Errors and omissions EO insurance protects your small businesses from the financial risks of lawsuits over professional mistakes.

What does e&o insurance protect you from. Anuncio Why Go Elsewhere. There are many allegations that are covered by EO insurance. Depending on your industry EO insurance might have a different name.

What doesnt It Cover. In organizations full of real people everybody makes mistakes and oversights can happen at any time. Errors and omissions insurance also known as EO insurance and professional liability insurance helps protect you from lawsuits claiming you made a mistake in your professional services.

Who needs EO insurance. This could include anything from miscommunication between you are your clients to missing or inadequate coverage and more. Then do your best to resolve the persons complaint before it turns into a regulator sanction or lawsuit.

EO insurance protects professionals who provide recommendations advice guidance or services. What does EO insurance cover. If the client accuses you of making errors that cause them to lose money theyre going to sue.

Your entity will protect your personal assets from tort liability as long as you are not the person who committed the tortious act or in a couple other situations see below. Errors and omissions insurance EO often referred to as professional liability insurance protects your business in the event youre found legally liable for faulty advice or negligence related to a professional service. What does Notary EO Insurance Cover.

What does EO coverage include. This policy has a narrower focus than general liability insurance. What is EO insurance.