Errors and Omissions insurance helps protect your business in Ohio from claims of:
- Negligence
- Errors in services provided
- Omissions
- Misrepresentation
- Breach of good faith and fair dealing
- Incorrect advice
If someone sues your business for an error in the professional services you've provided, this insurance can help cover your expenses, including:
- Attorney fees, ranging from $3,000 to $150,000.
- Court costs, including expert witness fees and courtroom reservations.
- Administrative costs, such as court reporters or office managers.
- Judgments and settlements, which can reach thousands or even millions of dollars.