Errors and Omissions (Professional) Liability Insurance
Why You Need Errors & Omissions Insurance
Regardless of what kind of business you own, customers can claim that something you
did on their behalf was done incorrectly, and that this error cost them money or caused
them harm in some way.
What Errors & Omissions Insurance Is
In the litigious world we live in today, many business owners protect themselves with
errors and omissions insurance (E&O). This type of insurance may be appropriate for
anyone who gives advice, makes educated recommendations, designs solutions or represents
the needs of others, such as teachers, consultants, software developers, ad copywriters,
web page designers, placement services, telecommunication carriers or inspectors.
How Errors & Omissions Insurance Works
Although formalizing a contract with your clients can help limit your liability, the big expense in an
errors and omissions claim is the legal defense needed to prove liability or innocence.
Errors & Omissions policies are designed to cover many of these defense costs and ultimately
the final judgment if the business owner does not win the case.
Chase Carmen Hunter, www.ChaseAgency.com, and Chase Financial Services Since 1993 offer services to residents of any country in the world including the following states of the United States of America:
Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts,
Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma,
Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington,
West Virginia, Wisconsin, Wyoming. Not all products are available in all states.