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E&O Insurance: Everything You Need To Know And More

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E&O Insurance: Everything You Need To Know And More

  1. 1. E&O Insurance Guide E&O = Errors & Omissions
  2. 2. What does E&O cover? • Negligence • Errors in services given • Omissions • Misrepresentation • Violation of good faith and fair dealing. • Inaccurate advice.
  3. 3. What can't it cover? • Illegal acts and purposeful wrongdoing • Bodily injury or property damage • Employee injuries or illnesses • Discrimination or harassment
  4. 4. How much does it cost? The average company spends $1,735 on E&O insurance a year. This cost can vary due to: • Industry • Risk appetite • Financial position • Revenue • Claims history • Company size
  5. 5. Chart of cost examples by industry Industry Average Yearly Cost of E&O Insurance Average Monthly Cost of E&O Insurance Building Design $1,704 $142 Media & Advertising $845 $70 IT/Tech $730 $61 Real Estate $665 $55 Consulting $650 $54 Insurance $550 $46 Finance & Accounting $400 $33 Medical/Health $7,400 $617
  6. 6. Best E&O Insurance Carriers of 2021 • Best Overall: AIG • Best for Freelancers and Independent Contractors: Pogo • Best for Medical and Healthcare Providers: The Doctor’s Company • Best for Lawyers: Embroker • Best for Small Businesses: Thimble Insurance • Best for Realtors: Hiscox
  7. 7. Thanks for your time! Feel free to contact us with any questions or comments, or if you want to find an agent for E&O insurance.

Don't struggle to get the best insurance agent in your locality, visit https://insurance.agencyheight.com/ and have the liberty to choose between multiple insurance agents. Open the next link to find out more about E and O insurance, please visit: https://www.agencyheight.com/e-and-o-insurance/ The video is showing E and O insurance information but also try to cover the following subject: -e&o insurance -insurance -review cheap e&o insurance for insurance agents Youtube is the best website to visit when looking for videos about E and O insurance. E and O insurance is obviously something that intrigues you and a lot of people so I made this video about this topic. This YouTube channel has other related video clips regarding e&o insurance, insurance and review cheap e&o insurance for insurance agents Please check them out: https://www.youtube.com/channel/UCIqvHiFMw7exM5cs8Csm0zQ If you were searching for more information about e&o insurance or insurance did this video aid? Possibly you want to comment below and let me understand what else I can assist you with or information on E and O insurance.

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