Errors and Omissions Insurance in Montana

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

Get instant quotes

What is Errors and Omissions insurance?

Errors and Omissions (E&O) insurance can protect professional service providers from potentially devastating financial damages resulting from alleged negligence or error in the delivery of your services. E&O insurance is sometimes referred to as Professional Liability insurance.

According to the U.S. Small Business Administration (SBA) Office of Advocacy as of the year 2022, there were 129,180 small-scale businesses in Montana. Even though they made up 99.3% of all the Montana businesses, the numbers are steadily on the rise.

There are many opportunities to make mistakes, no matter which industry you’re in, the products you offer, or the nature of your business. Even if you have an excellent track record but it only takes one error to bring a suit against your company.

Errors and Omissions insurance is vital for small-scale business owners protect their financial security in today’s highly competitive market. Your business is protected against claims resulting from your carelessness (errors) and insufficient services (omissions).

What does Errors and Omissions insurance cover?

Errors and Omissions insurance covers your legal expenses up to the limit specified in your contract. This typically includes:

  • Legal fees – Most lawyers charge an hourly fee. Even if the matter can be resolved in a short time but it’s expensive to find a good legal advisor. Therefore, the longer it takes to get resolved, the more you’ll have to pay.
  • Court Charges – Filing documents in the court’s office, charges for underwriting along with other administrative costs and any other legal costs.
  • Settlements – To facilitate saving both parties money from expensive long-drawn-out legal proceedings, most cases are settled out of court. Based on the advice of your lawyer’s recommendations are, you might have to pay the client a set amount.
  • Judgments – In the event that your case goes 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 placed upon your assets as a business.

Who may need Errors and Omissions insurance in Montana?

Errors & Omissions insurance is recommended for professional and business owners whose work involves giving advice, providing suggestions, or conceiving solutions.

No matter if the claim is genuine or not, Errors and Omissions insurance will protect your professional reputation as well as your business’s profits and assets from costly consequences.

Many professions consider Errors and Omissions insurance. This includes:

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 and Omissions Insurance cost in Montana?

In Montana, the average cost for E&O insurance is $629 per year. However, it depends on your particular business. Similar to other insurances, the higher your risk, the more you’ll need to pay to cover that risk.

These are some of the factors that can affect the expense of your Errors and Omissions policy:

  • Your business’s priorities, location and risk appetite
  • The size and turnover of your business
  • What is the amount of insurance you need?
  • Your prior claims history If any
  • The applicants – their qualifications, their suitability for the job , and if they have any previous history of claims

Get instant quotes

How do get Errors and Omissions insurance for Montana business?

BizInsure makes it simple to compare E&O policies against top-rated U.S. insurers and to find the most comprehensive coverage for your small enterprise at an affordable 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
Friendly and very fast service!
Patricia S.
Jennifer Whiscombe, is an amazing agent. She was very knowledgeable, thorough and friendly. I highly recommend.
Ebony D.
They make it very easy to buy insurance and renew.
Bill N.
As a business owner I love not wasting time. Thank you so much for giving me more time
mario S.
Very straight forward, the cost of coverage amount made sense, simplicity was appreciated.
Jean H.
Always easy. Thank you.
Dave C.
A Company that is easy to deal with and that I have used for several years. I appreciate the continued support.
Sam M.
Very easy and affordable!
Volanda H.
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 (.
Responsive and professionalCompetitive price. I highly recommend Bizlnsure as an insurance provider
Zynab B.
Your service is easy to renew as needed and your company informs the client in advance for renewal.
Henry B.
It has been a pleasure doing business with Biz Insure Llc.Their representatives are very courteous, helpful and customer service oriented.
Shonta I.
Quick and easy....
Tammy K.
I follow the instructions & would prefer to paid every month. I did not have the options to pay every month.
Alamo H.
Thank you, Amy, for making my experience enjoyable and funny. Thank you so much for your kindness!!!
George J.
I'm pleased with the business quote I received from Bizinsure LLC. Thank You!
Shanda J.
Very satisfied with the online experience
Nicole h
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.
Love it
Hanna R.
Every year, BizInsure is my go to for general and professional liability insurance! Thenrates are unbeatable.
Calandra K.
The agent was quick and efficient in generating a quote for my needs.
Theresa F.
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.
Very easy to sign up for insurance.
Great company
Brown G.
Fast and efficient!
Kim C.
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.
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.
Great company for.your low cost business insurance needs.
constantin T.
Staff was very fessional and friendly. I was able to get a quote and move forward within 20 minutes.
Pebbles S.
Complete C.
Super easy process.
Ashley G.
It’s very easy to understand and at a very reasonable price.
Mary M.
Professionalism, Quality, Responsive and budget friendly
Great rates, easy to understand and select appropriate coverage, can get in a jiffy
Brie C.
I have been a customer of BizInsure for a few years now and I love it. There customer service is awesome and the prices are affordable.
Danyale W.
Quick easy experience! The rep was knowledgeable & pleasant. Customer care was awesome to respond and clarify my concerns.
Kathy Ann A.
Google Rating
Based on 262 reviews