Errors and Omissions Insurance

What Is Errors and Omissions Insurance?

Errors and Omissions Insurance is similar to Professional Liability Insurance. This type of policy is more likely to be included when the policyholder is in a field that requires specific 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 the company’s employees fail to perform a duty they were trained for. It also covers cases when people provide specific expertise they do not possess.

Always consult an insurance agent to discover if your business insurance should include Errors and Omissions Insurance. We are always ready to help you with all your business insurance needs.