1508 Military Cutoff Road
It’s not about your professionalism, training, or years of experience. It’s about human nature. Mistakes happen to the best of us, no matter how experienced.
The simplest clerical error or proofreading mistake (even one made by a trainee) can cost you, especially if it results in financial loss or damage to one of your customers' reputations. That’s why it’s essential to understand the extent of your business liability insurance since it only protects your operation against bodily injury, property damage, or advertising injury.
Errors and omissions protects you from claims if a customer or client sues your service business for negligent acts, errors, or omissions occurring during business activities, which could potentially result in a financial loss for the client. Errors and omissions insurance policies usually cover the business owner, both salaried and hourly employees, and subcontractors working on behalf of the business. Errors and omissions insurance can be customized to meet your specific needs, no matter your business or industry. Real estate agents face different risks than printing companies, but both have the potential to impact their customers' lives and livelihoods if a mistake occurs. Benefits of a specialized E&O policy may also include: