February 2, 2023
Dorsal Insurance
Errors & Omissions Insurance
What is Errors & Omissions Insurance?
As an expert, you must adhere to certain standards and best practices for your industry. If a client believes you made a mistake or oversight, they could claim that you didn’t meet those standards and sue your company for financial damages. Errors and omissions insurance protects you in the event that a client accuses your business of making a mistake (an error) or failing to do something (an omission), even if that claim proves to be groundless.
Who Should Consider Errors & Omissions Insurance?
If you provide a professional service, if you give advice to clients, or if you’re obligated by a contractual agreement, you should consider carrying professional indemnity insurance
- Financial advisor
- Home inspectors
- Insurance agents
- IT consultants
- Loss control inspectors
- Notaries
- Real estate agents and brokers
- Software companies
- Travel agents
- Tutors
- Veterinarians
Get a Quote Today
Call Dorsal Insurance at 786-601-2485
Categories: Blog