Errors & Omissions Liability

Consultants are important to the business community as they offer advice within their field of expertise. A customer may sometimes incur a financial loss when they misunderstand, or misapply the advice provided. When they look to the consultant for reimbursement of expenses and/or lost income, the standard commercial general and umbrella liability policies will not help. These polices protect for claims arising out of bodily injury and property damage.

The consultant needs to purchase Errors & Omissions Liability insurance to have protection from lawsuits alleging their improper advice caused financial harm. We represent a number of insurance companies that offer this coverage and can assist consultants in understanding the risks they face.