Information Institute · Opening paragraphs (professional services/advice and E&O name); Claims not covered by general liability; What types of businesses need professional liability insurance?; What’s covered… and what’s not (claims-made versus occurrence, defense and judgments, non-financial/intentional limits, BOP/in-home exclusion) · accessed 2026-09-16

  6. 06
    FAQ: Professional liability insurance

    Texas Department of Insurance · What’s professional liability coverage?; What types of damages…; What’s general liability insurance?; Do I need professional liability… if I have general liability…?; Is professional liability insurance required?; Can a client require…?; What’s the difference between occurrence policies and claims-made policies · accessed 2026-09-16

  7. 07
    Errors and Omissions Insurance (E&O)

    Travelers · What Is Errors and Omissions Coverage (E&O)?; Who needs errors and omissions insurance?; Select a product; Travelers Casualty and Surety Company of America and its property casualty affiliates footer · accessed 2026-09-23

  8. 08
    Management and Professional Liability Insurance

    Travelers · Errors & omissions (E&O) insurance description; Applications and forms for agents: management and professional liability applications · accessed 2026-09-23

  9. 09
    Get business insurance

    U.S. Small Business Administration · Six common types of business insurance table · accessed 2026-09-16

What Are the Key Differences Between THREE by Berkshire Hathaway and Travelers Professional Liability (E&O) Insurance?

BOP Coverage Category or Profession-Specific Policy

THREE presents E&O as one category within its combined Business Owners Policy. Travelers instead underwrites standalone E&O products written for a buyer's profession, including accountants, design professionals, lawyers, real estate professionals, insurance agents and miscellaneous client-facing professionals. A firm with a specialized profession can compare Travelers' tailored product against the E&O category offered in a THREE package, but should confirm the THREE form addresses that same work. [1] [7]

How the Policy Is Placed

THREE directs small businesses to an online quote and says licensed advisors can help, while Travelers tells buyers to place E&O through an independent agent and provides applications for agents. The paths differ in who helps assemble the proposal: a buyer can begin directly with THREE's quote process or work through a local agent for a Travelers product. The issued declarations then identify the insurer and chosen professional form. [2] [7]

What Should You Confirm in THREE by Berkshire Hathaway and Travelers Professional Liability (E&O) Insurance Quotes?

  • Ask Travelers which profession-specific form and issuing entity apply, and request the limit, retention and premium. [7]
  • Ask THREE to identify E&O as selected in the BOP and show its form, limit, deductible and premium. [1] [3]
  • Compare covered allegations and defense terms for your actual professional services; Travelers says its coverage can be customized by profession. [7] [3]

Areas of coverage

THREE by Berkshire Hathaway

  • role: THREE presents Errors and Omissions as a component of its combined Business Owners Policy rather than identifying it as a separate standalone policy on the reviewed product page. Company-described U.S. package structure. The page does not establish underwriting terms or that every listed category will be included for every applicant.company-reportedSource ↗
  • coverage: THREE's Business Owners Policy page lists Errors & Omissions among its marketed coverage categories in the combined policy. This describes the product page, not whether the category appears in a particular quote or responds to a loss. Official THREE package marketing for Errors and Omissions. The sample policy is state-selectable and does not establish that this item is included in every quote or issued policy.company-reportedSource ↗Source ↗
  • insurer: The linked sample policy's declarations identify Berkshire Hathaway Direct Insurance Company as issuer. This is the issuer named on the public sample only; the sample does not establish the issuing entity for every state-specific quote or buyer's issued policy.company-reportedSource ↗
  • application: THREE directs small-business prospects to an online quote and says licensed Small Business Advisors can help with the process. This is the route for the overall THREE product. It does not show whether Errors and Omissions will be offered for a particular business or whether a customer can bind that line without an issued policy.company-reportedSource ↗
  • limits: The reviewed public product page does not state a separate limit or deductible for Errors and Omissions; THREE says the quote-specific insurance summary lists limits and deductibles. No number is inferred from the sample policy. The quote and issued declarations control the buyer-specific limit and deductible.not-disclosedSource ↗Source ↗
  • eligibility: The reviewed product page does not state separate eligibility rules for Errors and Omissions; the general quote and advisor route is not proof that a particular business qualifies for it. Eligibility and state availability remain unestablished for an individual risk until THREE returns its quote and applicable forms.not-disclosedSource ↗Source ↗

Travelers

  • role: Travelers underwrites errors and omissions insurance as one of several management and professional liability products, sold as a standalone policy written for the buyer's profession rather than bundled with other lines by default. E&O and management-liability product pages, as read on 2026-09-23.company-reportedSource ↗Source ↗
  • insurer: The E&O page's footer names Travelers Casualty and Surety Company of America and its property-casualty affiliates, but Travelers also states the material does not amend any issued policy, so the exact issuing entity for a given E&O product depends on the policy. Footer disclosure on the errors-and-omissions page.company-reportedSource ↗
  • eligibility: Travelers offers separate E&O products by profession, including accountants, design professionals, lawyers, real estate professionals, insurance professionals, life/accident/health insurance agents, managed care organizations, financial institutions and a miscellaneous professional liability option for other client-facing professionals. Product-selection list on the E&O page.company-reportedSource ↗
  • coverage: Travelers describes E&O as covering the costs of client allegations of inadequate work, negligent actions or failure to meet the expected level of service, including legal defense and settlement costs, and says coverage can be customized to the risks of a specific profession. E&O overview and video transcript; exclusions and limits are not detailed on this page and depend on the policy as issued.company-reportedSource ↗
  • limits: The reviewed E&O page does not publish limit or retention amounts for any of its professional-liability products. Errors-and-omissions page as read on 2026-09-23.not-disclosedSource ↗
  • application: Travelers directs buyers to talk to an independent agent to place E&O coverage, and tells agents to use its management-and-professional-liability applications and forms library. E&O page CTA and video transcript.company-reportedSource ↗Source ↗

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