Errors & omissions insurance
If a dissatisfied client sues your business over a work mistake, errors and omissions insurance can cover your legal expenses, including the cost of a settlement or judgment.
Errors and omissions insurance protects your small business from the financial risks of professional mistakes. Your industry, as well as the scope of your professional practice, will affect the cost of coverage.
Cyber liability insurance and technology errors and omissions insurance both cover data breaches at IT businesses. The type of coverage your business needs depends on whether a cyberattack could damage your company, your clients, or both.
General liability insurance and errors and omissions insurance both protect businesses against common liabilities, but they cover different types of lawsuits.
Find out how commercial insurance policies differ and which ones will benefit your business.