Errors and Omissions Insurance in

  • Compare prices in minutes. There’s no commitment to purchase
  • 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?

Errors and Omissions (E&O) insurance protects you from claims raised due to unintentional mistakes made in the professional capacity. E&O insurance is also called Professional Liability insurance.

According to the U.S. Small Business Administration’s Office of Advocacy, there are 367,405 small-scale businesses in the Sooner State as of 2022. They are responsible for 99.4 percent of all state-wide businesses However, the numbers are on the rise.

There are many opportunities to be a victim of mistakes, regardless of which industry you’re in, the products that you market or the nature of your business. Even if you have a great track record the only thing you need is one mistake to cause suit against your company.

Therefore, in a competitive business environment, in which clients are increasingly becoming more exacting in their demands, Errors and Omissions insurance helps small business owners secure their financial futures. Errors and Omissions insurance safeguards your company against claims arising from your negligent acts (errors) or inadequate services (omissions).

What does Error and Omissions insurance cover?

Errors and Omissions insurance in Oklahoma covers costs up to the maximum amount stipulated in your contract. It helps you pay for unplanned expenses, like:

  • Legal costs – Lawyers generally charge an hourly fee. Even if a case is settled quickly, it can be costly hiring a reputable legal professional. Therefore, the longer it needs to be resolved the more you have to pay.
  • Court Expenses – Filing documents with the court, charges for underwriting or other administrative costs and any legal costs related to it.
  • Settlements – To make both sides financially more efficient and to avoid costly, lengthy litigation costs, most claims are settled without the courtroom. Depending on what your legal counsel advises on your behalf, you may have to pay your client a specific amount.
  • Judgments – If your case is put to trial, and the judge makes a ruling for the plaintiff then you must pay the amount adjudged. If you don’t, there’s the possibility of a lien being secured against the assets of your business.

Who needs E&O insurance in Oklahoma?

Errors and Omissions insurance is recommended for businesses and professionals whose job involves offering advice, providing educated guidelines, or creating solutions.

Regardless of whether the associated claim is genuine or not, Errors and Omissions insurance protects your professional reputation along with your business profits and assets from potentially expensive negative consequences.

Many professions may require Errors and Omissions insurance. These include among others:

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 in Oklahoma?

In Oklahoma, the average cost for E&O insurance is $886 per year. However, it depends on the business you operate. Like many insurances, the riskier the element is, the more you’ll likely have to pay for it.

These are the factors that can affect the cost of your Errors and Omissions coverage:

  • The priorities of your business place of operation, as well as risk appetite
  • The size and turnover of your business
  • The amount of insurance coverage you require
  • The history of your previous claims If you have you have any
  • The people being covered are their qualifications, suitability for the job, and any previous claims

Get instant quotes

How can I get E&O insurance for my Oklahoma business?

BizInsure allows you to compare E&O policy options with top U.S. insurance companies, and get excellent insurance for small-scale businesses 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
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.
alireza J.
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.
bizinsurance makes purchasing Business Insurance...SIMPLE!
Andrea W.
Great quality of Service ,faster and convenience way to pay at most. Thank you for your Service to my Healthcare Facility .
Quick and easy!!!!
Great service! Easy process and very informative representative. Andrea was great and very patience with our process. I would recommend using them!!
Terrance R.
Always and easy process. Thanks!
Gerald S.
Renewal was quick and easy online
Angelita K.
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.
Easy to submit an application and to get quotes
Simone S.
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.
advanced U.
Google Rating
Based on 244 reviews