Errors and Omissions Insurance in
North Dakota

  • Compare quotes in a matter of minutes with no commitment to buy
  • You can purchase online online to receive the confirmation of your coverage
  • Access only top-quality insurance companies (A-rated or better)

Get instant quotes

What is Insurance for Errors and Omissions Insurance?

Errors and Omissions Insurance also known as Professional Liability cover protects businesses and professionals from financial losses arising from negligence or error during the delivery of professional services.

According to the U.S. Small Business Administration (SBA) Office of Advocacy as of 2022 there are 75,265 small businesses in Peace Garden State. While they account for 99.8% of all the state’s businesses, these figures are on the rise.

No matter which field you are in, the type of products you sell, or the nature of your services there is always the potential for making mistakes. Even if you have an excellent track record any error can result in a lawsuit being filed against you business.

In a highly aggressive business environment, and where clients are becoming more demanding, Errors and Omissions Insurance that is also called Professional Liability Insurance, is needed to help small business owners safeguard their future financials. Errors and Omissions Insurance covers your business against claims as caused by your negligent actions (errors) or poor services (omissions).

What does Error and Omissions Insurance cover?

In Peace Garden State, E&O insurance is a broad range of expenses, up to the limit that is specified in your insurance contract. You can save:

  • Legal costs – Most lawyers have an hourly charge. The cost of hiring a competent lawyer is costly, even if the matter is resolved swiftly. The longer it takes for the case to be settled, the more money you will need to pay.
  • Court Expenses – Filing papers with the court expenses, underwriting charges, and other administrative expenses.
  • Settlements are a way to save both parties money from expensive long-drawn-out litigation, usually claims are settled outside of court. Depending on what your legal advisor advises it is possible to pay the client a specific amount.
  • Judgments – If your case goes to trial and the judge finds for the plaintiff then you’ll be required to pay the judged amount. In the event that you do not, there is the possibility of a lien being placed on your assets as a business.

Who needs Errors and Omissions insurance?

Errors & Omission insurance is recommended for professional and business owners whose work involves giving advice, providing guidelines, or creating solutions.
No matter if the claim is valid or not, Errors & Omissions insurance can protect you, your business, and your image from costly consequences.
Professions that typically need E&O insurance include but are not limited to:

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.

What is the cost for Errors and Omissions insurance in ND?

The average annual cost for E&O insurance in North Dakota is $600 per year. However, it depends on your particular business. Similar to other insurances the more risk factor, the more premium you’ll have in order to cover that risk.

Factors that will determine the expense of your errors and Omissions are:

  • Your business’ priorities, location and risk appetite
  • The size and turnover of your business
  • The amount of insurance coverage you need
  • If so, what was your prior claims experience
  • The person being covered is their skills, qualifications, and suitability for position and whether they have any claims history

Get instant quotes

How can I obtain E&O insurance for a business in North Dakota?

BizInsure lets you compare E&O policies with the highest-rated U.S. insurance providers, and determine the most effective insurance 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 #0H819299
This company allowed us an amazing experience, including very efficient, detail-oriented, and patient guidance from their commercial sales agent, Jenifer. I highly recommend this service for anyone in need of a business insurance policy.
Jennifer was very helpful and great to work with.
Very professional, fast and reliable. I appreciate their knowledge and experience. They have made this journey easier for me.
Very easy to renew! Thank you
super quick and easy process!
I am very satisfied with Bizinsure. No regrets
Very professional, easy, and thorough application process.
BizInsure is efficient and price friendly. I definitely reccommend them to anyone. Thank you.
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.
Great process and very efficient.
Friendly and very fast service!
Jennifer Whiscombe, is an amazing agent. She was very knowledgeable, thorough and friendly. I highly recommend.
They make it very easy to buy insurance and renew.
As a business owner I love not wasting time. Thank you so much for giving me more time
Very straight forward, the cost of coverage amount made sense, simplicity was appreciated.
Always easy. Thank you.
A Company that is easy to deal with and that I have used for several years. I appreciate the continued support.
Very easy and affordable!
Responsive and professionalCompetitive price. I highly recommend Bizlnsure as an insurance provider
Your service is easy to renew as needed and your company informs the client in advance for renewal.
It has been a pleasure doing business with Biz Insure Llc.Their representatives are very courteous, helpful and customer service oriented.
Quick and easy....
I follow the instructions & would prefer to paid every month. I did not have the options to pay every month.
Thank you, Amy, for making my experience enjoyable and funny. Thank you so much for your kindness!!!
I'm pleased with the business quote I received from Bizinsure LLC. Thank You!
Very satisfied with the online experience
Been a happy customer for years! Easiest company to receive a quote and get insured. No hassles! Easy payment! Finance plans, if needed!
Love it
Every year, BizInsure is my go to for general and professional liability insurance! Thenrates are unbeatable.
The agent was quick and efficient in generating a quote for my needs.
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!
Very easy to sign up for insurance.
Great company
Fast and efficient!
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.
Google Rating
Based on 276 reviews