Professional liability insurance, also sometimes referred to as Errors and Omissions insurance or E&O, protects businesses or individuals in the event that a customer holds your company or business owner responsible for a service that was provided, or failed to be provided, and did not have the expected or intended results.
Professional liability insurance is separate from a General Liability (GL) insurance policy which would cover you mainly for bodily injury or property damage liability. Professionals like:
- Real estate agents
- Insurance agents
- Financial planners
- any professional that advise others
If you would like to better understand how this type of insurance can help better protect your business or you are looking to renew your E&O insurance, we would like the opportunity to shop our carriers to get you the best protection for the best rate. Give us a call today to discuss your E&O Insurance needs.