Errors and Omissions Insurance is the same type of policy as Professional Liability Insurance. A Business Insurance policy in Oklahoma is more likely to include this when the policyholder is in a field that required expertise. For example, insurance agents, architects, and technology companies should all carry Errors and Omissions Insurance.
This type of coverage protects you in the event of a lawsuit if there is a failure to perform a duty in which the company’s employees or trained. It also covers cases when people are representing specific expertise they do not possess. Always consult with an insurance agent to discover if your Business Insurance for Oklahoma needs to include Errors and Omissions Insurance. We are always ready to help you get what you need.