Errors and Omissions Insurance Connecticut

  • Compare prices in a matter of minutes. There’s no commitment to buy
  • Buy online and instantly receive confirmation of your coverage
  • Access only top-quality insurance companies (A-rated or better)

Get instant quotes

What is Errors and Omissions insurance?

Also known as Professional Liability insurance, an Errors and Omissions (E&O) policy protects your business against claims of negligence, misrepresentations, or mistakes. E&O claims are typically made by clients who allege some form of financial damage as a result of your services, products or employees.

According to the U.S. Small Business Administration’s Office of Advocacy, there were 360,127 small businesses in The Nutmeg State in the year 2022. In addition, they comprised 99.4% of all the Connecticut companies, these numbers continue to increase.

No matter what industry you’re in, the type of products you sell or the services you offer, mistakes can happen. Even if you have an impressive track record one error could result in a lawsuit being filed against your company.

Errors & Omissions coverage is essential to small-scale business owners in order to protect their financial security in an extremely competitive market. Your company is secured against claims resulting from your negligence (errors) or insufficient service (omissions).

What does Error and Omissions insurance cover in Connecticut?

In Connecticut, Errors and Omissions insurance can cover a wide range of expenses as long as they are within the limits stated in the insurance contract. This insurance will allow you to save on:

  • Legal Costs Lawyers usually charge an hourly rate. Engaging an experienced lawyer can be costly, even if the case is settled quickly. So the longer the issue is resolved, the more you’ll need to shell out.
  • Court costs – Filing documents in the court’s office, underwriting fees and other administrative expenses, and any associated legal expenses.
  • Settlements to help save each party from the expense of lengthy litigation, generally claims are settled outside of the court. Based on the advice of your legal counsel advises that you may be required to pay the client a specific amount.
  • Judgments – In the event that your case does go to trial, and the judge rules in favor of the plaintiff you’ll be required to settle the amount, or take the risk of having a lien imposed on your company assets

Who needs Errors and Omissions insurance in CT?

Professionals and businesses whose work involves providing clients with expert advice, educated advice as well as solutions to problems or who are able to represent the needs of others are required to purchase Errors and Omission insurance.

Regardless of whether the assertion is true or unsubstantiated, Errors and Omissions insurance helps safeguard your professional image along with your business profits and assets from the potential for costly results.

Many professions may require Errors and Omissions insurance. These include but aren’t the only ones:

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

Speak with our licensed agents today

You can relax knowing you’ve secured the right insurance at a competitive price. BizInsure’s licensed and knowledgeable agents are here to help you find the right product.

How much does Errors & Omissions insurance in Connecticut?

In Connecticut, the average cost for E&O insurance is approximately $752 per year. However, it depends on the business you operate. Similar to other insurances, the more risk element, the greater the amount of premium you’ll need to pay to cover that risk.

These are the factors that affect the price of your Errors and Omissions policy:

  • Your company’s location, risk appetite and priorities
  • Your business’s turnover as well as size
  • How much coverage do you need?
  • If applicable, please include your previous claims background
  • The person being protected – their qualifications, suitability to the position, as well as any previous claims

Get instant quotes

How do I obtain Errors and Omissions insurance for my Connecticut business?

BizInsure makes it simple to compare E&O policies with top-rated U.S. insurers, and determine the most effective coverage for your company for a low cost.

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

bizinsurance makes purchasing Business Insurance...SIMPLE!
Andrea W.
1701380391
Great quality of Service ,faster and convenience way to pay at most. Thank you for your Service to my Healthcare Facility .
Quick and easy!!!!
Terry
1701319042
Great service! Easy process and very informative representative. Andrea was great and very patience with our process. I would recommend using them!!
Terrance R.
1700848536
Always and easy process. Thanks!
Gerald S.
1700244544
Renewal was quick and easy online
Angelita K.
1699752900
I had a great experience working with Andrea from BizInsure. She was extremely knowledgeable, helpful, and responsive throughout the entire process. She guided me through the different options available and helped me find the perfect home care professional liability insurance policy that suited my needs. Her professionalism and expertise made the entire experience smooth and hassle-free. I highly recommend working with Andrea and BizInsure for all your insurance needs.
Juliette S.
1699032636
Easy to submit an application and to get quotes
Simone S.
1698775217
I had the most pleasant prompt and professional experience of my life with Bizinsure. Everything was completed in record time, at an unbelievable cost…and my certificate of Insurance was promptly emailed to me. Most of all it was effective immediately. No hassle no back & forth, just great service highly recommend to all small businesses.
Marcia S.
1698407456
Excellent
advanced U.
1697824466
Great service. Very professional and cordial. Thanks
Jeremiah U.
1697064641
BizInure has been a great company for our insurance needs. I wish customers services was 24/7, that would make it a five stars
Novilette L. J.
1696828014
Easy to navigate what you need. Always notify ahead of renewal!
Athena T.
1696646371
This is the best company I have ever worked with. They are professional and get you exactly what you need. I highly recommend them!
Jim P.
1696451803
this is really easy
Riaz R.
1696428004
Andrea was very useful and professional. I will be recommending Biznsure to my friends that need business insurance. Keep up the good work. I wish the agency also offers auto insurance and whenever you do I will be one of the first to sign up as sign of my appreciation.Mike Okonkwo.
Mike O
1696282284
Kalab was excellent. Great, great Agent. Every step was organized and well planned. I WILL recommend your firm to anyone. Thank you...
Easy to renew Policy
Plain S.
1695644756
Great total experience. The agent was professional, knowledgeable,and a pleasure to work with. The fastest business insurance purchase I've ever experience. I highly recommend Bizinsure.
Tony W.
1695492357
Communication was excellent and the process was easy.
Jessie R.
1695153508
I have been using Bizinsure for several years and find the ease of renewing as well as generating additional insured certificates to be easy and useful, especially as a sole prop. thank you
Michelle C.
1695060008
Kaleb tailored the right coverage to our business. Customer service was good and gave great understanding of coverage. Thank you from Goleda's Gentle Homecare LLC
Aneesah M.
1695056651
A GOOD COMPANY FOR HEALTH CARE INC
Supreme A.
1694871640
Easiest & fastest online quote and purchasing experience out there. Inside of 10 minutes I had a quote, payment draft, and policy in force... and at the most competitive GL rates I found.
Rusty H.
1694699044
very quick and prompt service.
Sally Jo W.
1694180429
caleb was great in helping me navigate thecorrect liabilty insurance for my company
Lindsay Erin P.
1694135867
Friendly fast service I recommend you to all vendors
Terry R.
1694133043
Great
Kemi S.
1694119021
Great Customer service and easy renewal process!!!! I would refer this company to anyone.
Chris H.
1694038325
Great company easy to work with, Andrew was very helpful,you can call him any time he is ready to listen and help
Olu A.
1693959486
Good customer service indeed
BASSI T.
1693944217
js_loader
Google Rating
4.6
Based on 214 reviews
×
js_loader