Protecting Yourself When It Matters Most with Error and Omission Insurance in New York
At Kaplan Insurance, we understand that even the most experienced professionals can make mistakes.
That’s why we offer Errors and Omissions Insurance (E&O), designed to protect businesses and individuals from the financial impact of errors, omissions, or negligence in their professional services. E&O insurance provides a vital safety net, covering legal defense costs and potential settlements if a client alleges that your work caused financial harm. With this specialized insurance, you can focus on delivering quality service with the peace of mind that your business is protected against unforeseen risks.
Errors and Omissions Insurance is essential for professionals in a variety of industries, from consultants and financial advisors to real estate agents and IT specialists. At Kaplan Insurance, we tailor our E&O policies to meet the requirements and standards of each profession, ensuring that you’re covered for industry-specific risks. A claim can arise from something as simple as a missed deadline or an unintentional oversight, and even minor errors can lead to costly lawsuits. Our E&O coverage not only protects your business assets but also reinforces trust and credibility with clients who know you’re committed to accountability.
Choosing Kaplan Insurance for your E&O coverage means you’ll receive personalized service and guidance to ensure you have the right level of protection. Our experienced team takes the time to understand the nuances of your business so that your coverage is comprehensive and customized. We’ll help you navigate the complexities of E&O insurance, from policy selection to claim assistance, so you can stay focused on growing your business confidently. Let us be your partner in risk management, safeguarding your hard-earned reputation and future.
Our E&O Policies Protect You Against:
- Professional Negligence: Covers claims arising from mistakes, oversights, or inadequate work that cause financial harm to a client.
- Misrepresentation: Protects against claims that allege inaccurate information or advice was given, leading to financial loss for the client.
- Failure to Deliver Promised Services: Covers situations where services were not provided as promised or agreed upon, resulting in financial damages.
- Legal Defense Costs: Covers the legal fees and court costs associated with defending against claims, regardless of whether the claim has merit.
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Contact Kaplan Insurance for the best rates on Error & Omission insurance policies.
We can be reached at 845-297-3266.
FAQs
What does Errors and Omissions (E&O) insurance cover?
E&O insurance protects professionals and businesses from claims of inadequate work, negligence, or mistakes made while providing professional services. It typically covers legal defense costs and settlements if a client alleges that errors or omissions in the service caused them financial loss.
Who needs E&O insurance?
Professionals such as consultants, real estate agents, financial advisors, insurance agents, and other service providers benefit from E&O insurance. It is essential for any business that offers expertise or advice, as even minor mistakes or miscommunications could lead to costly legal claims.
How does E&O insurance differ from general liability insurance?
While general liability insurance covers bodily injury, property damage, and related risks, E&O insurance specifically addresses claims of professional mistakes, negligence, or failure to perform services. Both types of insurance are valuable but cover different types of risks.
Kaplan Provides All Forms Of Insurance
Why not place all yours together with Kaplan to save money and improve your customer experience?
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