Errors & Omissions Insurance
E&O insurance covers your professional mistakes.
Let's face the facts...you're not perfect. None of us are - and that is why errors and omissions insurance should be a vital add-on with your business insurance. E&O insurance covers you and your company in the event you make a mistake and your client decides to sue.
If you are in a profession where you provide a service, you should consider E&O insurance. It is sometimes known by different names depending on your occupation, but the idea is still the same. Some professions that need errors and omissions insurance are:
- Doctors
- Lawyers
- Architects
- Accountants
- Advertising Agencies
What would cause an E&O claim to be filed? Your client may feel that you did not produce a quality product, an error you made may have cost them money or even damaged their professional reputation. If you are a small business in Minnesota, one lawsuit could cripple you financially if you do not have errors and omissions insurance in place.
Having E&O will give you peace of mind and also make your clients feel more secure. To learn more about errors and omissions insurance in MN, call Preferred Insurance Services at 877-410-3144, or simply fill out our online contact form and we will be in touch with you.
