Blog Archives
Understanding Your E&O Insurance Policy
Across the United States, E&O Insurance policies vary in terms of coverage, limits and definitions. Understanding a few basic insurance terms can help you when you’re applying for quotes, reviewing your coverage, and/or submitting an insurance claim. Key E&O Insurance Terms LAPSE: The policy for which all benefits to the policy holder cease and is terminated […]
The Differences Between General Liability and Errors and Omissions Insurance
Even seasoned home inspectors can be unaware of the nearly infinite number of hidden dangers in a home that can wreak both financial and physical damage to homeowners and occupants. Regardless of how thorough their inspection, it is the home inspector that will be held accountable for the fallout from not identifying and reporting the […]
E&O Insurance for Home Inspectors Explained: Retroactive Insurance
All professionals are open to insurance claims especially home inspectors looking for E&O insurance, and ensuring that their business is properly protected against claims is an essential task for business owners. Because some claims may not be reported until months, or sometimes years, after the even that triggered them it can be necessary for businesses […]
Errors and Omissions Insurance : A Quick Synopsis
Unfortunately, accidents happen. Even the most meticulous professionals can make a simple mistake, whether it’s missing an important deadline, making a bookkeeping error, or just plain overlooking something. That’s why consummate pros can find themselves embroiled in costly and lengthy legal battles no matter how careful they are. Nobody wants to face litigation. No matter […]