Protecting New Jersey Professionals

NJ errors and omissions

The great state of New Jersey is home to a diverse range of industries and businesses propelling their economy forward. For companies offering a professional service, general liability coverage policies may not be enough. A NJ errors and omissions policy can reduce the risks of undesirable lawsuits.

The Protection It Offers

Errors and omissions coverage (E&O) is for professional liability that may arise from claims of failure to provide a service or incidents related to the services provided. Without this insurance, the full cost of your legal defense, awarded damages and court cost in the event of a client claim is your responsibility. At a bare minimum, this will cost your agency or company thousands of dollars. When you carry an E&O policy, the insurance company will assist with the financial costs just mentioned, provided intentional fraud or other illicit activities took place.

Who It’s For

A NJ errors and omissions policy would be good for the following companies or services operating within the state.

  • Home Health Aides
  • Architects
  • Consultants
  • Social Workers
  • Nutritionists/Dieticians
  • Accountants
  • Occupational Therapists
  • Insurance Agents
  • Psychologists
  • Therapists

While we understand that most individuals would not purposely jeopardize their client’s wellbeing, financial status or damage their property, mistakes can occur which inevitably to create harm. Carrying an E&O policy will help protect you financially if this happens.