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Why would a small business require technology errors and omissions insurance?

July 28, 2021July 26, 2021 Nordstrom

Technology Errors and Omissions Insurance - Person using tech

This specialized coverage product is meant to protect against professional liability risks in this industry. Technology errors and omissions insurance is a form of specialized coverage product offering people in the technology industry protection against professional liability risks specific to them. This coverage can be known by many different names but is often key for those in the tech industry. Technology errors and omissions insurance is comparable to traditional E&O policies, also frequently known as professional liability policies, or as malpractice insurance. That said, those traditional policies are usually written…

What is E and O Insurance for Home Inspectors

July 6, 2013April 21, 2014 Guest Author

What is e and o insurance? It’s a type of insurance that professionals such as home inspectors carry to protect themselves and homeowners in the event of home damage caused by neglect during the inspection. When a home inspector overlooks some element of a home inspection and then later, because of his error, damage results, whose fault is it? In almost every case, a court will decide that the inspector is liable for the damage. Errors and omissions insurance, usually referred to as e and o insurance, can prevent complicated…