Errors and Omissions Insurance
In order to keep your small business safe and successful, comprehensive professional liability insurance is key. But did you know that there are many facets to professional liability insurance coverage? At CD Rigden Associates, we recommend errors and omissions insurance for all small businesses.
Why? Read on for a brief breakdown of this insurance and its importance to your business.
What is Errors and Omissions Insurance?
Errors and omissions insurance will keep your small business protected in the event that work is completed inadequately or actions of anyone involved with the business are deemed to be negligent.
While certainly you will take all steps necessary to avoid such events from occurring in the first place, mistakes can certainly happen and allegations, even when untrue, can lead to legal action. Therefore, coverage like errors and omissions insurance is very much necessary.
What Could Happen Without Errors and Omissions Insurance?
To best understand the importance of errors and omissions insurance, it is perhaps easiest to look at what can happen to small businesses without it. Without euros and omissions insurance, small businesses - and large ones, too - have ended up owing a in great deal of money in damages.
In addition to this, a small business without errors and omissions insurance will also be very much on the hook for any legal fees they accrue during the legal proceedings that all too often occur in such cases.
Want to Know More About Errors and Omissions Insurance? Contact Us!
At CD Rigden Associates, we want to keep your small business successful and thriving for many years to come. Therefore, we want you to have the coverage you want - and the coverage you need.
Contact us today to start discussing your options.