E&O Insurance: Avoiding the Costly Consequences of Errors: E&O Coverage in 2024

E&O insurance is a type of liability insurance that protects professionals and businesses  

E&O insurance typically covers claims related to professional negligence 

E&O insurance focuses on claims related to professional services 

E&O insurance to address specific risks not covered by general liability.

E&O insurance may be required by professional licensing boards or industry regulations. 

E&O policies are typically claims-made, meaning they cover claims made during the policy period 

E&O policies typically cover legal defense costs, including attorney fees, court expenses, and settlement payments.