Errors and Omissions Insurance

What Do You Want to Insure?

Errors and Omissions Insurance Harford County

Errors and Omissions (E&O) insurance has many names. For some healthcare professionals, it’s called malpractice insurance. For lawyers, it may be called professional liability insurance.

Whatever name it goes by, E&O insurance is designed to protect you or your company from potential financial damages that may arise from a client holding you responsible for a service you provided that did not meet an expected or promised outcome. Some E&O policies are designed to protect you from claims of a failure to provide a service. E&O covers risks that your general liability insurance policy probably does not.¹

Most E&O policies cover judgments, settlements, and defense costs associated with any civil suits initiated by a dissatisfied client.

Who Should Consider?

While E&O insurance is commonly associated with professionals such as doctors, lawyers, and financial advisors, anyone in the business of providing a service for a fee should consider obtaining coverage. Whatever your profession, try to imagine your potential liability if the work performed by you or your employees was not properly done.

Most errors and omissions insurance can be structured to meet the specific needs of your business. For example, a wedding planner has a different risk exposure than an accountant, necessitating a different form of coverage.

1. The information in this material is not intended as legal advice. Please consult a legal professional for specific information regarding your individual situation.

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. This material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG, LLC, is not affiliated with the named broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. Copyright 2019 FMG Suite.

Have A Question About This Topic?

Your DNA Test

If your family relies on your income, it’s critical to know what their needs would be in the event of your death.

errors and omissions insurance harford county

Assess Life Insurance Needs

How to help determine life insurance needs to provide for your family after you pass away.

Long-Term-Care Strategies

The chances of needing long-term care, its cost, and strategies for covering that cost.

Ryan Frye

After our homeowners insurance premium went up for the third year in a row, I decided to try to shop around to get a better rate - not realizing how difficult some companies make it to get simple answers. I eventually came across a local insurance broker in my Google searches and decided to give them a try. Best decision I've made in a while. Our agent Chris Baur was extremely friendly and easy to get a hold of. Not only did he find a company that saved us hundreds of dollars with better coverage, we ended up bundling our auto insurance as well and am saving over $1000 a year. I cannot speak highly enough of Chris and Gerety Insurance and I've already been spreading the word to anyone in my circle that wants to save money. If you're looking for a sign as to whether or not they are right for you - this is it.

Chris Copenhaver

Very satisfied. I would recommend to anyone. Easy to work with.

Kim Maisel

I switched our auto & home insurance to Genety Insurance a number of years ago and I couldn’t be happier. Courtney services my accounts and she is always quick to respond and is so helpful with all of our needs. The entire staff are very courteous! The customer service is top notch!

Luke Smith

Very nice

Phillip Pawlukovich

Can’t recommend enough! Courtney and the rest of the team are always responsive and there to assist in anyway possible. Whenever a request is made, I feel like I am the top priority.

Michael Gerace

Outstanding service! Sully always goes above and beyond. He always delivers and a great partner to have.

Isabella Cirincione

I recently moved into my first apartment and needed renters insurance. Moving is stressful but working with the insurance company has been anything but stressful. Missy was super helpful and made the process very simple and quick! I am very grateful for her being able to help.

Kerrin O'Neill

We have been with Gerety Insurance for many years, and they are outstanding. They find the best rates for us, and they have been so helpful when we have needed to file claims.

Katherine Langrehr

Courtney Webster was a pleasure to work with. She worked efficiently to set up my new policy and made the whole process a breeze. Courtney even took the time to then change my policy when she later found a lower quote for me. Her customer service was greatly appreciated and helped save me over $100! Thank you so much Courtney!!

Mark Gray

The place is great when I call there with a question they are very helpful and go the extra mile ,they know there business very well that's why I stick with gerety ins Co. Very professional. 👍

Errors and Omissions Insurance

What Do You Want to Insure?