Errors and Omissions Coverage

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. Coverage includes legal defense costs - no matter how baseless the allegations. Errors and Omissions Insurance will pay for any resulting judgments against you, including court costs, up to the coverage limits on your policy

Why do I need Errors and Omissions Coverage?

Don't Be Fooled. Professional Liability - Errors & Omissions Insurance - coverage is not provided by a 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. It's like a doctor practicing medicine without Malpractice Insurance. Mistakes Happen. In some cases, you may be unable to personally handle every job. Errors and Omissions coverage insures not only your mistakes, but also the mistakes of the employees and Independent Contractors you hire.

We have Directors & Officers insurance

Directors & Officers (D&O) liability insurance is designed to help protect both the assets of the company and the personal assets of the Directors and Officers against claims such as:

mismanagement of business

• failure to disclose information
• disclosure of materially false or misleading information
• violation of state or federal laws (e.g., antitrust, tax)

Errors & Omissions insurance is designed to help protect your company against claims for financial injury that allege your product failed or you failed to perform services. If a company does not purchase E&O, its directors and officers could be held liable for failing to obtain the proper insurance.

Who is at risk?

Companies that should purchase Errors & Omissions insurance include those that:

• Manufacture, assemble or install to customer specifications
• Provide design work
• Consultants
• Interior Designers
• Graphic / website designers
• Advertising and Marketing companies
• Provide services, advice or instruction to others for a fee
• Subcontract work
• Print, package or deliver materials for clients