Errors and Omissions (E&O) Insurance: Costs, Coverage & Definition
Errors and Omissions (E&O) Insurance: Costs, Coverage & Definition Introduction Errors and Omissions (E&O) insurance—also called professional liability—covers the legal defense, settlements, and judgments if a client alleges that your professional advice, service, or oversight caused them a financial loss. Typical premiums for small businesses run about $42 – $100 per month (average ≈ $61), […]