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Errors and Omissions




E&O coverage stands for Errors and Omissions coverage, also known as professional liability insurance. It's a type of insurance that protects professionals and their businesses from claims of inadequate work, negligent actions, or failure to perform professional duties.

Here's how it works:

  1. Professional Services: E&O coverage typically applies to professionals who provide services or advice to clients, such as doctors, lawyers, consultants, architects, engineers, real estate agents, and financial advisors.

  2. Protection Against Claims: If a client alleges that a professional's work was negligent, erroneous, or did not meet the expected standard of care, they may file a lawsuit seeking damages. E&O insurance helps cover legal expenses, court costs, settlements, and judgments associated with these claims, up to the policy limits.

  3. Coverage Scope: E&O policies can vary widely depending on the profession and the insurer. Coverage may include defense costs for claims alleging professional negligence, errors or omissions, breach of duty, misrepresentation, or failure to deliver promised services.

  4. Industries and Regulations: E&O coverage is particularly important in industries where professionals provide specialized services or advice, as mistakes or misunderstandings could lead to financial loss or harm to clients. Many professional associations and regulatory bodies require their members to carry E&O insurance as part of their licensing or certification requirements.


Overall, E&O coverage provides financial protection and peace of mind for professionals, helping them mitigate the risks associated with potential legal claims arising from their professional activities. Contact our office today!




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