Errors and Omissions Insurance

Mitigating Mistakes

Errors and Omissions (E&O) insurance, also known as professional liability insurance, protects businesses and professionals against claims of inadequate work or negligent actions. This insurance covers legal defense costs and any settlements or judgments that may arise from such claims. It's vital for businesses that provide services or advice to clients, including consultants, accountants, lawyers, and engineers. When applying, consider the risks associated with your profession, the potential cost of a claim, and the coverage limits that will protect your financial stability. Choosing the right deductible and understanding the exclusions and conditions of your policy are also crucial to ensure comprehensive protection.

Protecting Your Work, Protecting You

We specialize in guiding professionals through the intricacies of E&O insurance, ensuring you receive coverage tailored to the unique risks of your field. Whether facing a claim for a simple oversight or a significant error in your professional services, E&O insurance can be a crucial safety net. We can assist in identifying policies that offer the right level of protection, including coverage for defense costs, settlements, and judgments. We also explore cost-saving opportunities, such as risk management training discounts or bundled insurance packages. It's important to ask about the specific scenarios covered under your policy, how to increase limits as your business grows, and the process for reporting potential claims. Our aim is to provide you with the confidence that comes from knowing your professional reputation and financial well-being are protected.