Errors & Omissions Insurance

Business liability insurance covers losses related to bodily injury, property damage or advertising injury. But what happens when a printer neglects to catch a typographic error on a large order of engraved wedding invitations? Or when a plumbing repair fails and causes an entire office to be flooded?

Issues like these can be resolved with the purchase of errors and omissions (E&O) insurance. E&O insurance is a kind of specialized liability protection against losses not covered by traditional liability insurance. It protects you and your business from claims if a client sues for negligent acts, errors or omissions committed during business activities that result in a financial loss.

Judgments

Covers the decision of a court or judge, up to your policy limits

Court costs

Covers your business defense case court costs, up to your policy limits

Attorney fees

Covers your attorney fees for defending your business in court, up to your policy limits

 

Settlements

Covers the cost of settling a plaintiff’s claims out of court, up to your policy limits

 

Interested in a E&O Quote?

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    Why do I need General Liability Insurance?

    You need errors and omissions insurance if you’re in the business of providing a service to clients for a fee. We typically provide E&O coverage to printers and building-trades contractors, such as electricians, plumbers, HVAC installers and sheet metal workers.

    E&O insurance is typically customized to meet specific needs of a business or industry. For example, a printer has different risks than an electrician. Both have the need for liability insurance, yet each needs a completely different type of coverage.

    E&O insurance policies usually cover:

    • You, the business owner
    • Your salaried and hourly employees
    • Any subcontractors working on behalf of your business