Errors and omissions insurance helps protect your business from claims of:

• Negligence
• Errors in provided services
• Omissions
• Misrepresentation
• Good faith and fair dealing are broken
• incorrect guidance

If someone sues your business for making a mistake in the professional services you've provided, this insurance can help cover your:

This insurance might assist in covering your expenses if someone sues your company for rendering subpar professional services.

• An attorney's services typically range from $3,000 to $150,000.
• Court fees include the expense of hiring expert witnesses or reserving a courtroom.
• Administrative costs include paying court reporters or office managers and assembling your defense.
• Judgments and settlements may run into the thousands or even millions of dollars.

• It's filed within your policy period or the extended reporting period
• The incident occurred on or after your retroactive date

According to the retroactive date, incidents occurring on or after a specific date in your policy are covered. The extended reporting period aids in covering claims made within a particular frame of time following the termination of your insurance.