No matter how baseless the claim, defending yourself against alleged mismanagement can be financially devastating to your company and to you personally. With professional liability insurance, you can rest easy knowing your court costs and other financial damages incurred will be taken care of up to your policy’s limits. Also known as errors and omissions insurance (E&O), this type of coverage protects the policyholder against claims of financial obligation due to alleged errors, omissions, or negligence. Although many companies don’t realize it, this type of protection is not included in a general liability policy.
Some of the professionals in Florida that can benefit from errors and omission insurance include:
- Architects
- Engineers
- Accountants
- Appraisers
- Brokers
- Health & Life Insurance Agents
- Lawyers
- Doctors and Nurses
- Fitness & Health Professionals
- Teachers & Professors
A member of Independent Insurance Agents and Brokers of American, as well as Florida Association of Insurance Agents and multiple other organizations, OIG Insurance of Tampa Bay helps businesses throughout Florida obtain affordable, full-coverage professional liability insurance. If you’re not sure how high to set your limits or even what sort of coverage you need, then OIG can help. Our friendly, experienced agents work with you to determine your personal needs based on information you provide us. Then we allow you to compare rates from a number of insurance companies and provide a recommendation based on our years of accumulated industry knowledge.
