Why Do You Need Errors & Omissions Insurance?
Regardless of what kind of professional you are, customers can claim that something you did on their behalf was not done correctly. The customer may claim that the mistake or error has resulted in a financial loss to him or her. A homeowner may alleged that a real estate agent failed to properly notify him of prior termite damage. A borrower in default may claim that a mortgage broker did not explain the loan properly before closing. An insurance company might sue a claims adjuster for exceeding his pre-determined limit in settling a claim.

In the litigious world we live in today, many business owners protect themselves from with errors & omissions insurance. This type of insurance is appropriate for anyone who gives advice, makes educated recommendations, designs solutions or represents the needs of others, such as mortgage brokers, real estate agents, software developers, web designers, ad copywriters, teachers, placement services, telecommunication carriers and inspectors.

Coverage from lawsuit and hefty legal bills!
Errors & Omissions insurance relives the burden of defense in lawsuits from the business owner. The insurance company is responsible for hiring and paying for defense attorneys in errors & omissions lawsuit. And in the event the case is lost or settled, the insurance company is the one who pays the claim, not the business owner.

We specialize in E&O coverage for Real Estate Agents& Brokers, Mortgage Brokers, Mortgage Lenders, & Claims Adjusters.
Coverage is available for other professionals, please contact us for more information.

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