Why You Need Errors & Omissions Insurance Regardless of what kind of business you own, customers can claim that something you did on their behalf was done incorrectly, and that this error cost them money or caused them harm in some way. What Errors & Omissions Insurance Is In the litigious world we live in today, many business owners protect themselves with errors and omissions insurance (E&O). This type of insurance may be appropriate for anyone who gives advice, makes educated recommendations, designs solutions or represents the needs of others, such as teachers, consultants, software developers, ad copywriters, web page designers, placement services, telecommunication carriers or inspectors. How Errors & Omissions Insurance Works Although formalizing a contract with your clients can help limit your liability, the big expense in an errors and omissions claim is the legal defense needed to prove liability or innocence. Errors & Omissions policies are designed to cover many of these defense costs and ultimately the final judgment if the business owner does not win the case. Premiums & Cost Our minimum premium is $1000 unless you are buying Notary Errors & Omissions Coverage. (Click here for Notary Errors & Omissions Insurance Information.) Click here for the instructions for requesting a quote and/or applying for this coverage.