E&O Insurance, Errors and Omissions Insurance
Errors and omissions liability (E&O) insurance provides essential protection to help protect a company’s assets when standard General Liability insurance does not. Specifically, it can help protect a company against claims for financial injury that allege the company failed to perform services, causing a loss of use of tangible or intangible property to others.
At JHS Insurance Services, LLC., we discuss the policies and make sure you understand the differences. As brokers in the healthcare industry, we are here to support and guide you through the complex world of errors and omissions insurance. If your company does not have E&O insurance please contact us for more information.
800-727-4JHSE&O Insurance
For more than 40 years, our team at JHS Insurance Services, LLC. has been providing insurance solutions for the California healthcare industry. We assist healthcare professionals in reviewing multiple insurance options and choosing the best policy for their needs. We know the industry, and the industry professionals know us. Our working relationship with insurance carriers allows us to help you quickly and efficiently obtain E & O insurance. Whatever questions you may have, we can answer them. At JHS Insurance Services, LLC., we are available around the clock for your convenience and peace of mind.
Cost Factors of Errors and Omissions Insurance
The cost of errors and omissions insurance will vary based on factors including:
- Claims history
- Location
- Risk Factors
- Limits of Coverage
Errors & Omissions Insurance Coverage
Investing in errors and omissions insurance, also called professional liability insurance, helps cover the cost of court and settlements, in case of neglect or failure to perform a service. The settlement amount covered depends on the insurance contract. Together, we will discuss the E & O policy in detail or tailor one to your specific needs for your practice.
E & O insurance offers protection for your business from claims such as:
- Negligence
- Errors
- Omissions
- Misrepresentation
- Good faith violation
- Inaccurate advice
We are here to help
When faced with these claims and more, your errors and omissions insurance will help you cover attorney fees, court fees and any administrative costs. It also covers out of court settlements and pays an allowance to the insured for each day in the courtroom. Reach out to our friendly and professional staff for information, guidance and assistance. Call us at 800-727-4547, we are here to answer your call.
Errors and omissions liability (E&O) insurance provides essential protection to help protect a company’s assets when standard General Liability insurance does not. Specifically, it can help protect a company against claims for financial injury that allege the company failed to perform services, causing a loss of use of tangible or intangible property to others.