Professional Liability / E&O Insurance is a type of liability insurance which offers protection for a business owner or employee against claims resulting from negligence, errors or omissions associated with a contracted job. This type of coverage can protect against claims which have caused damages to a client if those damages were due to negligence in your provided services.
Professional Liability / E&O liability is an important coverage for any professional who provides inspections, suggestions, or advice. Types of professionals who should consider an Professional Liability / E&O liability policy are: Appraisers; Home Inspectors; Real Estate Agents or Brokers; Mortgage Brokers; Auditors; Accountants; and Attorneys, to name a few.