If you have been in business for any length of time, you are aware of certain risks involved. With your employees, if you have any, you will be required to cover them with Worker’s Compensation. If employees get hurt while on the business premises, they will be covered. You can also choose to insure the property of your business as well as the equipment used in its operations. This protects you from loss or damage. These are both familiar types of insurance that most businesses commonly carry.
There is a risk that many businesses are not familiar with and that is the risk of getting sued for damages as a result of advice given or services performed. It is known as Professional Liability insurance. You may have heard this referred to as Errors & Omissions (E&O) insurance. Walker Professional Liability protection can handle this type of risk.
Associates at Walker know that the requirements for this type of insurance are going to be different for each type of business. E&O policies tend to be complicated and Walker Associates can help explain exactly what is being covered as determined by analyzing the services you offer.
It is not easy to find insurance companies that can offer Errors & Omissions policies. This is because carriers don’t want to provide this kind of coverage due to the risk. Walker Professional Liability associates have been working closely with carriers and can negotiate the right protection along with a price that is within your budget.