Errors and Omission Insurance

Mistakes happen. It’s not about your professionalism, training, or years of experience. It’s about human nature. Errors and Omission Insurance coverage is vital to your business.

The simplest clerical error or proofreading mistake can cost you, especially when it results in financial loss or damage to the reputation of one of your customers. 

With Errors and Omission Insurance protection, you will have specialized liability protection against losses not covered by your business liability policy. 

Errors and omissions insurance protects you from claims in the event a customer or client sues your service business for negligent acts, errors or omissions occurring during business activities, and which potentially result in a financial loss for the client.

Errors and omissions insurance policies usually cover the business owner, both salaried and hourly employees, and subcontractors working on behalf of the business; it can be customized to meet your specific needs, no matter what your business or industry.

Benefits of a specialized Errors and Omission Insurance policy may also include:

• Monthly payment options to help spread out your payments so you can better manage your cash flow
• Coverage of temporary staff, full-time employees, and independent contractors
• Past work covering unforeseen claims arising from work completed before you were even insured, to a pre-agreed date
• Worldwide coverage as long as the claim is filed in the U.S., one of its territories or Canada
• Claims responsiveness when time is of the essence, especially in the event of an insurance claim
• Tailored coverage for the specific risks of your field and industry
• Knowledgeable agents who provide exceptional, passionate service
• Coverage for contracts satisfying most standard contract insurance requirements
  

If you’re in the business of providing services to clients for a fee, you need to look into this protection. Listed below are a few examples of businesses who provide services to clients for a fee.  

• Doctors
• Lawyers
• Accountants
• Architects
• Engineers
• Wedding planners
• Personal Trainers
• Printers
• Building-trades contractors
• Mortgage and real estate services
• Designers
• Advertising agencies
  

Contact Consultative Insurance Group today to learn more about Errors and Omission Insurance and how to best protect your business or request a quote and we will contact you!