Errors & omissions insurance
Errors and omissions insurance (E&O) is a tech expert's best defense against accusations of mistakes or oversights.
If your business provides professional advice or services, you should look into errors and omissions insurance (E&O), also called professional liability insurance. This policy can help defer the costs of lawsuits, even if you’ve done nothing wrong, and costs about $60 per month.
Technology errors and omissions insurance (tech E&O) provides coverage when you’re accused of negligence, mistakes, or oversights. It also covers data breaches that affect your business or a client’s operations.
IT businesses accused of making professional mistakes or failing to complete work can be sued in an errors and omissions lawsuit. Disclaimers and insurance coverage can help reduce your risks.
Technology businesses accused of negligence may need to file an errors and omissions insurance (E&O) claim. Learn how this process works, what coverage usually includes, and what your policy might exclude.
An ACORD certificate of liability insurance is a document that provides a summary of your business insurance policy and proves you have liability insurance coverage.
