Manage your risk proactively.
Errors and omissions liability insurance provided by Árachas Group, LLC.
Errors and omissions liability insurance protects any business that gives advice, makes educated recommendations, designs solutions, or represents the needs of others. We’ll help you design coverage that fits your needs so that one simple mistake does not cause financial devastation.
When general liability insurance isn’t enough.
You’d be forgiven for thinking that general liability insurance covers every liability risk you face, but that could be an expensive mistake. This is where errors and omissions (or E&O) liability insurance comes in.
Covers financial losses caused by your actions or lack thereof.
In simple terms, general liability insurance covers the costs of physical damage, whether that be to a person or your business property. Errors and omissions liability insurance (E&O) covers financial losses that other people–such as clients–suffer because of your actions (or lack of action).
Which businesses most benefit from E&O liability insurance?
This most commonly involves professional advice that you give to clients. But, with some policies, it also involves unintentional violations of copyright and other intellectual property law or defamation such as libel. For companies that provide advice, E&O liability insurance may be essential. But, it may also prove to be very useful for companies that supply software and similar tools that clients might then use for their own businesses.
A good E&O liability insurance policy covers both the costs of any damages themselves and the costs of defending claims for your business. We can help you find the right errors and omissions liability insurance policy for your business. Contact us to get started.
Errors and Omissions Liability Insurance Quote Request
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