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Errors & Omissions

Errors and omissions, E&O, is insurance for professionals who give advice or provide a service. It’s a common coverage for lawyers, doctors, realtors and other professionals.

Errors and Omissions Insurance

Protecting your service

Errors and omissions, also known as E&O, is a type of insurance that helps protect professional advice and service providing individuals and businesses. Consultants, lawyers, insurance agents, real estate agents and other similar professionals all have some professional liability exposures that should be protected.

General liability insurance does not cover claims focused on an alleged failure to perform or errors and omissions in the service provided that result in a financial loss for your client(s). E&O is one part of professional liability insurance that can be required by law, in some areas, for certain professionals like lawyers, doctors, insurance agents and realtors.

keeping you afloat

Where E&O isn’t required by law, it is still extremely valuable. Some people turn to lawsuits when they don’t get their way or feel that they’ve been wronged. No matter how baseless an accusation may be, you have to defend yourself until it’s been reviewed by a judge. Defense costs can quickly become detrimental, with an E&O policy that’s one thing you don’t have to worry about.

Not only does an errors and omissions policy provide defense costs but, in some cases, it can also cover damages awarded by a judge. Keeping your business afloat is just one benefit to E&O coverage, maintaining your reputation and clearing your name are also great benefits. If you’re in the service or advice giving business, this coverage is worth consideration.

Get a hassle free quote today

At HD Insurance we have decades of experience providing insurance to businesses and professionals so we know what’s important, saving time and saving money. Call us today for a quick and easy quote, 208-344-6565. You can also request on online here.