If your firm offers professional services, then it needs to be protected against errors and omissions in NJ. Whether you are an accountant, real estate agent, engineer or an attorney, your business could face legal action if your client has to deal with financial loss or serious injury resulting from an error or omission made by your firm. Nobody likes mistakes, but they happen and you need to make sure you’re protected against them.
Don’t Let Mistakes Financially Ruin Your Company
A properly crafted errors & omissions (E&O) insurance policy, in addition to your commercial general liability policy, can help protect your firm from any legal action arising from the firm’s mistake. To help you cover the potentially crippling costs of such legal action, an E&O policy can cover the following expenses,
- Legal expenses, potentially from the start of the claim.
- Damage awards, up to the limits of the policy.
- Out-of-court settlements, up to the limits of the policy.
Your company is unique, and your E&O policy should be too. An insurance agent who specializes in errors and omissions in NJ can help you put together an E&O policy capable of protecting your company no matter the specific professional services you offer.