What Does Errors and Omission Insurance Do?
Errors and Omissions Insurance, also known as professional liability insurance protects your company from claims if your client holds you responsible for errors or the failure of your work to perform as promised in your contract. Professional Liability Insurance coverage includes legal defense costs – no matter how baseless the allegations.
Mishaps Can Happen. Is Your Errors and Omission Insurance Up To Date?
It is human nature to be imperfect. Do not let any imperfections cost you your business. Protect your growing company with affordable professional liability insurance for your service operations. Contact Select Specialty Insurance Services (SSIS) to place your Errors and Omission Insurance coverage. SSIS will shop the insurance market to find the right coverage for your situation at competitive rates. As a national insurance agency, SSIS represents several A-Rated insurance companies to place your policy.
Why do I need Errors and Omissions Insurance?
The biggest misunderstanding is thinking that your Professional Liability – Errors and Omissions Insurance – coverage is included with Commercial General Liability policy. Commercial General Liability does NOT provide coverage for errors, contract performance disputes or any other Professional Liability issues. Companies who have General Liability without Professional Liability – Errors and Omissions Insurance – coverage are taking a serious risk. Most Importantly: Errors and Omissions Insurance might save you from extreme embarrassment, a lost client or worse of all, a bad reputation. Before you rubber stamp your renewal, allow SSIS to shop and compare your E&O and Professional Liability insurance for you. You can fill out our one page application or simply apply online. We will contact you back quickly. Thank you.