In some cases, a contract, professional affiliation, or state law may require businesses to carry errors and omissions coverage.
But even if it’s not required, errors and omissions coverage helps protect your business against the risk of doing business for others. Furthermore, it shows prospective clients that you are a legitimate business. We all know mistakes happen and in some cases, no matter what you do, you can’t meet the client’s standards. With E&O insurance you can focus on growing and running your business instead of worrying about potential claims.