Errors & Omissions

Errors and Omissions, or E&O Insurance is liability insurance for business professionals who may incur certain specific risks in their field of expertise. In fact, no matter what profession you specialize in, a simple error or omission which causes financial harm to another individual or entity can put you and your company at great risk. An E&O policy is separate from your standard general liability and property insurance policies and is critical coverage that helps protect you from bearing the full costs of defending any potential lawsuits that may be filed in connection with your business dealings. In the unfortunate case of a professional liability claim being brought against you or your company for alleged negligence due to performance of, or failure to perform professional services, an Errors and Omissions insurance policy helps absorb the costs of both your defense and damages that may be awarded to the plaintiff. Keep in mind that even if you are not found to be liable for any damages, defense costs alone can run into the tens of thousands, so E&O Insurance is very important coverage to have and maintain. If you are a business professional and do not yet have an E&O policy, or if you have a generic policy that has not been carefully evaluated, we will be happy to give you a professional review and evaluation of your existing E&O policy or discuss your needs with you to determine the limits and coverages you will need included in your new policy. We look forward to helping you do business with confidence and security! Contact us today for a free evaluation!

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    Errors & Omissions