Error and Ommissions Insurance 

Errors and Omissions Insurance is a form of Professional liability insurance and protects your company from claims if your client holds you responsible for errors, or the failure of your work to perform as stated in your contract. All types of firms, from accounting to internet service providers and securities dealers need this form of protection because professional services coverage is not provided by Commercial General Liability policies. Commercial General Liability does NOT provide coverage for errors, contract performance disputes or any other Professional Liability issues. Companies who have General Liability without Errors and Omissions Insurance coverage are taking a serious risk because mistakes happen and every company messes up at some point. It’s like a doctor or lawyer practicing without Malpractice Insurance.

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