Business Insurance
Errors and Omissions Insurance
Definition
Professional liability insurance that protects businesses and individuals against claims of negligence, mistakes, or failure to perform professional duties. Also known as E&O insurance.
In Zach’s Words
“E&O is for when you mess up professionally — not on purpose, but you made a mistake, gave bad advice, or forgot to do something and your client lost money because of it. If you're a consultant, tech company, or accountant, this is the coverage that protects you from 'you should have known better' lawsuits.”
— Zach Nadler, CIO