Professional Liability insurance is also known as errors and omissions insurance (E&O).
Professional liability insurance protects you in the event that a client is harmed from professional advice and services, supporting companies from negligence claims made by clients. A professional liability policy will help cover the cost of defending such a lawsuit and any damages awarded.
What Kinds of Businesses Need an E&O Policy?
Professions that commonly need professional liability insurance include accountants & CPA’s, general contractors, charities and other non-profits, etc.
Different professions have different types of professional liability; insurance agents and lawyers need Errors & Omissions Insurance (E&O); physicians need Medical Malpractice Insurance.
Founders Insurance Group’s experienced agents specialize in helping various businesses engaged in professional services. Contact us today and one or our licensed agents will evaluate the risks associated with your business and help you get the professional liability insurance that fits your business and industry in Woodstock, Georgia.