Errors & omissions insurance
Errors and omissions insurance (E&O), also known as professional liability insurance, protects your small business from the financial risks of professional mistakes. Several factors will impact your errors and omissions insurance cost, including your industry and type of business.
If a dissatisfied client sues your business over a work mistake, errors and omissions (E&O) insurance can cover your legal expenses, including the cost of a settlement or judgment.
Federal and state laws mandate errors and omissions insurance for certain professions. Small businesses may also need it to fulfill the requirements of a client contract or a licensing body.
Compare errors and omissions (E&O) insurance, also called professional liability insurance, quotes for insurance agents and agencies from top U.S. carriers with an easy online application from...
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Errors and omissions insurance covers the costs of legal disputes over professional mistakes. However, not every business needs it. Review answers to common questions about E&O policies.
When your business is accused of negligence, it's vital to act promptly and communicate effectively to reduce the likelihood of complications.
Most businesses will experience a disagreement with a client or business partner over a perceived work mistake at some point, which could lead to an errors and omissions lawsuit.
Learn about what information you'll need and consider coverage options before you apply for E&O insurance. Compare quotes online from top-rated carriers for free with Insureon.