The term "professional liability/errors and omissions" means different things to different people, depending on the industry. In simple terms, it means that you are liable to cover the cost of any mistake or omission that you may potentially make with a customer.
This can be ruinous for a business. Perhaps a customer perceives that a e Surveyor made an error on a lot line determination or a computer software engineer made an error that shut down the assembly line and the client had a loss of business income. This customer could file suit against you or your company be awarded huge damages.
At Russo Insurance, business liability experts will be able to guide you through the process of determining which plan will suit your business's unique needs. We know that insurance can be a large part of your business expenses, so we will make sure that you get the best coverage you can get for the least amount of money.
Contact us today for your customized insurance coverage.