Errors and Omissions Insurance

What is errors and omissions insurance?

Accusations of negligence or the failure to perform your professional services are things that any professional services business can be sued for, even if it hasn't made a mistake.

You should seriously consider E & O insurance if your business:

• provides a professional service.
• regularly gives advice.
• is required by its clients to have E & O insurance.
  
  

We specialize in errors and omissions insurance (E & O insurance), also known as professional liability insurance. If you have a professional services business with 10 employees or less, having errors and omissions insurance coverage can be an integral part of protecting your business.

Why choose Hiscox?

Hiscox has made it easier for small business owners to buy errors and omissions insurance. Key benefits include:

• Buy direct: Hiscox is the first insurer in the U.S. to offer errors and omissions insurance coverage that can be bought direct and online in real time. You can also buy direct from one of our licensed advisors.
• Customized coverage: We customize our errors and omissions insurance coverage to your specific profession, giving you the right coverage at the right price.
• Competitive rates: Our errors and omissions insurance rates provide great value for your business, starting as low as $22.50/month in most states.
• Flexible coverage: A range of coverage limits and deductible options allows you to tailor your policy to your business needs.
• Monthly payment options: Spread out your payments (with no fees) to help manage your cash flow.
• Money back guarantee: You have 14 days to review your policy, and if you have not had a claim or loss, you may request a full refund if you are not satisfied with your purchase.
  
  

Hiscox errors and omissions insurance benefits:

• Work completed by temporary staff is covered: Hiscox errors and omissions insurance policies cover work done by full-time employees and temporary staff, as well as subcontractors.
• Past work covered: Unlike some of our competitors’ policies, our errors and omissions insurance covers unknown claims arising from work completed before you were even insured with us, back to an agreed date.
• Worldwide coverage: North, south, east or west, Hiscox will protect you as long as the claim is filed in the U.S., one of its territories or Canada.
• Claims responsiveness: In the world of professional businesses time is of the essence, especially when you need to make an insurance claim. If a covered claim is filed, Hiscox will immediately defend you even if the claim has no basis and, if necessary, appoint an attorney.