Professional Liability Insurance Vs. Malpractice Insurance, what are the main differences? As a an attorney or title agent, you probably know that it’s in your best interest to have adequate E&O insurance in place to protect you and your business should a mistake happen that affects a client. When looking into your insurance options or…
Do you have the best E&O insurance policy for your law firm or title agency? Errors and omissions (E&O) insurance is a necessity for every attorney and title agent. It’s a prudent and practical way to ensure your firm or agency is protected from financial losses in case you make an error or are accused…
How to find the best E & O Insurance Provider for Your Firm or Agency A huge part of being an attorney or title agency means having to purchase errors and omissions (E&O) insurance. However, choosing the right insurance plan can be complicated and overwhelming. There are many insurance companies on the market that…
How Errors and Omissions Insurance Protects Title Agencies Making a professional mistake, or just being accused of one, can result in legal claims or lawsuits. As a title agent, your clients expect superior performance and error-free results. That said, some clients do not hesitate to take legal action if they believe they’ve suffered financial losses.…
Why do your clients look for firms with E&O insurance? You need errors and omissions insurance (E&O) to protect you financially from legal costs or damages that may arise. As a professional, you’re expected to adhere to certain standards and best practices for your firm or agency. If a client is unsatisfied with your services,…
Errors and Omissions insurance (E&O) is a unique form of professional liability insurance designed to protect law firms and title agencies against damages or the costs of defending lawsuits arising from errors or omissions in the performance of professional duties. An E&O policy often covers court costs, attorney fees, administrative costs for handling case files,…
What is E&O Insurance? Your Ultimate Guide to Errors and Omissions Insurance It’s designed to provide coverage or shield lawyers from financial losses arising from lawsuits instituted by clients for perceived errors stemming from their practice. A liability policy pays on behalf of the “Named Insured.” Read on to find out what is E&O insurance,…
Attorneys handling property transfer cases have a fiduciary responsibility to the title agent, escrow/closing agent, abstractor, title examiner, or notary public
Errors and Omissions Insurance (E&O), also referred to as Professional Liability Insurance, provides a safety net for law firms. This insurance policy helps protect