Errors & OmissionsA simple keyboard error, resulting in a misprint on an important company document, can be all it takes for a law suit to occur. The legal costs of these errors can be devastating for any business. Having adequate protection for all errors and omissions is vital for any business. Marshall & Sterling offers E&O coverages that can help you avoid these unfortunate, and potentially catastrophic instances.
Errors and Omissions Liability protects your company from claims if your client holds you responsible for errors, or the failure of your work to perform as promised in your contract. Don’t Be Fooled. Errors and Omissions Insurance coverage is generally not provided by a Commercial General Liability policy. Commercial General Liability does NOT provide coverage for errors, contract performance disputes or any other Professional Liability issues. Errors and Omissions coverage insures not only your mistakes, but also the mistakes of the employees and Independent Contractors you hire. Most importantly, Errors and Omissions insurance might save you from extreme embarrassment, a lost client, or worst of all, a bad reputation.
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