Errors and Omissions Insurance

Coverage for Claims Related to Professional Services

What Errors and Omissions Insurance Covers

Errors and omissions insurance, often called E&O insurance or professional liability insurance, is designed to protect businesses and professionals from claims related to mistakes, oversights, or failure to perform professional duties as expected. Even highly skilled professionals can face allegations of negligence, misrepresentation, or inadequate work, making E&O coverage a critical safeguard for service-based businesses. At DRD Insurance, we help professionals understand how errors and omissions insurance works and how it fits into a comprehensive risk management strategy. E&O insurance may help cover legal defense costs, settlements, and judgments arising from claims that a service caused financial harm to a client. These claims can occur even when no actual error was made, and defense costs alone can be significant. Coverage needs vary depending on industry, services offered, contracts, and regulatory requirements. As an independent insurance agency, DRD Insurance compares errors and omissions insurance options from multiple carriers to help ensure coverage aligns with your specific professional exposure. We explain policy terms, retroactive dates, coverage limits, and exclusions so professionals understand how protection applies. Errors and omissions insurance is not just about protecting against mistakes—it is about protecting your reputation, finances, and ability to continue operating with confidence.

Protect Your Business From Costly Allegations

Professional Negligence Claims

Errors and omissions insurance helps protect against claims alleging negligence, mistakes, or failure to deliver professional services as promised, even when claims are unfounded.

Legal Defense and Settlement Costs

Coverage may include legal defense expenses, court costs, and settlements related to covered professional liability claims, reducing financial strain on businesses.

Contract and Client Requirements

Many contracts and clients require errors and omissions insurance as a condition of doing business, making coverage essential for securing and maintaining professional relationships.

Managing Professional Liability Risk

At DRD Insurance, we approach errors and omissions insurance with a focus on accuracy, clarity, and long-term protection. Our process begins by understanding the professional services you provide, the clients you serve, and the contractual obligations you face. Because we are an independent agency, we are not limited to a single carrier’s E&O policy form. This allows us to compare coverage options, explain differences in claims-made policies, retroactive dates, and coverage triggers, and tailor solutions to your specific industry. We help professionals avoid common pitfalls such as gaps in coverage due to policy changes or misunderstanding retroactive coverage. Our team stays informed about industry standards, claims trends, and underwriting requirements so guidance remains relevant. If a claim arises, we assist clients in understanding the process and navigating next steps, helping reduce disruption to business operations. As services expand or evolve, we proactively review coverage to ensure it continues to align with risk exposure. At DRD Insurance, errors and omissions insurance is not treated as optional protection—it is a foundational layer of coverage designed to support professional credibility and long-term success.