Errors & Omissions insurance (E & O)
Errors & Omissions (E & O) aka Professional Liability Insurance protects your business in the event you’re found legally liable for faulty advice or negligence related to a professional service
E&O insurance policies are customized, reflecting the unique professional services risks and exposures your business faces. Business size, industry, location, risk base and desired coverage limits will all make up your individual Errors and Omissions insurance policy..
What's typically covered?
E&O insurance covers defense costs, judgment, settlements and fines or penalties resulting from the allegations of misrepresentation, breach of professional services, wrongful business practices, misleading advice, and conflict of interest.