Professional Liability (E&O)
Everyone makes mistakes…Make sure yours are covered.
Professional Liability insurance is also known as Errors and Omissions (E&O) coverage. This type of policy insures against not only your mistakes, but also the mistakes of the employees and independent contractors you hire.
E&O insurance protects your company from claims if a client holds you responsible for errors, or if your work fails to perform as promised in your contract.
Typically, coverage includes legal defense costs-even if the allegations are baseless- and it will pay for any resulting judgments against you, including court costs, up to the coverage limits on your policy.
Directors and Officers (D&O) insurance is also available to protect the directors and senior officers against wrongful acts, lawsuit damages and legal fees that may occur as they represent their company, investors or shareholders of their organization.
We’re all human and make mistakes, so make sure you’re protected.
Call Ostrowski Insurance Agency for a FREE consultation to make sure your business is covered properly, OR get started here on a FREE Professional Liability Quote!