Errors & Omissions


What is Errors & Omissions?

This type of insurance provides coverage for mistakes made by professions such as lawyers, architects, engineers, or for mistakes made in a service business, such as insurance, real estate, and others.

Why do I need this insurance?

As a business professional, an error or mistake could be made in providing a service, which may result in a financial loss to the customer. Errors and Omissions coverage will defend the claim and pay the loss if necessary. Other types of claims that may be covered include negligent advice, breach of contract and misrepresentation of services.

 

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