Any professional needs error and omissions insurance for protection of physical assets as well as protection from the threat of lawsuits. No matter if the lawsuit is founded or not, the professional needs to spend time and money on a legal defense, so a monetary loss occurs even if there is nothing awarded to the […]
Many people can be confused about the different types of insurance they need. There are a number of policies that exist. Whether a business needs error omission insurance or a vehicle needs auto insurance, it can be tricky in new situations.
Any professional who is searching for error omission insurance will find a wide range of prices quoted in regard to getting coverage. The reason is that insurance companies will quote prices in their advertising to get your attention. None of the policy prices quoted are necessarily final, the prices listed are often just a starting […]
There are many different kinds of insurance policies being offered for many different needs but a lot of people do not know which sorts of policies they should be getting for themselves. For example, someone who needs error omission insurance for their business or car insurance may not have any idea how to go about […]
Considering the amount of time, effort, and resources that usually go into achieving professional or business success, it follows that protecting yourself should take priority. Providing a service or product, for example, can be personally and financially rewarding, but misinterpretation could leave you vulnerable. For this reason, error omission insurance should be a part of […]
Should you carry error omission insurance if you are the owner of a company? This sort of insurance can really be a safety net and keep your business going. If you business is still young, you are aware start up is a gamble. You cannot afford to lose a good deal of income when you […]
People do more research on service providers these days than ever before. If a business is to keep up with its competition it needs to assure customers that they are choosing the right company for whatever job it is.
The average small business has a unique set of challenges that are usually less of a concern for larger companies. Smaller businesses have lower amounts of capital, revenue, and other resources. Profits are often a few years away from the date a new small business opens. Since even one case of litigation can be a […]
Insurance is the risk management against certain contingencies. Error insurance policy is exclusively designed for professionals who may be sued by their clients for faulty performances. This type of insurance is becoming an important tool for professionals like architects, lawyers, doctors, real estate agents and brokers to safeguard their interests as they may become easy […]
At times, frivolous lawsuits can not only jam up the courts, but also they can represent the twisted reality that sometimes exists within the legal system. For example, if a person has no insurance or assets of any worth, they may avoid a lawsuit even if they are completely liable. Sometimes, a person can get […]
Error omission insurance is defined as a type of insurance that business professionals use for liability protection. It is necessary for real estate agents, brokers, insurance agents, attorneys, third party executives and others who maintain the responsibility of quality control. In order to protect their business and their service providers, most companies need an insurance […]