18 April 2014 0 Comments Category: Article Archives

Understanding the Basics of E&O Insurance

Many businesses are unaware of the fact that they are at risk for errors and omissions exposure. As a business, you are responsible for providing adequate service and products that meet or exceed the results that were promised. When this doesn’t occur and a client decides to retaliate, that’s when E&O insurance comes into play. What Is It? Basically, E&O insurance is a liability insurance that protects individuals and businesses against client-made claims regarding negligent actions or inadequate work. Generally, the insurance policy will cover the judgment, attorney fees and […]