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Errors & Omissions

Also known as Professional Liability

Coverage for the services you provide to clients

Instant Quote

Who needs it?

  • A work desk with a cup of coffee, tax documents, a calculator on top of a yellow notepad, and a pen on dark surface.

    Accountants

    A client sues their tax preparer due failing to submit their return on time.

  • Scrabble tiles spelling out 'REAL' and 'ESTATE' on a wooden surface.

    Real Estate Brokerages

    A client sues their broker due to failing to disclose a major defect of the property they just purchased.

  • A surgeon wearing surgical scrubs, mask, glasses, and a cap leaning over during a procedure.

    Healthcare Professionals

    A patient sues their doctor over the results of a surgery.

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  • Also known as a retroactive date, is simply how far back in your policy is willing to cover. With few exceptions, this feature is unique to E&O policies.

    Example - If your policy is effective 1/1/2024 with a retroactive date of 1/1/1999, your policy will cover a claim that occurred 1/3/2005.

    Usually, the older the retroactive date, the higher the premium.

  • All businesses are at risk of error. This policy indemnifies against such expenses.

    If you provide your client with bad advice, and are sued, this policy will cover your legal fees up to the policy limits.

    For some industries, this policy is required.

  • It covers claims for breach of contract, failure to complete tasks, and disappointment of services. You can imagen how important this coverage would be for doctors and lawyers.

  • The underwriting will determine cost according to how risky you seem to them. The following is a list for you to reference.

    Where is you business located?

    What is your annual revenue?

    How long have you been in business?

    How many years of experience do you have.

    What are your preferred limit of insurance?

    What is your preferred deductible?

    How may employees do you have?

    In our experience, the biggest factors are 1)what are your limits of insurance 2) What is your annual revenue, and 3) what is your line of business.

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Here’s a few things to know about Profession Liability coverage:

Our clients like us, a lot!

  • Tax Preparer

    “I really appreciate you getting these quotes so quickly. ”

  • Real Estate Broker

    “You rock! I’m referring you to my colleagues.”

  • Psychologist

    “You found me a better policy, and much faster than my last broker.”

There’s lots to love about Erazo Insurance Services

  • A smiling man with glasses and a beard, wearing a green shirt, in an indoor setting.

    Your broker will always be your point-of-contact.

  • A young man with dark hair and blue eyes smiling at the camera, wearing a blue and white checkered shirt with a maroon tie, standing outdoors against a blurred textured background.

    We shop for you year after year.

  • A young man wearing glasses and a black suit smiling outdoors with trees and a fence in the background.

    We are easy to get a hold of. Just call, text, or email.

Meet the Team