Errors and Omissions Insurance
What is E&O Insurance and who needs it?
Unfortunately, even a minor, unintentional error can result in extensive costs for companies. From accountants to wedding planners, if your business provides any type of service then you could be exposed to lawsuits and other costly risks. This is where Clark Insurance’s errors and omissions (E&O) insurance can help. As a business owner, your main focus is protecting your business and ensuring its stability in the face of any obstacle. As your insurance agency, Clark Insurance will work alongside you to help identify your company’s liabilities and prepare you to face them with confidence.
As a Clark Insurance customer, you can benefit from personal attention. Our agents will work closely with you to understand the risks to which your organization is exposed, and to make sure your errors and omissions policy is responsive to your needs.
From what types of things can we protect you?
Errors and omissions insurance can help safeguard your company, as well as any individuals at your business who become the target of a claim for inadequate or negligent work. If an error or omission was made by you or one of your employees resulted in a financial loss for a client, this type of liability coverage provides legal defense costs and can pay settlements, and other expenses.
Everyone makes mistakes. However, the extent to which you prepare for these mistakes ahead of time can be the difference between your company succeeding and an incident that could force you out of business. Clark Insurance also helps protect doctors, lawyers, and others with professional liability insurance.
Learn more about protecting yourself and your business in the event of an error (or alleged error) today by filling out our free online quote form. You also can contact Clark Insurance’s Portland, ME office at 207-774-6257, our Manchester, NH office at 603-622-2855 or our Lowell, MA office at 978-459-0505.