What is Contractors Errors & Omissions Insurance (E&O Insurance)?
Posted: June 24, 2021
Lets face it, mistakes happen sometimes. Most people understand that General liability covers you for injuries and property damage, but what does E&O insurance cover? To sum it up and keep it simple, E&O will cover your mistakes (Wrongful Acts) that cause financial loss to a customer. There are three general areas that this can occur and those are; errors or omissions in the...
Small Business Insurance Basics
Posted: August 22, 2013
Insurers often combine a number of insurance coverages into a package that is sold as a single contract. The most common policy for small businesses is the Business Owners Policy (BOP). The BOP combines coverage for all major property and liability insurance risks as well as many additional coverages into one package policy suitable for most small businesses. The term “BOP” specifically refers to insurance...
