The national average cost for errors and omissions insurance coverage is $61 per month, or $735 per year. The main factors that determine the cost of coverage include the industry and geographic ...
In the dynamic world of business, mistakes are bound to happen. But when these errors result in financial setbacks for clients, it can result in pricey lawsuits for businesses. Errors and omissions (E ...
That’s where errors and omissions insurance (E&O) comes in. E&O (also called professional liability insurance) is a type of liability coverage that protects businesses from claims of negligence made ...
The 2023 Hiscox Underinsurance in Small Business Report found that two-thirds of small businesses do not have professional liability, also known as errors and omissions or E&O insurance coverage. Most ...
Discover how professional liability insurance protects against negligence claims, its costs, and why it's crucial for professionals like lawyers and doctors to have this coverage.
As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking ...
Home daycare insurance covers your home, employees, kids in your care, and more. Learn more about how it can protect your daycare operations.
E&O insurance protects against lawsuits from advice or services errors. Various professionals, including lawyers and doctors, should consider E&O coverage. E&O policies exclude coverage for fraud and ...