E&O Insurance Coverage
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E&O insurance coverage protects your company against negligence, failure to perform per contract, and for errors or omissions that cause financial loss for a client or customer. If your company is vulnerable to these occurrences, you need to carry E & O insurance as this protection is generally not offered by a general liability insurance policy.
E and O insurance quotes can be most easily obtained through NetQuote, the leading online insurance marketplace. With NetQuote, after completing a simple online quote request form, you will receive FREE, no-obligation quotes for E&O insurance from leading insurance carriers, allowing you to compare rates and coverages.
Do You Need E&O Insurance Coverage?
Almost any business runs the risk of being sued by a client or customer due to an error or negligence on the part of the company, which makes E&O insurance vital. Many industries perform services for customers where a financial loss may occur due to some action (or inaction) on the part of an employee, so this coverage really needs to be a part of their insurance portfolio.
If your company is a part of an industry with an established standard of care, you really need to have E and O insurance. If a customer can suffer a financial loss due to your business not performing to this established standard, then E & O insurance needs to be a mandatory coverage. Don't think your general liability insurance policy provides coverage for this, as most exclude coverage for professional liability issues.
Types of businesses that need E&O insurance coverage include data processors, custom software developers, pool cleaners, all types of consultants, building designers, and financial professionals. There is a wide spectrum of business types for which E & O insurance is recommended.
E & O Insurance Quotes
Finding the right E & O insurance coverage at the best rates can be a very time consuming process if done manually. To save time and eliminate frustration, use NetQuote to receive E&O insurance quotes from top insurance carriers. NetQuote allows you to request quotes online from the convenience of your office, saving you an incredible amount of time and effort in determining the best E and O insurance coverage.
Visit NetQuote to get your FREE, no-obligation E&O insurance quotes today!