What’s The Difference Between The Discovery Form And The Loss Sustained Form? When one contrasts the “taking place at any time” to “taking place during the policy period”; it is clear that the discovery form can provide much needed historical coverage for an insured that has not purchased coverage previously and/or who purchased amounts of
Will Errors And Omissions Insurance Cover Auto Repair Shops? Mechanics should carry this style of coverage as well at their shop. Mechanics E&O insurance protects the mechanic for any faulty work or mistakes that may result in damage to what they are in working on. What is covered under errors and omissions? Errors and omissions
How Much Does Error And Omission Insurance Cost? Average costs for E&O coverage are usually $500 to $1,000 per employee, per year. So, if your business has 50 employees, you can estimate your errors and omissions premium to be between $25,000 and $50,000 per year. How much is errors and omissions insurance cost? Average costs