With so much going on in the day-to-day operation of most businesses, mistakes and oversights are bound to happen. Without the proper protection, however, an error can be quite costly, even financially devastating. That’s where Errors & Omissions (E&O) insurance, also known as Professional Liability insurance, steps in. It’s the “we have your back” coverage when an error or negligence occurs providing clients with a professional service that allegedly causes financial damage. Even if the claim is without merit, just defending a “he-said, “she-said” type of claim can be costly.
Our professional staff at ISU-The Olson Duncan Agency can provide you with the back-up protection you require in the event you are hit with a professional liability claim.