Commercial Auto Insurance

Errors and omissions insurance is essential for professionals like consultants, accountants, and lawyers. It protects against claims of negligence or inadequate work, covering legal fees and settlements. This insurance is crucial for maintaining professional reputation and financial stability.

Professionals without errors and omissions insurance could face ruinous legal fees and damage awards if sued for professional mistakes. For instance, if an accountant makes a significant error in a client’s tax returns leading to a lawsuit, they would be responsible for all related costs without insurance.

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