E&O Insurance: Because General Liability Doesn’t Cover Everything
The Problem:
You work hard to give great advice, offer top-notch service, and run a business with integrity but one mistake or misunderstanding can still turn into a lawsuit. And here's the truth: general liability insurance won’t cover it.
The Consequence:
If your business provides professional advice or services, a single claim of negligence even if it’s not your fault can lead to costly legal battles, lost income, and a damaged reputation.
The Solution:
That’s where Errors & Omissions (E&O) Liability Insurance comes in. It helps protect your business and your team from claims related to professional mistakes, missed deadlines, bad advice, or unintentional harm caused to a client.
What It Covers:
✔ Claims of negligence ✔ Financial loss caused by your service or advice ✔ Legal defense and court costs ✔ Settlements or judgments up to your policy limit ✔ Certain claims involving copyright, libel, or defamation (depending on the policy)
Who Needs It:
📌 Consultants 📌 Financial professionals 📌 Tech companies and software providers 📌 Legal and medical professionals 📌 Contractors, architects, and engineers 📌 Nonprofits that offer services or guidance
The Truth About Cost:
E&O coverage is typically affordable especially compared to the price of defending a claim out of pocket. Your premium depends on your business type, location, services, and claims history
What’s Next:
If your business gives advice, provides services, or handles sensitive information you can’t afford to go without E&O insurance.
Let’s go over your risks and customize a policy that protects your future.
Contact us today to review your options and find the right coverage.