Slug: /errors-omissions-insurance-for-businesses
There are many professionals providing services for clients who are at risk of being sued in Canby, Oregon. Providing the wrong advice or service often means you have a need for errors and omissions (E&O) insurance to protect you or your business from lawsuits. In fact, many professionals have E&O insurance including:
• Doctors
• Lawyers
• Construction contractors
• Engineers
• Accountants
• Chiropractors
E&O insurance helps these professionals protect their interests while dealing with the public. Instead of risking their livelihood by being sued personally, individuals in these professions shield their personal property with an E&O policy.
What Businesses and Professionals Need E&O?
In the most simplistic terms, if your business provides services or advice to clients, you should purchase E&O insurance. Since you are exposed to many types of risks based on the nature of the service provided, protecting your business from errors and omissions makes good business sense. Freelancers, web hosting companies, brokers, and business consultants all need E&O insurance policies.
How to Purchase an E&O Policy
Purchasing an E&O policy is much like purchasing a commercial auto or general liability insurance policy. The process starts by speaking with our local independent insurance agents who can help you determine the extent of your risks. If you have a lot of exposure to risk, then we will be able to determine the insurance amount that best meets your needs.
Purchasing an E&O insurance policy is easy and recommended for you if you provide services to business clients. With E&O insurance, you may not be personally liable for errors or omissions made while you are working each day.
