If you own a business, you probably own some form of general liability insurance to protect you in the event of a lawsuit due to negligence on your part. Workers' compensation insurance protects employers from claims resulting from injuries to employees. Business Owners Package policy, commonly called a "BOP" contains many of the insurance coverages needed by most small businesses.
Professional liability insurance, also sometimes referred to as Errors and Omissions insurance or E&O, protects businesses or individuals in the event that a customer holds your company or business owner responsible for a service that was provided, or failed to be provided, and did not have the expected or intended results.
Professional liability insurance, also sometimes referred to as Errors and Omissions insurance or E&O, protects businesses or individuals in the event that a customer holds your company or business owner responsible for a service that was provided, or failed to be provided, and did not have the expected or intended results.
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