Why does having E& O insurance make clients more confident in your firm or agency? In the fast-paced, high-stakes world of law firms and title agencies, building trust with clients is paramount. A critical way to establish and maintain this trust is through comprehensive coverage, particularly Errors and Omissions (E&O) insurance. Attorney’s First Insurance (AFI)…
What will E&O insurance not cover? Errors and Omissions (E&O) insurance, is a crucial safety net for professionals across various industries. This type of business insurance protects professionals from claims of inadequate work or negligent actions that could result in financial loss for their clients. Understanding when E&O claims does and doesn’t apply is essential…
Errors and Omissions insurance (E&O) is a unique form of professional liability insurance designed to protect law firms and title agencies against damages or the costs of defending lawsuits arising from errors or omissions in the performance of professional duties. An E&O policy often covers court costs, attorney fees, administrative costs for handling case files,…