Errors & Omissions Insurance
We are looking to purchase insurance for our Locksmith Service Business. What we are mostly interested in is Liability Insurance for Errors & Omissions. We would be sincerely grateful for any info you could give us.
Errors and Omissions insurance will cover you in case you make a mistake in your work. It is very common for many professionals that deliver a service in which an error or omission could result in a sizable loss for a client and a lawsuit against you.
If you aren't sure where to start looking for this coverage, check with an insurance broker who specializes in insurance for the small business owner or independent professional. If you are unable to find that, call your accountant or lawyer. Both of these professionals will have errors and omissions insurance and may be able to steer you in the right direction.