Errors and omissions insurance

DavidIson_page
Everyone makes mistakes. But can one little mistake cost you thousands? Or even hundreds of thousands? If you don’t have errors and omissions insurance, it is possible for you to be out a great deal of money. Errors and omissions (E&O) insurance is also called professional indemnity insurance (PII) or professional liability insurance (PLI). With the multiple names for errors and omissions, there are also multiple practice areas. For doctors, physicians, chiropractors, etc. it is generally called malpractice insurance. For lawyers, architects, and engineers it may still be called professional liability. You should consider getting errors and omissions insurance if you provide a professional service, regularly give advice to clients, or if your client requests that you have it for contractual purposes.

Errors and omissions is a type of liability insurance that helps protect you, if you give professional advice, from bearing the full cost of defending against a negligence claim and from paying full damages awarded in case of a civil lawsuit. It will protect you whether or not you make a mistake. Basically it protects you if your client holds you responsible for a service that you provided or were supposed to provide that didn’t have the expected or promised results. It is designed to cover any of your financial losses rather than liability for bodily injury (BI) or property damage (PD).

Everyone makes mistakes and you are bound to mess something up. Even if you have the best employees in your industry and have the best risk management practices, mistakes will be made. You need to make sure that you are protected. If you are in the shipping industry and ship a product to Alaska instead of Alabama, your client could lose that sale. Who will pay the loss? If you are a wedding planner and schedule a wedding on August 29 instead of August 22, the caterer and other crew will show up but the wedding party and their guests aren’t there. Who will pay? The bride would turn into a bridezilla, and she won’t pay. These types of losses aren’t covered under a general liability policy.

The best time to have errors and omissions policy is before something happens or before you put yourself into any type of risk situation. In many cases, it will give your clients their peace of mind knowing that they will be compensated in case of an error or omission. To make sure that you understand your policy options, you need to have an insurance company that will walk you through the possibilities and thoroughly explain every step to you. You need David Ison & Sons Insurance in Houston. Call them at 210-490-1494 for answers to any questions you may have or to schedule an appointment.

72 Replies to “Errors and omissions insurance”

  1. This design is steller! You most certainly know how to keep a reader amused.
    Between your wit and your videos, I was almost moved to start
    my own blog (well, almost…HaHa!) Excellent job.
    I really enjoyed what you had to say, and more than that, how
    you presented it. Too cool!

  2. Thanks a bunch for sharing this with all people you really know what you are speaking approximately!
    Bookmarked. Kindly additionally seek advice from my site =).

    We could have a hyperlink change agreement among us

  3. Wow, amazing blog layout! How long have you been blogging for?
    you made blogging look easy. The overall look of your web site
    is excellent, let alone the content!

  4. always i used to read smaller posts which as well clear their
    motive, and that is also happening with this paragraph which I am reading here.

  5. Its not my first time to go to see this website, i am browsing this website dailly and
    get pleasant facts from here all the time.

  6. I enjoy what you guys are usually up too. This sort of clever work and coverage!
    Keep up the wonderful works guys I’ve added you guys to my personal
    blogroll.

  7. We are a group of volunteers and starting a new scheme
    in our community. Your website offered us with useful info to work on. You have done an impressive process and our entire community can be grateful to you.

  8. Hey there! I know this is somewhat off topic but I was wondering if you knew where I could find a captcha plugin for my comment form?

    I’m using the same blog platform as yours and I’m having trouble finding one?
    Thanks a lot!

  9. Hi there it’s me, I am also visiting this web page regularly,
    this web site is really good and the people are truly sharing nice thoughts.

  10. It is truly a great and helpful piece of information. I am satisfied that you shared this useful information with us.
    Please keep us informed like this. Thanks for sharing.

  11. If some one wants to be updated with most up-to-date technologies afterward he
    must be pay a quick visit this website and be up to date every day.

  12. Hi my friend! I want to say that this post is amazing,
    nice written and come with almost all vital infos.
    I would like to look extra posts like this .

  13. A person essentially assist to make seriously posts I’d state.
    That is the very first time I frequented your web page and to this point?
    I amazed with the analysis you made to create this actual publish amazing.
    Excellent activity!

  14. It’s enormous that you are getting ideas from this piece
    of writing as well as from our discussion made at this
    place.

  15. Hello, i believe that i saw you visited my web site so i came to
    return the favor?.I’m attempting to find issues to enhance my web site!I guess its adequate to use some
    of your concepts!!

  16. Thanks for ones marvelous posting! I seriously enjoyed reading it, you are a great author.I will always bookmark your blog and definitely will come back very soon.
    I want to encourage you to ultimately continue your great work, have
    a nice weekend!

  17. Thanks for sharing your info. I really appreciate your efforts and I
    will be waiting for your further write ups thank you once again.

  18. I’ve been exploring for a bit for any high-quality articles or weblog posts in this kind of area .
    Exploring in Yahoo I finally stumbled upon this site. Studying this information So i’m happy
    to show that I have an incredibly just right uncanny feeling I came upon just what
    I needed. I such a lot undoubtedly will make sure to do not forget this site and provides
    it a glance regularly.

  19. Oh my goodness! Impressive article dude! Thank you so much, However I am encountering difficulties with your RSS.
    I don’t know why I can’t join it. Is there anyone else having the same RSS issues?
    Anybody who knows the answer will you kindly respond? Thanks!!

  20. Hi there, every time i used to check blog posts here early in the break of day, for the reason that i like to gain knowledge
    of more and more.

  21. It is truly a nice and useful piece of info.

    I’m happy that you shared this useful information with us.
    Please stay us up to date like this. Thank you for sharing.

  22. Thanks for finally writing about >Errors and omissions insurance – Online Music, Business and Marketing <Loved it!

  23. When some one searches for his essential thing, so he/she needs to be available that in detail, therefore that thing is maintained over here.

  24. Amazing blog! Do you have any helpful hints for aspiring writers?
    I’m planning to start my own blog soon but I’m
    a little lost on everything. Would you recommend starting with
    a free platform like WordPress or go for a paid option? There are so
    many options out there that I’m totally overwhelmed ..
    Any ideas? Cheers!

  25. We’re a gaggle of volunteers and starting a new scheme in our community.
    Your web site provided us with helpful information to
    work on. You’ve done a formidable process and our whole community will probably be thankful to you.

  26. I used to be suggested this web site through my cousin. I’m not
    positive whether this post is written by him as nobody else understand
    such certain approximately my difficulty. You’re incredible!
    Thank you!

  27. Can I simply say what a relief to uncover somebody that really
    understands what they’re talking about on the web.
    You actually realize how to bring an issue to light and
    make it important. More people must check this out
    and understand this side of the story. I can’t believe you aren’t more popular given that you surely
    have the gift.

  28. It’s very straightforward to find out any matter on net as compared to books,
    as I found this article at this web page.

  29. I am curious to find out what blog platform you have been working with?
    I’m having some minor security issues with my latest site
    and I’d like to find something more risk-free. Do you have any solutions?

  30. Hi there, after reading this remarkable piece of writing i am as well delighted to share my experience here with colleagues.

  31. Excellent blog right here! Additionally your site loads
    up very fast! What host are you the usage of?
    Can I get your associate link in your host? I wish my website loaded up as quickly as
    yours lol

  32. We stumbled over here from a different web page and thought I should
    check things out. I like what I see so i am just following you.
    Look forward to exploring your web page again.

  33. Howdy exceptional website! Does running a blog like this require a large amount of work?
    I’ve very little knowledge of computer programming however I had been hoping to start my own blog soon. Anyhow, if you have any recommendations
    or tips for new blog owners please share. I know this
    is off subject but I simply needed to ask.
    Cheers!

  34. I know this if off topic but I’m looking into starting my
    own blog and was wondering what all is required to get setup?
    I’m assuming having a blog like yours would cost
    a pretty penny? I’m not very web smart so I’m not 100% sure.
    Any tips or advice would be greatly appreciated.
    Appreciate it

  35. A fascinating discussion is definitely worth comment. I do think that you
    ought to publish more about this issue, it may not be
    a taboo matter but generally people do not talk about these subjects.
    To the next! Kind regards!!

  36. Hi my friend! I want to say that this post is awesome,
    great written and come with approximately all significant infos.
    I would like to peer more posts like this .

  37. We stumbled over here by a different web page and thought I might check things out. I like what I see so now i am following you. Look forward to checking out your web page repeatedly.|

Leave a Reply

Your email address will not be published.