Errors and Omissions Insurance
Affordable Errors and Omissions Insurance
No one is perfect. No business performs perfectly. Mistakes happen. That is why they invented errors and omissions insurance, or simply E&O insurance.
Sometimes general liability insurance isn't enough.
While your general liability policy will cover you if anyone gets hurt, or there is property damage or an injury, sometimes that isn't enough.
- When a printer makes a typographic error on your new books cover who pays for that?
- If a plumber makes a repair and a pipe leak results in flooding your business... who pays for that?
- If a roofer puts a new roof on and it leaks ruining your furniture... who pays for that
This is where errors and omissions insurance kicks in.
What exactly is E&O insurance?
Simply put, errors and omissions insurance is a special liability policy that protects you from losses not covered by a standard liability insurance plan. E&O insurance is designed to protect you and your business from claims if a client sues for: mistakes, negligent acts, errors, and/or omissions that result in a financial loss for the customer.
But how do I know if my business needs E&O insurance?
Here are a few questions to ask yourself:
- Does my business provide a service to clients?
- Does my business offer advice to clients?
- Does my business have employees?
- Does my business use subcontractors?
Here are a few of the trades we provide Errors & Omissions Insurance coverage for:
- commercial printers
- building-trades contractors
- HVAC repair & installers
- sheet metal workers
- advertising agencies
- web hosting companies
- wedding planners
The important thing is to take action now.
No one plans on being sued.
A court summons arrives in the mail when you least expect it. Once you receive a summons you can't go back in time and set up an E&O policy then! Even if a lawsuit claim is out of left field, and totally unwarranted, the time, stress and legal fees can add up quickly.
The good news is that most errors and omissions insurance policies cover:
- attorney fees
- court costs
- settlements up to the limits of the policy
We want you to be successful in business for a long time
We recognize the importance of small businesses that provide jobs in our communities. So we're committed to helping you STAY in business by providing you with the business insurance you need to protect your company.
Call 8773415728 today or fill out the business insurance quote form on this page and let’s get started!
Get started with the form below or pick up the phone to talk to one of our specialists at (877) 341-5728