errors and omissions (e&o) insurance

How to Choose the Right E&O Insurance?

Choosing the right E&O insurance involves assessing the specific risks associated with your business and comparing different policies. Consider the following factors:
- Policy Limits: Ensure the coverage limits are sufficient to protect against potential claims.
- Deductibles: Higher deductibles can lower premium costs but require more out-of-pocket expenses in a claim.
- Industry-Specific Coverage: Some policies offer specialized coverage tailored to specific industries.
- Reputation of the Insurer: Choose an insurer with a strong reputation and financial stability.

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