The national average cost for errors and omissions insurance coverage is $61 per month, or $735 per year. The main factors that determine the cost of coverage include the industry and geographic ...

As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking ...

Financial advisors offer a lot of personalized advice which can open them up for potential lawsuits if anything goes wrong. These lawsuits not only harm their reputation but can financially devastate ...

As a business professional, you’re responsible for the advice and services you provide to clients. Customers who believe they’ve been financially harmed by your advice can bring a legal claim against ...

WORCESTER, Mass., Nov. 10, 2020 /PRNewswire/ -- A recent study from The Hanover Insurance Group, Inc. (NYSE: THG) found nearly half of professional service providers faced allegations of ...

In any business, mistakes can happen. But for companies that provide professional services, even a minor error can have major consequences. That’s where errors and ...

Q: For many years, my travel agency has had an errors and omissions insurance policy, aka an E&O policy or a professional liability policy. The premium has increased each year, and I am now ...

In the dynamic world of business, mistakes are bound to happen. But when these errors result in financial setbacks for clients, it can result in pricey lawsuits for businesses. Errors and omissions (E ...

Opinions expressed by Entrepreneur contributors are their own. Q: I want to start a smallhomebased business to supplement my retirement income. I am findingthe cost of errors and omissions (E&O) ...