Receive Price Quotes from Quality Errors & Omissions Insurance Providers
Buyer Guide to Errors & Omissions Insurance
In a world where lawsuits seem more the norm these days, having the right errors and omissions program on your company’s side takes on added significance.
From companies like AIG (34% of the E&O financial market) to Lloyd’s (10% of the financial market), countless well-known insurers offer this insurance product as do smaller companies.
Errors & omissions insurance for insurance agents and other professionals like ranging from real estate agents and brokers to doctors and school administrators offer protection against potentially damaging lawsuits. An error or omission, a mistake, which causes financial harm to another, can take place on almost any transaction in any profession.
Errors and omissions insurance assists in protecting a professional, an individual or a company, from being hit with the entire expense of defense for lawsuits tied to an error or omission in providing covered professional services. This is a separate coverage from a standard general liability or property insurance policy.
Find Pre-screened Vendors
Compare top rated vendors in more than 80 categories. Minimize the risk of hiring unknown contractors
Visit the Vendor Center now or select a category below:
Appreciating the S Corporation The sub-chapter S Corporation (or S Corp) is structurally the same as a C corporation (i.e., it has officers, directors and shareholders), but with one key difference...
C Corporation Considerations A C Corp has the widest range of deductions and expenses allowed by the IRS, especially in the area of employee fringe benefits. A C Corp can set up medical reimbursement...
Choosing the Wrong Corporate Entity Corporate entities come in three categories: the good, the bad, and the ugly. But even among the good, one size does not fit all. Choosing the wrong corporate entity can cost...
Common Types of Legal Entities Before you file articles of incorporation, you should be familiar with the most common types of business formations and how they differ. You may even choose a business structure that is not...