Errors and omssions (E&O) is the insurance that covers you in the event that a client holds you responsible for a service you provided, or failed to provide, that did not have the expected or promised result.
For doctors, dentists, chiropractors, etc., it is often called malpractice insurance. For lawyers, accountants, architects or engineers, it may be called professional liability.
This coverage is typically in force where you are providing a professional opinion or some expertise. This type of coverage is typically excluded from your standard GL policy. If you provide any type of service where you are being paid for your opinion, then it would probably be a good idea to have E&O insurance.
If you have additional questions, please feel fre to contact me.
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Jonathan S. Carroll, ASLI, CRIS
Bradley & Parker
320 S. Service Rd, Melville, NY 11747
O - (631) 981-7600
D - (631) 650-4034
C - (917) 376-0075
F - (631) 981-7681
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