What Does Errors and Omissions Insurance Mean?

Free Business Insurance Quote Click Here
What does Errors and Omissions Insurance mean? Read on to discover the definition & meaning of the term Errors and Omissions Insurance - to help you better understand the language used in insurance policies.

Errors and Omissions Insurance

Errors and Omissions Insurance

Errors and omissions (E&O) insurance is a form of liability insurance that protects businesses from losses that can ensue as the result of mistakes made or negligence committed on behalf of the company. These losses would come as the result of lawsuits being filed against the company by clients. E&O usually covers court costs in addition to the primary losses.

We hope the you have a better understanding of the meaning of Errors and Omissions Insurance.

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z


Free Business Insurance Quote Click Here