Policies For Insuring Against Errors & Omissions
If your business is in one of the professional fields as diverse as accounting, architecture, attorney, broker, consulting, real estate broker, or one of the numerous fields that pertain to a Professional nature, having an Arizona Errors & Omissions insurance policy, also sometimes known as Professional Liability Insurance Coverage, is a very valuable part in protecting your AZ business should a claim be filed against it.
Obtaining E & O Insurance In Phoenix Arizona
By acquiring a Phoenix Errors and Omissions Insurance policy you are taking the first step to protect your company and employees against claims made by your clients for alleged negligent actions or inadequate work. Both court costs and any potential settlements may be covered by an Errors and Omissions Insurance policy up to the limits specified on your Scottsdale business insurance policy. In the world in which we currently conduct business, most business owners will tell you that any accusation of negligence or the failure to perform your company’s professional services are things that any professional services company can be sued for, even if it is just an allegation. Assuming that later on these accusations are found to completely untrue, what do think the potential legal bills will be just defending your company?