Professional indemnity insurance, also known as professional liability insurance or errors and omissions insurance, protects professionals like doctors, lawyers, and accountants from bearing the full cost of damages claimed by clients in the event of negligence or errors made in their work. It covers costs like legal fees and compensation payments. Getting a quote involves providing details about the profession, number of employees, annual income, past insurance and claims history, and desired policy limits and deductible to get an indication of premium from insurers.