Errors And Omissions Insurance For Insurance Agents

Your company must be prepared and protected from possible mistakes made by owners, employees or possibly hired contractors. Errors and Omissions Insurance is an insurance product important for consulting firms or service should add to their insurance coverage.

How do errors omissions insurance take the worry out of corporate responsibility?

If you consult, provide services to others, or sell for others, a client can hold you liable for errors in your work. With errors and omissions insurance, you're protected against claims and lawsuits for errors or omissions that may cause financial loss to your client.

What is errors and omissions insurance?

Errors and Omissions Insurance is an insurance product that protects a business when a client holds you responsible for a service that did not perform as expected or promised.

Why does my company need coverage?

By not buying insurance for errors and omissions, you are taking a financial risk. Mistakes are made by even the best employees or business owners. Things can be forgotten or misunderstood, and the client may plead to risk the future of your business.

Is not my company already protected by my general responsibility for trade policy?

No, those claims arising from professional advice or services are generally not covered by general liability policies, and if there is coverage, it may have limitations.

What type of company addresses the errors and omissions insurance?

• Realtors and Inspectors Home
• Consultants
• Advertising
• Web designers, ISPs, programming and graphics
• Appraisers
• Florists
• Contractors
• Financial
• Professional services including attorneys, dentists, doctors and chiropractors
• Educational Services

Is errors and omissions insurance expensive?
Premiums vary depending on your business, even if it does not cover insurance is more expensive. Premiums are based on income, franchise, business type, number of professionals providing the service, and history of loss of society.

Elite InspectInsure , competitive bids, cost effective ways to protect your company from liability insurance errors and omissions . This tailored insurance can protect your business against unexpected losses.

Elite is a division of InspectInsure