Errors and Omissions Coverage

Errors and omissions insurance is a form of liability insurance. It protects companies against the full costs of a claim made by a client against a professional who provides advice or a service such as a consultant, financial advisor, insurance agent, or lawyers.

E&O insurance is also applicable to businesses outside the financial industry including nonprofits, general maintenance companies and contractors, and engineering firms. Any other company or professional who provides a service, such as wedding planners and printers, also needs E&O insurance. Doctors, dentists, and other medical professionals also take out E&O insurance called malpractice insurance.

Specifically, errors and omissions insurance covers a variety of legal claims against you, including:

  • Negligence
  • Misrepresentation
  • Violation of good faith and fair dealing
  • Inaccurate advice

If a customer sues you on these grounds, your errors and omissions policy will pay for:

  • Your lawyer’s hourly fees
  • Costs for hiring expert witnesses
  • Administrative costs for handling case files
  • Court expenses
  • Costs incurred when you agree to settle a lawsuit
  • Costs of paying for a legal judgment rendered by a judge or jury (penalties and fines)

Errors and omissions insurance does not cover deliberately misleading, wrongful, or illegal acts, mistakes you make in managing your business, or employment-related disputes.


  • General Liability
  • Property
  • Auto Liability and Fleet Management
  • Boiler and Machinery
  • Transit and Cargo
  • Umbrella and Excess Liability
  • Active Shooter Insurance
  • Kidnap, Ransom and Extortion
  • Political Risk
  • Environmental
  • Pollution Liability
  • Product Liability and Clinical Trials
  • Workers’ Compensation
  • Professional Liability
  • Surety Bonds
  • International Risk
  • Builders’ Risk
  • Crime and Dishonesty
  • Terrorism and Sabotage
  • Fire, Flood and Earthquake
  • Risk Control and Management
  • Safety and Security Programs
  • Cancer Insurance
  • Group Insurance Programs
  • Cyber Liability
  • Inland/Ocean Marine
  • Garagekeepers Liability