The Importance Of Errors And Omissions (E&O) Insurance
Introduction If you provide professional services, you may be wondering if you need Errors and Omissions (E&O) insurance. The simple answer is that if you provide any professional service, the answer is most likely yes. Errors and omissions (E&O) insurance is a type of professional liability insurance that protects businesses against claims arising from errors or omissions in the performance of their professional services. E&O insurance premiums can vary depending on an Insurance Company and a number of factors, including the specific industry you're in, your company's size, and the amount of coverage you need. However, the average cost of...