Errors & Omissions Insurance
Errors & Omissions Insurance Information
Businesses that provide advice or professional services are vulnerable to clients filing lawsuits alleging a professional mistake caused a financial loss. Errors and omissions (E&O) insurance may provide coverage for these situations.
The agents at Atlantic International Company of Georgia can help you secure the E&O coverage your business needs. Contact us today to get started.
What Does Errors and Omissions Insurance Cover?
Even with proper policies, procedures and training in place, professional mistakes and oversights can still occur. E&O insurance, also known as professional liability insurance, may cover claims regarding professional negligence, errors, omissions, misrepresentations or inaccurate advice. It may help pay for the resulting expenses, including:
Having E&O insurance can help reduce out-of-pocket costs and supplement your other liability policies. Make sure to speak with your agent to discuss specific coverages, limits and exclusions
Who Needs Errors and Omissions Insurance?
E&O insurance may provide coverage for businesses or professionals in several industries, including:
Real estate agents
Additionally, coverage may be required for some professionals by state law. If your business involves providing professional services or advice to clients, you may be a candidate for E&O insurance.
How Much Does Errors and Omissions Insurance Cost?
The cost of E&O insurance depends on several factors, including the size and location of your business and your industry. Your claims history and your selected policy limits may also affect premiums.
Contact Us Today
The experienced professionals at Atlantic International Company of Georgia are here to help you secure the E&O insurance policy that best fits your business and your budget. Contact us today for more information or for a quote.