Category: Business Insurance
What is Professional Liability/Errors & Omissions?
Posted: June 16, 2009
Errors and Omissions Insurance protects your company from claims if your client holds you responsible for errors, or the failure of your work to perform as promised in your contract. Coverage includes legal defense costs - no matter how baseless the allegations. Errors and Omissions Insurance will pay for any resulting judgments against you, including court costs, up to the coverage limits on your policy....
Business Insurance And Personal Exposure
Posted: December 30, 2008
If you're running a business from your home, you have no insurance coverage for a business exposure. Personal homeowner, auto or umbrella policies provide no coverage for business liability, professional liability, workers’ compensation, business auto, business equipment, and loss of business income. Some homeowner's policies have a business liability endorsement but this endorsement creates a larger problem. Most small business owners want to keep personal...
