What is Error and Omission Insurance?

Error and Omission Insurance (E&O) is a specialized professional liability insurance policy that provides comprehensive protection for professionals against claims arising from errors, omissions, or negligence in their professional services.

This essential insurance policy covers legal costs, settlements, and judgments when professionals are sued for alleged mistakes, oversights, or failures to perform their professional duties according to industry standards.

Whether you're a consultant, advisor, service provider, or professional in any field, Elevate Insurance offers comprehensive E&O insurance policies with competitive premiums and expert legal support to protect your professional reputation and financial stability.

Error and Omission Coverage

Comprehensive protection for professionals against errors, omissions, and negligence claims.

  • Professional negligence coverage
  • Legal defense costs protection
  • Settlement and judgment coverage
  • Breach of contract protection
  • Misrepresentation coverage
  • Failure to perform protection
  • Professional advice coverage

Add-ons

  • Cyber Liability
  • Employment Practices
  • Fiduciary Liability
  • Crime Coverage
  • Business Interruption
  • Regulatory Investigation
  • Prior Acts Coverage

Benefits

  • Professional protection
  • Legal defense coverage
  • Reputation protection
  • Expert legal support
  • Peace of mind
  • Comprehensive coverage
  • Competitive premiums

Benefits of Error and Omission Insurance

Professional Protection

Safeguards professionals against claims arising from errors, omissions, and negligence in their professional services.

Legal Defense Coverage

Comprehensive coverage for legal defense costs, attorney fees, and court expenses in professional liability claims.

Settlement Protection

Coverage for settlements and judgments in professional liability claims, protecting business finances and reputation.

Expert Legal Support

Access to experienced legal professionals and professional liability experts for comprehensive defense strategies.

Reputation Protection

Protects the professional reputation and business standing during legal proceedings and claims.

Why You Need Error and Omission Insurance?

Error and Omission Insurance is essential for any professional providing services or advice. Here's why having comprehensive E&O insurance is crucial:

Professional Protection

Protects professionals against claims arising from errors, omissions, and negligence in their professional services.

Legal Defense

Provides comprehensive legal defense coverage for professional liability claims and regulatory investigations.

Peace of Mind

Allows professionals to provide services with confidence knowing they have comprehensive protection against claims.

Error and Omission Insurance Coverage Includes

Professional Negligence

Protection against claims arising from professional negligence, errors, and omissions in service delivery.

Legal Defense Costs

Comprehensive coverage for legal defense costs, attorney fees, and court expenses in professional liability claims.

Settlement Coverage

Coverage for settlements and judgments in professional liability claims and regulatory proceedings.

Breach of Contract

Protection against claims arising from breach of contract and failure to meet professional obligations.

Misrepresentation

Coverage for claims arising from misrepresentation, false statements, and misleading information.

Failure to Perform

Protection against claims arising from failure to perform professional duties and service obligations.

Error and Omission Insurance Add-ons

Cyber Liability

Protection against cyber-related claims, data breaches, and technology-related professional liability issues.

Employment Practices

Enhanced coverage for employment-related claims including discrimination, harassment, and wrongful termination.

Fiduciary Liability

Specialized coverage for claims arising from breach of fiduciary duties and responsibilities.

Crime Coverage

Protection against claims arising from employee dishonesty, fraud, and criminal activities.

Business Interruption

Coverage for loss of business income during the period when operations are disrupted due to claims.

Regulatory Investigation

Coverage for costs associated with regulatory investigations and compliance-related proceedings.

Prior Acts Coverage

Coverage for claims arising from professional services provided before the policy inception date.

Extended Reporting Period

Extended coverage period for reporting claims after policy expiration or cancellation.

How to Buy Error and Omission Insurance Online?

The process of buying Error and Omission Insurance online is simple and convenient. Here's how you can get comprehensive professional liability protection with us.

01

Share Professional Details

Provide information about your profession, services, and business operations to get accurate insurance quotes.

02

Compare E&O Insurance Plans

Review different Error and Omission Insurance plans and choose the one that best fits your professional needs.

03

Complete Purchase

Make secure online payment and receive your E&O insurance policy instantly via email.