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Error & Omissions

Error and Omission Insurance, also called Professional Liability and Professional Indemnity Insurance, protects a company, and/or a professional against any potential negligence claimed by their clients.

One of the reasons to choose an E&O Insurance is that it covers you from bearing the full cost of defense and damages for lawsuits that may occur, different from other general liability that will only respond to a bodily injury, property damage and personal injury. In an E&O insurance the common reasons alleged in making claims on these policies are negligence in either the performance or the failure to perform professional services, misrepresentation, violation of good faith and fair dealing, and inaccurate advice.

This is a separate and unique coverage from your standard general liability or property insurance.

At Novus Insurance Brokers we can tailor make a policy to indemnify your company for whatever risk that may arise. With knowledgeable professionals, we can implement a policy with differing limits to protect an ever increasing risky environment.