Professional Liability Insurance / Errors & Omissions Insurance Springboro Ohio

Errors and Omissions insurance (E&O), also sometimes referred to as professional liability, is insurance to protect you and your company in the event a client alleges they have suffered a financial loss as a result of an error or an omission committed by you in the delivery of your professional services. Professional liability coverage is separate from a General Liability (GL) policy which would cover you mainly for bodily injury or property damage liability. Lawyers, Physicians, Architects, Engineers, Computer Programmers, Insurance Agents, and Acountants typically require professional liability.

Many firms that engage in delivering professional services obtain E&O insurance. These policies are typically issued in increments of $1,000,000 in coverage with deductibles from $1,000 per claim to $25,000. A number of insurance companies offer specialized professional liability policies developed for specific professions. It is worth your while to work with an agent or broker that as access to numerous insurance carriers so you can have some confidence that they can obtain the broadest possible coverage for you at a competitive rate.

Finally, every insurance policy contains exclusions. Let Landen & Associates help you navigate through the maze of professional liability insurance. Landen & Associates can help you identify a Professional Liability insurance policy that fits your needs.

Ohio Insurance Agency offering Professional Liability Insurance policies in
Springboro, Mason, Lebanon, and all of Warren County Ohio.