Errors and Omissions Insurance California

  • Compare quotes in minutes, with no obligation to buy
  • Buy online and receive coverage confirmation – instantly
  • Access only top-quality insurance companies (A-rated or better)

Get instant quotes

What is Errors and Omissions insurance?

According to the U.S. Small Business Administration (SBA) Office of Advocacy, as of 2022, there were 4.2 million small businesses in California. While they accounted for 99.8% of all the state’s businesses, these figures are steadily on the rise.

Regardless of which industry you are in, the type of products you sell, or the nature of the services you provide, there are always possibilities to make mistakes. While you may have an excellent track record, all it takes is one error to bring a lawsuit against your business

Therefore, in a highly competitive business environment, where clients are increasingly becoming more exacting in their demands, Errors and Omissions Insurance, which is also called Professional Liability Insurance, is needed to help small business owners to protect their future finances. Errors and Omissions Insurance covers your business against claims as a result of your negligent actions (errors) or inadequate services (omissions).

Get instant quotes

What does Error and Omissions Insurance cover?

In California, Error and Omissions Insurance covers a range of expenses, up to the limit specified in your insurance contract. It will help you save:

  • Legal Costs – Lawyers typically charge an hourly fee. Hiring good legal counsel is expensive, even if your case is resolved quickly. So the longer the issue takes to get resolved, the more you have to shell out.
  • Court Expenses – Filing documents with the court, underwriting charges, other administrative costs, and any related legal expenses.
  • Settlements – To facilitate saving both parties money from expensive long-drawn-out litigation, usually claims are settled out of court. Depending on what your legal counsel advises, you might have to pay the client a certain amount.
  • Judgments – In the eventuality your case does go to trial, and if the judge rules in favour of the plaintiff, you will have to pay the adjudged amount or run the risk of a lien being placed on your business assets

Get instant quotes

Who needs Errors and Omissions insurance?

Businesses and professionals whose work pertains to providing clients with advice, educated recommendations, designing solutions or those who represent the needs of others should get Errors and Omission insurance.

Regardless of whether the associated claim is legitimate or baseless, Errors and Omissions insurance will protect your professional reputation, your profits and business assets from potentially expensive consequences.

Professions that typically need Error and Omissions insurance include but are not limited to:

Architects Notary Publics 
Consultants Personal Trainers
Engineers  Pilates Instructors 
Home Care Providers and Businesses Yoga Instructors 

How much does Errors and Omissions insurance cost in California?

In California, though the annual average cost of Error and Omissions insurance is approximately $773, it depends on the nature of your business. As with all other insurances, the higher the element of risk, the more premium you will need to pay to cover that risk.

Factors that will determine the cost of your Errors and Omissions are:

  • Your business’ priorities, location and risk appetite
  • Your business’ turnover and size
  • The amount of insurance cover you need
  • Your previous claims history, if any
  • The individuals being covered – their qualifications, suitability for the job and if they have any history of claims

Get instant quotes

As with any insurance, coverage will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained on this guide is general only and should not be relied upon as advice. The number of quotes provided varies between products, occupations and other underwriting factors determined by the insurers.
© Copyright 2023 BizInsure LLC, 2015 ALL RIGHTS RESERVED BizInsure LLC; CA DBA: Simple, Smart, BizInsure Insurance Agency LLC; NY DBA: BizInsure Services LLC; NH DBA: Simple, Smart, BizInsure Insurance Agency; PA DBA: BizInsure Services LLC. 2950 Buskirk Ave Suite 300, Walnut Creek CA 94597. License #0H81929
Great process and very efficient.
Friendly and very fast service!
Patricia S.
1713020220
Jennifer Whiscombe, is an amazing agent. She was very knowledgeable, thorough and friendly. I highly recommend.
Ebony D.
1712939806
They make it very easy to buy insurance and renew.
Bill N.
1712763118
As a business owner I love not wasting time. Thank you so much for giving me more time
mario S.
1712678018
Very straight forward, the cost of coverage amount made sense, simplicity was appreciated.
Jean H.
1712557699
Always easy. Thank you.
Dave C.
1711734978
A Company that is easy to deal with and that I have used for several years. I appreciate the continued support.
Sam M.
1711718774
Very easy and affordable!
Volanda H.
1711024298
Very easy to work with, cost effective, prompt renewal and easy to get certificates of insurance instantly. I use them exclusively for my professional and general liability insurance needs as a consultant.
Larry (.
1710956598
Responsive and professionalCompetitive price. I highly recommend Bizlnsure as an insurance provider
Zynab B.
1710433556
Your service is easy to renew as needed and your company informs the client in advance for renewal.
Henry B.
1710352389
It has been a pleasure doing business with Biz Insure Llc.Their representatives are very courteous, helpful and customer service oriented.
Shonta I.
1710297732
Quick and easy....
Tammy K.
1710172643
I follow the instructions & would prefer to paid every month. I did not have the options to pay every month.
Alamo H.
1709935830
Thank you, Amy, for making my experience enjoyable and funny. Thank you so much for your kindness!!!
George J.
1709840615
I'm pleased with the business quote I received from Bizinsure LLC. Thank You!
Shanda J.
1709586997
Very satisfied with the online experience
Nicole h
1709238653
Been a happy customer for years! Easiest company to receive a quote and get insured. No hassles! Easy payment! Finance plans, if needed!
jodi H.
1709226367
Love it
Hanna R.
1708272180
Every year, BizInsure is my go to for general and professional liability insurance! Thenrates are unbeatable.
Calandra K.
1708044666
The agent was quick and efficient in generating a quote for my needs.
Theresa F.
1707895796
I enjoy working BizInsure they always answer all my questions and make sure i have the correct coverage for my business.
Prompt and professional service from Biz Insure. Thanks Leslie and Liza!
Bev G.
1707524454
Very easy to sign up for insurance.
Great company
Brown G.
1706896003
Fast and efficient!
Kim C.
1706746693
It was great being able to get a policy that suits my company's need in less than 30 minutes. They were vey thorough. Very competitively priced.
Lynette C.
1706621476
I worked with Andrea for another start up business. She was very knowledgeable and help me pick the correct policy. Amazed at how quickly the process went.
Representative was very kind, helpful, and educated me well. I appreciated today's prompt service with confirmation that I was satisfied with what was provided to me.
Tina P.
1706224051
Great company for.your low cost business insurance needs.
constantin T.
1706156911
Staff was very fessional and friendly. I was able to get a quote and move forward within 20 minutes.
Pebbles S.
1706126428
Wonderful
Complete C.
1705788054
MUY BUENO
Super easy process.
Ashley G.
1704830227
It’s very easy to understand and at a very reasonable price.
Mary M.
1703780096
Professionalism, Quality, Responsive and budget friendly
B D
1703029371
Great rates, easy to understand and select appropriate coverage, can get in a jiffy
Brie C.
1702775397
js_loader
Google Rating
4.7
Based on 265 reviews
×
js_loader