E&O Insurance

Errors & Omissions/

Professional Liability insurance

safeguard your company from costly litigation due to alleged negligence, errors or unfulfilled promises to your clients 

 

In an organization full of people, mistakes can and do happen. If a client believes you made a mistake or oversight, they could sue you for financial damages. E&O insurance is a kind of specialized liability protection against losses not covered by traditional liability insurance. It protects you and your business from claims, even if that claim proves to be groundless, in the event that a client accuses your business of making a mistake (an error) or failing to do something (an omission).

Common risks covered include:

Screen Shot 2020-11-04 at 10.50.06 AM.pn

Rahn & Associates offers custom policies that cover both court costs and any settlements up to the amount specified by the insurance contract. E&O is critical and often required for professional advice-giving or service-providing businesses.