Errors and omissions insurance is a form of liability insurance. It protects companies against the full costs of a claim made by a client against a professional who provides advice or a service such as a consultant, financial adviser, insurance agent, or a lawyer.
For example, a client may sue an adviser or broker after an investment goes sour, even if the risks were well-known and within the guidelines established by the client. Even if a court or arbitration panel finds in favor of a broker or investment adviser, the legal fees can be very high, which is why E&O insurance is important.
The benefits E&O insurance gives companies or individuals vary greatly depending on the policy and issuing insurance company. E&O insurance may or may not cover temporary employees, claims stemming from work done before the policy was in force, or claims in various jurisdictions. These policies do not cover criminal prosecution and certain liabilities that may arise in civil court not listed in the policy.
Lock your keys in the car without a spare? Roadside assistance is there to help!
1 314 September, 2019
Going back to California today. Gonna miss this girl on the east coast 😞 Side note: we went out in public like this and someone at the bar made fun of us for matching. Thoughts, feelings about matching?
It feels so natural that Malcolm is now a part of the Frailey Family..
One, because his mom is already covered with Frailey
Two, because we are just as proud of him for going to college as she is!!
Welcome and congrats, Malcolm!
Adding a new car to your insurance policy? Congratulations and we want to make sure you don't forget us in the calculation of your new monthly car expense. Call us to check the cost of the changes due to a newer year, or a different make and model. We have the resources to find the best options which might mean a change in policy. Give us a call⠀
You can also stop into one of our 3 #Poconos offices
Now is the time to purchase home flood insurance, according to FEMA and national flood officials. Floods are among the deadliest natural disasters in the United States, and it's not getting any better.
When comparing this year’s potential flooding to back in 2011, many scientists conclude that climate change is in part to blame for the changes.
Renters insurance covers everything your landlord's homeowners insurance will not and more! Get affordable coverage for burglary and theft, premises liability, and more when you choose Hanover Fire & Casualty!